Sega Sammy, parent of "Sonic the Hedgehog" gamemaker Sega, is cutting 560 staffers, 18% of its 3,127 total, and closing 110 of its 322 game arcades in Japan.
San Francisco-based Crunchyroll, which operates a Japanese toon content site and social network serving 5 million fans worldwide, has become the first non-locally-owned company to join the Assn. of…
In Japan, a whopping 85% of the 47.5 million households are hooked up to fiber-optic lines. Also, more than 11 million homes subscribe to cable and satellite services, with 250,000 signing on just in…
Pubcaster NHK launched its long-planned, 24-hour English-language news channel on Monday.
Local pics took a whopping 59.5% share at the Japanese box office in 2008, up from 47% in 2007, according to figures from the Motion Picture Producers Assn. of Japan (Eiren).
Shochiku, which has been presenting the traditional theatrical art of Kabuki since 1895, has announced plans to replace its landmark Kabuki-za theater in Tokyo.
Nintendo said on Thursday that it is lowering its profit forecast for the fiscal year to Y230 billion ($2.56 billion), down by 33% compared with its estimate in October.
Sony's net profit dropped 95% in the third quarter due to a strengthening yen, the gloomy economy and stiffer price competition from electronics rivals.
The U.S. film adaptation of "Astro Boy," the iconic 1960s Japanese toon about a robot boy and his scientist "father," is back on track after producer Imagi Entertainment temporarily suspended…
Cine Qua Non's prexy Lee Bong-ou has developed a three-year plan for corporate survival. One element is diversification, with a corporate reorganization creating divisions for the company's legit…
Mobile communication powerhouse Index Holdings will sell its 71% stake in Nikkatsu, Japan's oldest studio, by the end of February.