Japan’s leading music and visual content company establishes a subsidiary to leverage cloud and blockchain technologies
- On May 9, Avex Inc., a leading Japanese company handling music and visual content, announced that its board of directors had resolved to establish Avex Technologies Inc. (ATS), a wholly-owned subsidiary engaging in the planning, development, production, and sale of intellectual property (IP (e.g. games, videos, music, and VR)) and systems using cloud and blockchain technologies, effective May 14, 2019.
- Guided by the slogan “Entertainment×Tech×Global,” the Avex Group is pursuing the potential of new businesses using technologies.
- In presentation material titled “Towards an Innovative Future for Entertainment” issued on May 11, 2018, Avex listed Fintech/blockchain as one of those new and innovative businesses.
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