American Company Blackstone Inc. To Acquire Japan's Largest E-Manga Site In USD 1.7 Billion Deal

It was competing against Sony Music Entertainment and KKR & Co.

11 comments

“The more original content we have, we can monetize that intellectual property over time,” Sakamoto said in an interview.

I feel uncomfortable reading this line
- Time to start hoarding.
- If you want to view the next frame, click pay or donate your child's data to Experian.
- Capitalism infects everything it touches. Marx and Lenin were right.
  
  Capitalism is deeply flawed, but communism is not that great in practice either. We need something else.
Oh boy! More enshittification!
Oh god no
This is terrible.
Always uneasy about PE owners since their values tend to be opposed to creating well-liked, sustainable businesses. Hope they don't start gutting budgets, loading up the balance sheet with debt, and siphoning off profits. RIP Toys R' Us.
- Hope they don't start gutting budgets, loading up the balance sheet with debt, and siphoning off profits.
  
  Oh, they will.

11 comments