Business Services Industry
Sony, Others Form Joint Venture to Provide E-Publishing Services.
Knight Ridder/Tribune Business News, November, 2003
Kyodo News International, Tokyo Knight Ridder/Tribune Business News
Nov. 13--Fifteen companies, including Sony Corp., have established a joint venture to provide paid electronic publishing services to member customers, Sony and four other major partners said Thursday.
The new firm, Publishing link Ltd., will start distributing books over the Internet from next spring, the companies said.
The other four firms are publishers Shinchosha Co. and Kodansha Ltd. and printing firms Dai Nippon Printing Co. and Toppan Printing Co.
Capitalized at 487.5 million yen, the new company is owned 41.03 percent by Sony, 15.38 percent each by Shinchosha and Kodansha and 10.26 percent each by Dai Nippon Printing and Toppan Printing. The remaining...
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