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Japan’s Toho Acquires 25 Percent Stake in Fifth Season

@Toho Co. Ltd Japanese studio Toho will pay $225 million to acquire a 25% stake in the U.S.-based indie film and television producer-distributor, Fifth Season. The investment from the producer of the current hit box office kaiju movie, Godzilla Minus One, is being made through Toho’s U.S. subsidiary, Toho International, Deadline is reporting. In the…

Neon Acquires Hirokazu Kore-eda’s Cannes Competition Film ‘Broker’

After the success of winning the Palme d’Or and the Oscar, “Parasite” distributor Neon re-teaming with CJ entertainment to pick up the North American Distribution rights for the film, “Broker” from “Shoplifters” director Hirokazu Koreeda ahead of the international premiere at the Cannes Film Festival. Kore-eda is no stranger to the Cannes Film Festival, having…