Japan's Toho to step up overseas push with $225m stake in U.S. studio

Japan's Toho to step up overseas push with $225m stake in U.S. studio

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TOKYO/PALO ALTO, U.S. -- Japanese entertainment group Toho will invest $225 million in California-based film and TV studio CJ ENM Fifth Season under plans announced Monday, shifting its sights overseas as streaming squeezes Japan's movie industry. The deal, which marks Toho's largest investment…

#tokyo #paloalto #toho #cjenm #fifthseason

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