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Sony Music Entertainment to acquire 23% stake in GungHo Online Entertainment for $1.79B

· Tokyo, Japan · Asia-Pacific · no longer in the live window

Sony Music Entertainment announced a purchase of over 23% of GungHo Online Entertainment for about 286 billion yen ($1.79 billion).

Topic
Other tech news
Location
Tokyo, Japan (35.676°, 139.650°)
Region
Asia-Pacific
Impact
high
Reported value
$1.8B
Reported by
cnBeta
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