Sony has announced that it has increased its holdings in Japanese media giant and FromSoftware parent company Kadokawa Corporation. Sony acquired the shares for 50 billion yen or roughly $300 million, bringing its total ownership to 10 percent and making it the Kadokawa’s largest shareholder.

Rumors of a FromSoftware buyout from PlayStation owner Sony have ended, as Kadokawa forges a "strategic alliance."

Rumors have been swirling about Sony's potential purchase of Kadokawa, worrying gamers about PlayStation making FromSoftware games exclusive to the platform.