TBS Enters Venture Investment By Establishing A Subsidiary / Cnet Japan

Tokyo Broadcasting System Holdings (TBS HD) announced an establishment of TBS Innovation Partners. The subsidiary aims to develop a new business of TBS Group by investing in and partnering with startups. By enhancing contacts with venture companies and entrepreneurs, it will accelerate the growth of new businesses.

A venture fund of 1.8 billion yen will be launched in early September by TBS HD and TBS Innovation Partners. The fund plans to invest in startups around media, contents, entertainment, and IT. ...

continue reading in Japanese...
Cnet Japan 9/2/2013 [jp]

memo

• Another TV and media company, Fuji Media Holdings started investment in startups this year. There would be more media companies to join the trend.