https://www.live-feeds.com/feed/sony-music-entertainment-japan-and-gungho-online-entertainment-to-form-capital-and-business-allianceContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/sony-music-entertainment-japan-and-gungho-online-entertainment-to-form-capital-and-business-alliancehttps://www.live-feeds.com/feed/sony-music-entertainment-japan-and-gungho-online-entertainment-to-form-capital-and-business-alliance#u55972Thu, 03 Sep 2026 19:16:15 +0000Sony Music Entertainment Japan is acquiring a 23.29% stake in GungHo Online Entertainment, the developer of Puzzle & Dragons. This capital and business alliance involves a 28.6 billion yen investment, making Sony Music the largest shareholder. The partnership intends to expand GungHo's gaming business and strengthen its current game lineup.Why it mattersGungHo Online Entertainment is known for the mobile gaming success of Puzzle & Dragons. This investment signals a strategic move by Sony Music to integrate music and gaming operations.What is confirmedSony Music Entertainment Japan https://www.live-feeds.com/feed/sony-music-entertainment-japan-and-gungho-online-entertainment-to-form-capital-and-business-alliancehttps://www.live-feeds.com/feed/sony-music-entertainment-japan-and-gungho-online-entertainment-to-form-capital-and-business-alliance#u53034Mon, 31 Aug 2026 10:51:05 +0000Sony Music Entertainment Japan will form a capital and business alliance with GungHo Online Entertainment, investing ¥28.6 billion to become the largest shareholder. This partnership aims to enhance GungHo's game lineup. Sony Music's investment is expected to help GungHo expand its gaming business.Why it mattersThe alliance between Sony Music and GungHo is seen as a strategic move to strengthen GungHo's position in the gaming industry. GungHo is known for its popular mobile games, and Sony Music's investment is expected to help the company expand its gaming business. This p