Softbank and Yahoo Japan said on Monday they had formed a company to broadcast television programs via the Internet, taking advantage of the growing number of Japanese users on advanced, high-speed Internet connections.

The two companies said the joint venture, TV Bank, would operate a new streaming video service called “Yahoo!Doga” (Doga means “moving image” in Japanese), which aims to be a portal site for about 100,000 different programs including movies, sports and music shows as well as drama series from Japan, Taiwan and South Korea.

Source: News.com