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Anime News

Toei Begins Internet VOD Service
Date: 9/23/2005
Toei plans to rollout an online video on demand (VOD) service which will launch in November. This marks the first VOD internet service entry of any major Japanese movie company. At first, those in hotels, senior citizen nursing home facilities, and hospitals will have access. The new company, Cinema Plus, is being formed to facilitate the service with a startup capital of 240 million Yen. Toei has invested 51% into the venture with Nomura Research Institute of Technology and Economics investing 25%. 400 titles including films and animation are scheduled to be delivered. a charge of 2000-3000 Yen per month to access the service is expected.
Source: Anime News Service