Tokyo Broadcasting System International, Inc announced that it expects to receive $10.5 million in funding from TBS Holdings,Inc.
April 24, 2024
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Tokyo Broadcasting System International, Inc announced that it will raise $10.5 million in a round of funding on April 25, 2024. The transaction will include participation from returning investor TBS Holdings,Inc., to retain it's 100% stake in the company. The company will issue common shares in the transaction.
The transaction is expected to close on or before May 31, 2024. The transaction has been approved by the board of directors of the investor company.
TBS Holdings Inc, formerly Tokyo Broadcasting System Holdings Inc, is a Japan-based company mainly engaged in broadcasting business. The Company operates in three business segments. The Media and Content segment is involved in the broadcasting-related business which conducts broadcasting, program production, video technology, audio technology, cable television broadcasting (CATV) investment, video investment and others; the planning production business which conducts video and audio software production, sales and distribution business, various events, program sales, video software production and sales, animation and music software planning and production. The Lifestyle segment is involved in the mail-order sales, general merchandise retailing, cosmetics manufacturing and sales business. The Real Estate and Others segment is involved in real estate leasing, maintenance and service business, studio management, heating and cooling management, insurance agency and other business.
TBS HOLDINGS,INC. 