Thursday, August 7, 2008

DoCoMo, took stakes in Nippon Television & Fuji Television Network shares

Very recently, Japan’s largest mobile phone company, NTT DoCoMo, took a 3% stake in Nippon Television, a play that further strengthens a relationship that began early last year with the seven-year, $83 million limited liability venture D.N. Dream Partners (DNDP).

The move, which follows DoCoMo’s purchase of 2.6% of Fuji Television Network shares in January 2006, is the latest gamble linking a broadcaster and a telecom giant in a bid to boost services to customers, and represents another step toward a union within the two media sectors. sumber

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