Japanese TV Broadcasters Close to Deal With Index

Five private TV broadcasters have entered into final negotiations with Japanese mobile conten giant Index Corp on forming a company to distribute sports information to other online sites, the story says. The broadcasters are: Tokyo Broadcasting System Inc., Fuji Television Network Inc., Nippon Television Network Corp., TV Asahi Corp. and TV Tokyo Corp.

The distribution of sports info will be on both mobile phones and PCs. The new company will be capitalized at about 100 million yen, from all participants..

The new company will begin doing business in June 2006 when the World Cup soccer finals kick off and distribute soccer information to hundreds of Web sites, including Yahoo, the story says.

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