More Reviews
REVIEWS CounterSpy Review
Your operative is tasked with infiltrating both sides of nuclear war. Can CounterSpy finish the mission in time for your PSN credit?

Akiba's Trip Review
Here's a game where you must trip vampires of their clothes. Oh goodness...
Release Dates
NEW RELEASES Tales of Xillia 2
Release date: Out Now

Plants Vs. Zombies: Garden Warfare
Release date: Out Now

Madden NFL 15
Release date: 08/26/14

Destiny
Release date: 09/09/14


LATEST FEATURES The Updating List of PAX Indies
We're heading to PAX Prime! Are you looking to check out a few unique indie games while you're there? UPDATED: This War of Mine, Gigantic

The Best Upcoming Racing Games of 2014
You've probably only heard of Sony's exclusive Driveclub and Microsoft's exclusive Forza Horizon 2, but don't forget about a few others.

LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP KevinS
RIP Robin Williams (1951-2014)
By KevinS
Posted on 08/14/14
Robin Williams (1951-2014) Robin Williams was an absolutely exceptional comedian, talented actor, and holder of a special place in video game history: He was the first really famous gamer I know of. I’m sure there were others, but they kept a comparatively low profile, unlike one...

GAMING NEWS

Sony Selling All of Its Shares in Square Enix

Posted on Wednesday, April 16 @ 05:30:00 Eastern by Alex_Osborn


Sony will be selling off all of its shares in Square Enix, the company has just announced.

The sale will take place within the next few days, as Sony has "come to an agreement with SMBC Nikko Securities Inc., one of Japan’s three largest brokerage firms, for the transfer of 9,520,000 shares they had in Square Enix," Siliconera reports.

The expected value of the transfer is approximately 4.8 billion yen, which is about $47 million. This will be added to Sony's first quarter profits of 2014. We'll know the full value of the sale tomorrow.

I wonder what sort of impact this might have on the future of Sony's relationship with Square Enix. After all, franchises like Final Fantasy and Kingdom Hearts have traditionally found their home on PlayStation hardware, but now will be coming to Xbox One as well.
Tags:   Sony


More from the Game Revolution Network




comments powered by Disqus

More On GameRevolution