Intel is investing some of its Digital Home [fund] money in Japanese company Bellrock Media that specializes in distributing movies and music online. The amount was not disclosed.
Bellrock will use the money to help expand its business of making and shipping original digital video content online as well as distributing wider-known music CD and DVD titles. The deal also includes an agreement between Intel and Yoshimoto Kogyo, one of the largest talent agencies in Japan, representing approximately 700 artists.
Bellrock was recently established in the U.S. as a strategic company for Yoshimoto Kogyo’s group companies and Japan’s Faith Inc., whose content distribution service targets both PCs and cell phones.