ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business deals

Japan's top anime broadcasters set to combine

Integration aims to pool resources for expansion to fend off streaming threat

Animax, Japan's largest animation-only TV channel, is affiliated with Sony.

TOKYO -- Japan's two top channels devoted to animated programming have agreed to integrate, in a bid to speed up expansion abroad and develop original content as video-streaming services eat into the audience for paid television.

Animax Broadcast Japan, in which Sony Pictures Entertainment (Japan) holds a more than 60% stake, and Kids Station, more than 60% owned by trading house Mitsui & Co., will move under the umbrella of a new holding company. Sony Pictures is expected to hold a majority interest in the new entity, which probably will be headed by Animax President Masao Takiyama. The deal will be announced Thursday, with the new structure to be set up by the end of March.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more