FinanceMUFG plans movie production fund to boost Japan's content industry
First round of funding will go to company by publisher Kodansha
A joint venture of Kodansha and the producer of the movie "Kingdom" will receive the first round of funding for one live-action film. (Source photos by Nikkei)
TOKYO -- Mitsubishi UFJ Financial Group is launching a fund to finance Japanese movie production, starting with a more than 6 billion yen ($42 million) investment in a business set up by publisher Kodansha, aiming to boost the competitiveness of the nation's content industry.