J-Novel Club, which has been my go-to for (official) light novel translations and releases, has
been acquired by Kadokawa.
More specifically, Kadokawa bought a "majority stake" in JNC, so it's de facto an acquisition, but not a full one as such.
Sam Pinansky (JNC founder and president) also posted a
brief FAQ, which boils down to "nothing about JNC will be changing distribution-wise, this just lets JNC have more leverage in licencing future LNs". Which is a relief, considering Kadokawa Bookwalker's
deep DRM, and JNC's stated commitment to having zero DRM for any of their ebooks.
My primary concern is that Kadokawa is notoriously conservative when it comes to international distribution, and regional restrictions might happen for future LNs.