Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation 
Delta Air Lines President Glen Hauenstein to Retire, Leaving Legacy of Premium Strategy 
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface 
Shell M&A Chief Exits After BP Takeover Proposal Rejected 
U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data 
Elliott Management Takes $1 Billion Stake in Lululemon, Pushes for Leadership Change 
Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
Instacart Stock Drops After FTC Probes AI-Based Price Discrimination Claims 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies 
ANZ New CEO Forgoes Bonus After Shareholders Reject Executive Pay Report 
Blackstone Leads $400 Million Funding Round in Cyera at $9 Billion Valuation 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers 
Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth 
Netflix Inc. revealed earlier this week that it signed a deal with a Japanese animation company to bolster its anime content offering. The America video streaming giant teamed up with Studio Colorido and entered into an agreement for multiple film content releases.
Netflix is scaling up its anime lineup and, through the deal, is also looking to further grow its business in the Asian region. In this partnership, the two companies will be co-producing three feature films, including the “Drifting Home” anime movie that is set to premiere in September.
According to Reuters, the video streaming firm wants to release more original Japanese animations. Thus, it is investing in this and joining forces with local animation studios in Japan, where anime originated. It was revealed that while Netflix is featuring the “Drifting Home” movie, it will also be shown in movie theaters in the country.
Anime is one of the biggest crowd-drawer for Netflix, not just in Japan but also worldwide. It was reported that 90% of local subscribers watch these animations, and on the global stage, 50% of the subscribers watched their favorite anime series and movies on the platform last year.
“At Netflix, we place a premium on authentic material for our core fans as well as to draw in new viewers. This partnership extends our growing film slate in Japan and also adds to our collection of more “lean-back” and family-friendly stories,” Netflix’s Japan content director, Yuji Yamano, said in an interview. “We will also explore theatrical releases for upcoming films we co-produce, in addition to their Netflix premieres. The first example of that will be ‘Drifting Home,’ which will premiere on Netflix and in theaters on the same day.”
Finally, Kaata Sakamoto, vice president of content at Netflix Japan, added that they are ramping up their investment in Japanese content not just in volume but in various genres and content formats. He added that in order to win globally, they must win more viewers locally first; thus, they are improving their offering by releasing more originals alongside local Japanese studios.
