The Japanese telecommunications company SoftBank Corp., which owns 51% of Supercell and its subsidiary GungHo, has started investing heavily in cinema.
According to Bloomberg, the Japanese bought about 7.5% – 10% of the California studio for $ 250 million (based on the cost of the entire company at $ 3 billion). And, according to rumors, they are going to invest about $ 1 billion in it by 2018.
The deal, on the one hand, will provide additional resources for the development of Legendary, on the other hand, SoftBank’s media channels will have access to the studio’s content.
The companies are also going to create a venture fund that will focus on the development of online and mobile services focused on India and China.
Japanese analyst Tomoaki Kawasaki believes that one of SoftBank’s tasks today is to buy companies that can work in synergy. It is possible that the new Legendary films will support Supercell and GungHo titles.
A source: http://www.bloomberg.comSoftBank Corp.
– a Japanese telecommunications company, whose market value is estimated at about $83 billion. At the moment, it has already invested in more than 1300 high-tech companies (including 32% of Alibaba Group Holding Ltd.).Legendary Entertainment is an American film company founded in 2005.
She is known for such films as “The Dark Knight”, “Bachelor Party in Vegas”, “Man of Steel” and many others.