Sony Pictures Entertainment has trimmed its stake in HBO Latin America from 29% to 8%, its Tokyo parent announced in a statement on Monday.
TV Tokyo, the smallest of Japan's five networks, has taken a $750,000 minority stake in toon streaming site Crunchyroll. Details of the deal, including the percentage of the stake, were not disclosed.
Five Japanese media companies, TV Asahi, TV Tokyo, Dentsu, Tokyo Broadcasting System Holdings and Hakuhodo DY Media Partners, have taken stakes in video-streaming portal site Gyao.
The corporate remains of Japan's once-mighty Internet startup Livedoor, felled by irregularities in its 2005 hostile bid for Fuji TV network, have settled damages claims for the financial shenanigans.
Culture Convenience Club, operator of Japan's biggest rental video chain, has inked a basic agreement to take over the Japan biz of package software retailer HMV, CCC announced on Thursday.
Broadcaster Tokyo Broadcasting System made a $97 million advance payment to buy back its shares from online retailer Rakuten on Thursday.
Tsuburaya, the producer of the iconic "Ultraman" sci-fi series, is being acquired by pinball and slot machine-maker Fields Corp.
The founder of Robot Communications is stepping down.
Japan and China have inked a memorandum -- similar to a treaty -- on copyright protection.
Japanese arcade and home gamemaker Namco Bandai Games plans to ax 168 employees through early retirement by March 31.
Japanese video software sales fell 4.2% year-on to $3.04 billion in 2009, according to a report issued by the Japan Video Software Association (JVA) on Wednesday. This is the fifth straight year of…