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Press Release

Content Studio Babel Label Joins CyberAgent Group

ABEMA

CyberAgent, Inc. (head office: Shibuya-ku, Tokyo; President: Susumu Fujita; TSE: 4751) has acquired issued shares of Babel Label Co.,  Ltd. (head office: Shibuya-ku, Tokyo; Representative Director: Hisato Yamada). Babel Label is a content studio involved in producing films, TV shows, and other entertainment. With the acquisition, Babel Label has become a consolidated subsidiary of CyberAgent.

1. Background

Babel Label is a content studio whose associates include top-notch creators like Michihito Fujii. At the 43rd Japan Academy Awards, he won the Japan Academy Film Prize for Director of the Year for his work on "The Journalist," which was Picture of the Year. In addition to films, Babel Label has worked on numerous TV shows, commercials, music videos, and other productions.

The recent spread of video-on-demand (VOD) services has drawn greater attention worldwide on streaming high-quality dramatic content. Given this background, Babel Label seeks to establish an intellectual property (IP) business through video productions, namely film and TV shows. CyberAgent, meanwhile, has global aims for developing a wide-ranging entertainment business on the internet blending technology with creativity. Babel Label agreed to join the CyberAgent Group's management because both companies share a common goal of releasing high-quality Japanese video content with global appeal. Babel Label aspires to do more in producing TV shows for a wide range of platforms, along with films, and to export video content worldwide.

2. Outlook

Babel Label's company name and organization will remain unchanged. The company's current representative director, video producer Hisato Yamada, will remain president. Babel Label will hire film and TV producers and will expand its offices. CyberAgent will support the studio by covering production fees to develop major projects and high-quality video content. The content will be distributed via ABEMA and other platforms worldwide. The goal is to grow Babel Label into one of Japan's leading content studios.

This deal will have minimal impact on the consolidated results for the reporting period ending September 2022.

3. Associated Creators (partial list)

- Michihito Fujii
Director of 2019 film "The Journalist"; director of 2022 TV show "The Journalist"; director of 2022 film "Yomei 10 Nen" (10 Years to Live)

- Kento Yamaguchi
Director of 2021 TV show "Avalanche"

- Hiroto Hara
Director of 2021 TV show "Hachigatsu wa Yoru no Batting Center de" (August Night at the Batting Cages); director of 2021 TV show "Risky"

- Hidenobu Abera
Director of 2021 drama "Tokyo Hochi Shokudo" (Abandoned Tokyo Restaurant); director of 2021 TV show "Mushoboke"

- FUBI
Director of 2020 music video "Grandeur" by Snow Man; director of 2020 music video "Familia" by Millennium Parade (co-produced with Michihito Fujii)

Babel Label Overview

Name Babel Label Co., Ltd.  https://babel-pro.com/
Address 11 Ichigaya-Sanaicho, Shinjuku-ku, Tokyo
Establishment October 1, 2013
Capital 74 million yen
Representative Hisato Yamada, Representative Director
Business Video production for film, TV, advertising, etc.