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The latest announcement is out from Amuse ( (JP:4301) ).
Amuse Inc. has decided to transfer its entire stake in its subsidiary A-Sketch Co., Ltd. to Universal Music LLC. The decision aligns with Amuse’s strategy to focus on its core artist and content businesses amid a diversifying music market. The transfer is expected to bolster Amuse’s industry positioning and improve corporate value, while Universal Music strengthens its music production and distribution capabilities.
More about Amuse
Amuse Inc. operates in the entertainment industry, primarily focusing on artist management, content production, and music distribution. The company is concentrating its resources on the artist business, content business, and expanding its overseas presence to enhance its competitiveness and corporate value.
See more data about 4301 stock on TipRanks’ Stock Analysis page.
