Fuji Television Network Inc. and Internet service provider Livedoor Co. could hold the first meeting of their joint task force to work out details of their business alliance by the end of this month, Fuji TV President Koichi Murakami said Friday.
Murakami told a news conference that the TV broadcaster and Livedoor should strive to devise a quality tieup program that would raise the value of both companies, instead of making hasty decisions.
Earlier this week, the two companies announced an agreement to end their two-month battle for control of Nippon Broadcasting System Inc., including a capital and business tieup.
Under the terms of the pact, the joint task force will take six months to draw up a detailed alliance plan, including how to integrate Internet and broadcasting services.
The capital and business tieup will see Fuji TV spend 147 billion yen for the Livedoor group's entire equity stake in NBS and a 12.75 percent interest in Livedoor.
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