Mobcast Inc. has formed a joint venture (JV) in Tokyo, Japan. The JV company named Mobcast Entertainment Inc. is engaged in intellectual property and entertainment contents business. As part of the transaction, Mobcast will hold 80% stake in JV. Deal History: Announced: On March 23, 2017, Mobcast is planning to form a JV, The JV company engaged in the intellectual property and entertainment contents business, in Tokyo, Japan.