Fujisankei group: landmarks

This chronology is indicative only. Context is provided by the broader communications and media timeline elsewhere on this site.

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1951 Sangyo Kaikan Building (later Sankei Building) founded

1986 Fujisankei Communications International (FCI) established in New York

1989 buys 25% of Virgin Music Group

1990 buys Windswept Pacific Entertainment music catalogue for US$20m

1992 sells stake in Virgin to EMI for US$960m

1998 partnership with News and Softbank in JSkyB satellite tv service

1999 sells Windswept catalogue to EMI for £150m

2005 Takafumi Horie's Livedoor makes hostile bid for Nippon Broadcasting System

2005 Softbank borrows 14.67% of voting rights in Fuji Television from Nippon Broadcasting System

2005 Livedoor issues 13% of its shares to Fuji TV and sells controlling stake in Nippon to Fuji

2005 NTT DoCoMo buys 2.6% stake in Fuji Television for US$176m

2006 Horie arrested for fraud, Livedoor shareprice plummets

2006 Japanese cable broadcaster Usen announces its president will
personally buy Fuji TV's 12.75% stake in Livedoor for ¥9.5bn (US$81.2m)

2006 Livedoor announces sale of Livedoor Financial Holdings Co to Advantage Partners Finance Holdings for 17.577bn yen

2006 Livedoor sells its 51% stake in used car dealer Carchs Co. for US$112m to Solid Acoustics