Softbank, Yahoo Japan Announce Joint Venture, New Broadband Video Service


Last month Rafat wrote about Softbank’s broadband video and Masayoshi Son’s interest in taking TV Bank global. First steps first … today Softbank and Yahoo Japan announced their joint venture TV Bank and a new streaming video service called Yahoo!Doga (Doga means “moving image in Japanese). The video portal plans to offer 100,000 different programs from Japan, S. Korea and Taiwan; some ad-supported, some PPV. TV Asahi has signed on as a content partner. In a press conference, Reuters reports, Son said, “We think the way to go is to not try to control one broadcaster but work with all of them.” Some Japanese broadcasters have been working on their own video services.
Update: A little more from AFP: “Softbank said it aimed to make the joint venture, TV Bank Corporation, the biggest site of its kind in the world, adding that it was still securing agreements with major providers.”
FT: Softbank and Yahoo Japan have signed up a range of content providers, including NHK, the public broadcaster, three of South Korea’s leading broadcasters, BBC Worldwide and AP, the newswire service.The portal offers a variety of content from Hollywood movies to TV dramas and sports programmes.
Related: Masayoshi Son Plans Global Rollout Of His Video Service TV Bank

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