Cool Japan joins consortium in $160m SDI Media purchase
The government-backed Cool Japan Fund has joined a consortium of Japanese investors, led by production company Imagica Roboto Holdings, to acquire a 100% stake in US subtitler SDI Media Group.
The consortium, which also includes Sumitomo Corporation, will pay a total of $160 million, with Cool Japan contributing $59.5 million to the deal, a statement said. SDI describes itself as a media localisation...
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