The Tokyo Broadcasting System has made a strategic investment in Legendary Entertainment, the producer of “Dune” and the Godzilla franchise, that will allow the Hollywood company access to more Japanese intellectual property.
TBS – which operates broadcast networks, streaming platforms, production studios and a broad entertainment portfolio – has acquired a $150 million minority ownership stake in Legendary, led by CEO Josh Grode and chief creative Mary Parent. Legendary leadership and Apollo Funds remain co-owners of the studio’s majority stake. The partnership is non-exclusive across content verticals.
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