Nippon TV Sets Up APAC Subsidiary In Singapore
Nippon Television Network Corporation (Nippon TV) announces the establishment of NTV Asia Pacific Pte. Ltd. (NTVAP), a local subsidiary in Singapore, as part of its continuing pursuit to become the leading media content company in Asia.
Nippon TV established a joint venture company with Sony Pictures Television Networks in May 2015 and, in October 2015, launched a new channel named GEM in Hong Kong, Thailand, Indonesia, and Cambodia. Continuing on this momentum, NTVAP was incorporated to take advantage of the many vibrant markets in Asia in order to launch new businesses that will contribute to the economies and cultures in the region.
Nippon TV is committed to creating entertaining programs that speak straight to the heart of viewers throughout Asia.
Name：NTV Asia Pacific Pte. Ltd.
Capital：USD 1,000,000 (USD 100,000 as of this press release; capital to be increased going forward)
Capital Contribution：Nippon TV 100%
(Currently Managing Director, International Business Development; will assume new role in December 2015)
Source: Nippon TV