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BRIEF-Nikkei Inc., TV Tokyo Holdings, TBS & other Japanese media firms to form JV - Nikkei
May 23, 2017 / 9:27 PM / 5 months ago

BRIEF-Nikkei Inc., TV Tokyo Holdings, TBS & other Japanese media firms to form JV - Nikkei

May 24 (Reuters) - Nikkei:

* Nikkei Inc., TV Tokyo Holdings, Tokyo Broadcasting System, Wowow, Dentsu and Hakuhodo Dy Media partners to create 4 billion yen JV in July - Nikkei

* Jv is regarding entering domestic market for video streaming - Nikkei

* TBS will take 31.5% stake, Nikkei inc. will hold 16.6%. TV Tokyo and Wowow each will hold a 14.9% interest in the new business -Nikkei

* Dentsu and the Hakuhodo Dy Holdings unit control 14.8% and 7.3%, respectively in the new business - Nikkei Source text for Eikon: Further company coverage:

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