Dream Maker Entertainment Limited, Hong Kong Branch acquired additional 32.5% stake in Beyond Live Corporation, INC from Stream Media Corporation for ¥181 million.
June 15, 2022
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Dream Maker Entertainment Limited, Hong Kong Branch acquired additional 32.5% stake in Beyond Live Corporation, INC from Stream Media Corporation (TSE:4772) for ¥181 million on June 16, 2022. Beyond Live Corporation has reported revenue of ¥72.746 million, total assets of ¥491.372 million and net loss of ¥1.96 million in Financial year 2021.
Dream Maker Entertainment Limited, Hong Kong Branch completed the acquisition of additional 32.5% stake in Beyond Live Corporation, INC from Stream Media Corporation (TSE:4772) on June 16, 2022.
Stream Media Corporation, formerly Digital Adventure, Inc., is engaged in provision of contents business. The Company operates in two business segments. The Rights & Media Communication segments engages in acquisition and commercialization of various rights relating to the drama broadcasting rights and distribution rights of movies, management of artists, operation of fan club and events, as well as sale of products through the Internet and convenience store. The Broadcasting segment is engaged in provision of programs and events at communication satellites (CS) broadcasting. Other business is engaged in contract management business of content distribution and music content business.
Dream Maker Entertainment Limited, Hong Kong Branch acquired additional 32.5% stake in Beyond Live Corporation, INC from Stream Media Corporation for ¥181 million.