GENDA Acquires Majority Stake in Film Producer, Distributor GAGA Corporation

GENDA is acquiring the stake from GAGA Corporation’s parent company T.Y. Limited, with T.Y. Limited CEO Tom Yoda retaining a 21.95% stake.GAGA Communications was founded in 1986, and primarily distributes smaller and indie titles in Japan, including Western films and anime films.

Japanese entertainment company GENDA (Global Entertainment Network for Dreams and Aspirations) announced on Monday that it has decided to acquire a 78.05% controlling stake of Japanese film distributor and producer GAGA Corporation.

T.Y. Limited acquired a majority stake in the company in July 2009, and the company changed its name to GAGA Corporation in September of the same year.