SoftBank to buy online-video firm
DramaFever offers Korean TV programmes on Internet for English-language viewers
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Tokyo
SOFTBANK Corp agreed to buy DramaFever Corp, which offers Korean TV programmes online for English-language viewers, adding to the Japanese carrier's spate of online content acquisitions.
DramaFever, which had raised US$12 million from investors including AMC Networks Inc and SoftBank Ventures, says it's the largest online-video distributor of international TV content, with 15,000 episodes. The site, founded in 2009, streams movies and TV shows with subtitles. Financial terms weren't disclosed in a statement from the companies.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar
