TBS to Launch Global IP Joint Venture With Korea’s CJ ENM and U-NEXT

TBS HOLDINGS INC. ( (JP:9401) ) has issued an update.

TBS HOLDINGS, INC. has agreed to form a joint venture in Japan with Korean entertainment major CJ ENM and domestic streaming operator U-NEXT HOLDINGS to build a global IP creation framework spanning Japanese and South Korean content. The new company, to be based in Tokyo with capital of ¥1.25 billion and majority-owned by CJ ENM, will combine TBS’s drama production capabilities, CJ ENM’s global-standard development system and U-NEXT’s large streaming platform to enhance the value and international reach of Japan-originated IPs, reflecting TBS’s push for global expansion under its Vision 2030 strategy.

TBS will hold a 40% stake in the venture, which is expected to become its affiliate and have some overlapping directors and executives from TBS group companies. The initiative deepens TBS’s existing strategic partnership with CJ ENM on drama co-production and is intended to accelerate global distribution and monetization of Asian content, potentially strengthening TBS’s competitive position in the rapidly consolidating international streaming and content market.

The most recent analyst rating on (JP:9401) stock is a Hold with a Yen5782.00 price target. To see the full list of analyst forecasts on TBS HOLDINGS INC. stock, see the JP:9401 Stock Forecast page.

More about TBS HOLDINGS INC.

TBS HOLDINGS, INC. is a Japanese media and entertainment group listed on the Prime Market of the Tokyo Stock Exchange. The company is known for producing television dramas and other audiovisual content and is pursuing a strategy to increase the global value of its content IPs under its Medium-Term Business Plan 2026.

Average Trading Volume: 219,552

Technical Sentiment Signal: Buy

Current Market Cap: Yen922.5B

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