BloomZ Inc. BLMZ shares are shooting higher today. On Wednesday, the company announced it was selected by the animation production committee of “Kakushite! Makina-san!” as the primary animation contractor for an upcoming project.
In addition to this, BloomZ acquired key rights, including ownership of the master recording for the opening music, overseas rights for theatrical distribution and television broadcasting, and commercialization and digital content rights for producing digital games.
BloomZ’s CEO, Kazusa Aranami, said, “The acquisition of certain rights to this project represents a significant milestone in our animation production business and presents a growth opportunity that we expect will further diversify our revenue streams.”
”With recent cooperations with CrossVision Inc. and sonilude Inc., we aim to pursue similar collaborations to strengthen our development capabilities and expand our portfolio of animation projects.”
”Set to air in 2025, “Kakushite! Makina-san!” has already generated fans and media’s interest in it ahead of its broadcast since its announcement in May 2024, and we look forward to the potential revenue that may be generated by its commercialization and event development in the near future.”
Last month, BloomZ disclosed involvement in the audio production of “The Legend of Heroes: Kai no Kiseki -Farewell, O Zemuria-,” a science fantasy role-playing video game.
Price Action: BLMZ shares are up 77.6% at $1.27 at the last check Thursday.
Read Next:
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
