Japanese ringtone developer Faith has acquired a 29-percent stake in Rojam Entertainment Holdings, a Japanese entertainment and media company (Rojam is “major” spelled backward, emphasizing the company’s vision to be the major entertainment network in Asia).The tie-up will see Rojam and Faiths’s Chinese mobile content distribution subsidiary AnyMusic join forces to enter the mobile content distribution market in China. Through AnyMusic, Faith provides content such as ringtones and wallpapers to China Mobile and China Unicom. Press release
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