It seems like Elden Ring developer FromSoftware has bought the IP from writer Bandai Namco Leisure. Web sleuths found a United States Patent and Trademark Workplace (USPTO) submitting for switch of IP possession dated April 2023, suggesting that Bandai Namco agreed to let go of the worldwide hit.
Sony and Tencent have been investing in Elden Ring developer FromSoftware
Each Sony Interactive Leisure and Tencent have been rising their stake in FromSoftware and its dad or mum firm Kadokawa, with the view to enabling each to self publish their video games. As of August 2022, Sony owns 14.1% of FromSoftware whereas Tencent owns 16.3%.
It’s unclear if Sony and Tencent had been behind the push to buy Elden Ring, however the information has stunned some given the sport’s success. Many surprise why Bandai Namco would let go of such a prized IP.
Price noting, nonetheless, that Bandai Namco hasn’t had a stellar monetary 12 months and just lately reported a whopping 96% lower in revenue year-on-year for the fiscal quarter ended December 31, 2023. The corporate has canceled 5 video games in growth and has pledged stricter high quality management going ahead.
Whether or not Bandai Namco’s monetary troubles have something to do with its choice to promote Elden Ring is anyone’s guess.