*This is a machine-translated text of the original article.

On April 23, CyberAgent Inc announced it will be launching OEN Inc on April 27. The new subsidiary company will focus on helping players in the entertainment industry monetize their creative work amid digital transformation.

The company aims to support digital shift in the entertainment industry by offering monetization routes such as live streaming, video subscription services, membership-based online communities, e-commerce, investment into specific projects among others.

These services will be provided in a wide range of fields in the entertainment industry, including artists, sports, wrestling, and theater.

The company also plans to support the entertainment industry by comprehensively creating profit opportunities, including by utilizing the platform provided by the CyberAgent Group and the platform provided by other companies.

Original Text: https://ampmedia.jp/2020/04/23/oen/