SoftBank provided the cash as part of a joint venture to exploit the intellectual property of Legendary, which produces films, comic books and digital media.
Japan-based telecommunications firm SoftBank invested $250m in diversified US-based media company Legendary Entertainment on Friday.
Legendary produces films through its Legendary Pictures division, co-producing and co-financing blockbusters including Man of Steel, Pacific Rim and the Dark Knight trilogy with Warner Bros.
The company also oversees comic book publishing and digital media operations, and is partnering with baseball player Derek Jeter on a sports-based digital media company called The Players’ Tribune.
SoftBank made the investment as part of a joint venture…
