According to Nikkei Asia, Sony is going to acquire franchises, not stakes in companies. In the gaming sector, the corporation already owns large stakes in FromSoftware and Bandai Namco, but now we are talking about direct control over franchises. Against this background, the situation with Electronic Arts is mentioned: the publisher was bought for $55 billion, but after the deal it will have a debt of $20 billion. This may push EA to sell some brands. Among the possible candidates are Dragon Age and Mass Effect, which could get a new lease of life under Sony's management.
Another direction could be WB Games, given the talk of merging its parent company with Paramount. At the same time, Sony continues to work with its series, some of which remain without development, but film adaptations of games are being actively prepared.
All this is happening against the background of business reorganization. Sony has spun off its subsidiary Sony Financial Group, whose shares are valued at approximately $9.5 billion and are already traded on the stock exchange. The company has suffered for many years from a "conglomerate discount," which made its market value lower than that of its competitors.