"Cool Japan" fund to fund anime dubbing/subbing and Internet distribution

Started by aetherltd, March 20, 2015, 12:10:59 AM

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There is a new "Cool Japan" venture capital fund, with a capital of over ¥40,000,000,000, to promote Japan's pop culture.  This is a heavily funded effort by the government of Japan and some major companies. The government of Korea has been funding K-Pop, and Japan has decided they need to spend heavily to keep up.

They just bought 100% of SDI Media, the world's largest commercial dubbing/subbing operation, and a satellite TV channel for broadcasting J-Pop and fashion. They are also funding an online anime distribution operation called "Anime Consortium Japan Inc."