Z : TVer and the Z Holdings Group Reach a Basic Agreement for Business Alliance
January 30, 2023 at 09:07 pm EST
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2023.01.31
TVer INC.
Z Holdings Corporation
Z Entertainment Corporation
Yahoo Japan Corporation
LINE Corporation
TVer INC. (Head office: Minato-ku, Tokyo; President and Representative Director: Nobuko Wako; hereinafter "TVer"), Z Holdings Corporation (hereinafter "ZHD"), and the Z Holdings Group companies: Z Entertainment Corporation (hereinafter "ZE"), Yahoo Japan Corporation (hereinafter "Yahoo Japan"), and LINE Corporation (hereinafter "LINE"), have reached a basic agreement to form a long-term business alliance through cooperation between their businesses.
Based on this basic agreement, TVer, ZHD, ZE, Yahoo Japan, and LINE will begin discussing specific measures. In addition to jointly developing advertising analysis solutions and collaborating on measures for the growth of each company's services, TVer and the ZHD Group plan to consider initiatives that will serve to strengthen collaborations, such as the development of joint advertising products in sales promotion and the implementation of joint projects among the services of both groups.
TVer, ZHD, ZE, Yahoo Japan, and LINE will take this basic agreement as an opportunity to promote various initiatives, which will contribute to the vitalization of the entertainment industry in Japan.
■ About the official commercial TV streaming service "TVer." (https://tver.jp/ Japanese only)
TVer is an official commercial TV streaming service offering free, ad-supported distribution of safe and secure TV content. In addition to the weekly distribution of approximately 600 programs on PCs, smartphones/tablets, and TV apps, the service also offers archived content, real-time distribution (simultaneous distribution of terrestrial broadcasting), and livestreaming. TVer launched its services in October 2015.
■ TVer INC. News: Press releases/columns/articles
https://biz.tver.co.jp/news.html (Japanese only)
Unless otherwise specified, English-language documents are prepared solely for the convenience of non-Japanese speakers. If there is any inconsistency between the English-language documents and the Japanese-language documents, the Japanese-language documents will prevail.
Z Holdings Corporation published this content on 31 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 January 2023 02:06:06 UTC.
Z Holdings Corporation is a holding company organized around 3 areas of activity:
- operation of e-commerce portals (69.5% of net sales): primarily operation of the Yahoo! Japan Shopping, PayPay Mall, ASKUL, Lohaco, Zozotown, Line Friends and Line Gift online stores. In addition, the group operates online auction platforms (Yahuoku!, PayPay Flea Market, etc.), online hotel and travel booking platforms (Yahoo! Japan Travel, Ikyu Travel, etc.) and electronic payment and financial services platforms (PayPay Card, PayPay Bank, LINE Securities, etc.) ;
- media services (28.2%): Internet advertising and marketing services, operation of generalist portals providing Internet tools and services (search engines, e-mail, discussion forums, electronic diaries, instant messaging, etc.), and content ( e-books, video content, thematic directories, news, etc.);
- other (2.3%).