Shochiku, Mitsui team on prod’n deal

Due to launch company to distribute, promote pix

Japan’s oldest film studio, Shochiku, and trading house Mitsui are to cooperate in a range of areas, including film production and sales.

Shochiku and Mitsui have launched a planning company with a 60/40 split, respectively. This summer or fall, the company will morph into a joint venture that will distribute and promote films and other visual content on mobile devices and the Internet.

The two also will cooperate in other media-related businesses, including live-action film production, animation development and sales and international content marketing.

The two already have financial ties — Mitsui is an investor in the Shochiku-run Satellite Theater movie channel and Shochiku subsidiary Shochiku Multiplex Theaters. Mitsui also put up 15% of the coin for the production of “Helen the Baby Fox,” a family film that Shochiku produced and released wide earlier this year.

Shochiku, however, denied a Nikkei newspaper report that Mitsui intends to acquire 7% of its stock. “It’s not on the table,” said a Shochiku spokesman. “We’ll work together project by project.”

More Film

  • Moviepass

    MoviePass Parent's Stock Plunges Again to Record Low

    Japan’s oldest film studio, Shochiku, and trading house Mitsui are to cooperate in a range of areas, including film production and sales. Shochiku and Mitsui have launched a planning company with a 60/40 split, respectively. This summer or fall, the company will morph into a joint venture that will distribute and promote films and other […]

  • Timothee Chalamet

    Timothee Chalamet in Talks to Star in Denis Villeneuve's 'Dune'

    Japan’s oldest film studio, Shochiku, and trading house Mitsui are to cooperate in a range of areas, including film production and sales. Shochiku and Mitsui have launched a planning company with a 60/40 split, respectively. This summer or fall, the company will morph into a joint venture that will distribute and promote films and other […]

  • Taraji P Henson Sam Rockwell

    Taraji P. Henson-Sam Rockwell Drama 'Best of Enemies' Bought by STX

    Japan’s oldest film studio, Shochiku, and trading house Mitsui are to cooperate in a range of areas, including film production and sales. Shochiku and Mitsui have launched a planning company with a 60/40 split, respectively. This summer or fall, the company will morph into a joint venture that will distribute and promote films and other […]

  • Harrison Ford plane incident

    Harrison Ford Eyes 'Call of the Wild' (EXCLUSIVE)

    Japan’s oldest film studio, Shochiku, and trading house Mitsui are to cooperate in a range of areas, including film production and sales. Shochiku and Mitsui have launched a planning company with a 60/40 split, respectively. This summer or fall, the company will morph into a joint venture that will distribute and promote films and other […]

  • Matthew Rhys

    Matthew Rhys to Co-Star With Tom Hanks in Mr. Rogers Film 'You Are My Friend' (EXCLUSIVE)

    Japan’s oldest film studio, Shochiku, and trading house Mitsui are to cooperate in a range of areas, including film production and sales. Shochiku and Mitsui have launched a planning company with a 60/40 split, respectively. This summer or fall, the company will morph into a joint venture that will distribute and promote films and other […]

  • San Diego Comic Con Preview 2017

    Variety Announces Comic-Con Studio and Kick-Off Party With YouTube

    Japan’s oldest film studio, Shochiku, and trading house Mitsui are to cooperate in a range of areas, including film production and sales. Shochiku and Mitsui have launched a planning company with a 60/40 split, respectively. This summer or fall, the company will morph into a joint venture that will distribute and promote films and other […]

  • Israeli Film Industry Furious Over Proposed

    Israeli Film Industry Furious Over Proposed Funding Changes

    Japan’s oldest film studio, Shochiku, and trading house Mitsui are to cooperate in a range of areas, including film production and sales. Shochiku and Mitsui have launched a planning company with a 60/40 split, respectively. This summer or fall, the company will morph into a joint venture that will distribute and promote films and other […]

More From Our Brands

Access exclusive content