Tokyo- Jupiter Telecommunications, Japan’s largest MSO with 2.67 million subscribers, is merging with Jupiter TV, which operates 17 cable and satellite channels, effective Sept. 1. First, Jupiter TV is being reorganized into a new entity, New Jupiter TV, housing 16 channels, by July 2. This new company will then merge with Jupiter Telecommunications, in which Sumitomo and Liberty own a 63% stake through a joint venture, LGI/Sumisho Super Media. “We will make maximum use of our management resources such as financial power, customer base and sales systems… and through production, organization and distribution of high-quality television programs, increase the number of our cable television subscribing households as well as intensify and differentiate our services,” J:COM stated. “At the same time, we will promote the expansion of the business of cable television operators (other than our group) and direct-to-home satellite service providers.”
Ad – Before Content
Related Articles
- Banijay Rights Partners with Neil Gibson’s Twisted Comics to create comic books inspired by Black Mirror
- The Read Sea International Film Festival announces Spike Lee as President of Jury for 2024 edition
- Pixotope Launches Revolutionary AI-Powered Graphics Integration Tool for Broadcast Industry
- Prime Video Launches Channel K, the Premier Destination for Korean Entertainment, as an Add-On Subscription
- Cowshed Collective to produce new Sidemen reality series INSIDE season 2 for Netflix
- Romania acquires Global Agency’s newly launched format Celebrity Dreams