Japanopolis or Metropolis Inc?: Japan Inc. Holdings Buys Metropolis Magazine
Japan Inc. Holdings, publisher of Japan Inc. magazine have announced that they have bought Metropolis Magazine. Interesting consolidation in Tokyo's English language publishing scene. Some of the reasons they cite.
- Metropolis is at the top of its game (in terms of the team and market share)
- Metropolis is Internet tolerant
- Metropolis is a great brand
- Metropolis is a keeper
- Metropolis has lots more potential
The article also contains an interesting snippet on the size of the English language market here:
"Right now we estimate that there are about 20 weeklies and monthlies and 5-6 daily newspapers all vying for an English-language market of just 80,000 foreigners and perhaps another 100,000 or so Japanese wanting to read in English".
