The startup studio had been backed by investors including Telegraph Media Group and Entertainment One, before the Asahi Broadcasting subsidiary pitched in new funding.
Creative Labs, a Canada-based digital studio launched by talent manager Creative Artists Agency (CAA), has secured $5m from Dream Link Entertainment, a subsidiary of Japan-headquartered television broadcaster Asahi Broadcasting Group.
Dream Link will provide the funding over the next two financial quarters. The $2.7m first tranche was supplied last month through venture capital firm Pegasus Tech Ventures.
CAA launched Creative Labs in 2017 with $12.5m from investors including media companies Forbes Media and Telegraph Media Group, entertainment distributor Entertainment…
