Bilibili Expands Animation Offering with Investment in Fun-Media
Bilibili Inc. - American Depositary Shares (BILI)
Last bilibili inc. - american depositary shares earnings: 3/17 07:00 pm
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Source: GlobeNewswire
SHANGHAI, China, Sept. 12, 2018 (GLOBE NEWSWIRE) -- Bilibili Inc. (“Bilibili” or the “Company”) (Nasdaq: BILI), a leading online entertainment platform for young generations in China, today announced that it has signed a definitive agreement to acquire minority equity interest in Fun-Media. Fun-Media is a Japanese-based company that wholly owns animation production studios feel. inc. (“Feel”) ZEXCS inc. (“ZEXCS”) and Assez Finaud Fabric. Inc. (“Assez Finaud Fabric”). “In line with our strategy to continually update our platform with premium content, our strategic investment in Fun-Media provides us with hot new TV series, original video animations (OVA) and films from the popular Feel, ZEXCS and Assez Finaud Fabric animation studios,” said Mr. Rui Chen, Chairman of the Board and Chief Executive Officer of Bilibili. “Three animation studios have gained enormous popularity in Japan and globally, and we look forward to offering more fascinating animation content to our growing number
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