TMCnet News
Usen, Livedoor link portal sites+(Japan Economic Newswire Via Thomson Dialog NewsEdge)TOKYO, March 28_(Kyodo) _ Cable broadcaster Usen Corp. and Internet services firm Livedoor Co. on Tuesday linked their portal sites in the first step of their business alliance, the companies said. The linkup is designed to guide some 15 million users of the Livedoor site to Usen's GyaO contents site and about 8.5 million GyaO users to the Livedoor site, they said. Usen on March 16 announced the business alliance to rescue Livedoor, whose founder Takafumi Horie and four other former Livedoor executives have been charged with accounting fraud. Usen President Yasuhide Uno has personally bought Fuji Television Network Inc.'s entire 12.74 percent stake in the Internet service provider for a reported 9.5 billion yen. The two companies have created an alliance promotion committee to consider specifics of their tie-up. |