Fifth Season Secures $225 Million Investment From Japan’s Toho
variety.comPatrick Frater Asia Bureau Chief Fifth Season, the production and distribution company previously known as Endeavor Content, has secured a $225 million strategic investment from Toho International, the Japanese film and TV studio behind current box office hit “Godzilla Minus One.” The investment gives Toho a 25% equity stake in the company and leaves Korean entertainment conglomerate CJ ENM as Fifth Season’s majority owner.
Former parent company, Endeavor Group Holdings continues as a strategic shareholder. CJ ENM and Fifth Season will work with Toho to both produce global content and participate in content produced in Japan.
Toho’s development and production executives will also team with Fifth Season. Production and creative efforts that result from these collaborations will access Fifth Season’s global distribution network.
Previously, CJ ENM completed its deal to buy a controlling stake in Endeavor Content in January 2022. It paid $875 million for an 80% holding.
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