BushiRoad Sells New Japan - Immediate Thoughts
God I hate when news breaks while I’m in the office. This morning New Japan has announced that their largest shareholder, Bushiroad Inc. has concluded a share transfer agreement as of today with TV Asahi Corporation and CyberAgent, Inc.regarding Bushiroad’s shares in our company. In other words, Bushiroad out with TV Asahi getting a bigger piece of the pie and CyberAgent coming in. I find this fascinating it is a time for takeover in wrestling following on from Nikki Cross and Big Damo’s purchase of both Britain’s Progress Wrestling and America’s Defy wrestling it reflects a changing landscape of new owners and maybe new ideas. CyberAgent is an interesting name. Their subsidiary in CyberFight is the owner of NOAH, DDT & TJPW so this is a real conglomerate of wrestling companies under one banner when you remember that New Japan owns World Wonder Ring Stardom as well (edit: apparently BushiRoad owns Stardom again? I don’t fucking know at this point). While minority owner compar...