Toho Invests $225M in Fifth Season

Japanese entertainment giant acquires 25% stake, bolstering Fifth Season's global content expansion.

Toho Co. Ltd., the Japanese entertainment company known for the Godzilla franchise, has invested $225 million in Fifth Season, the production company behind “Severance.”
The investment gives Toho a 25% stake in Fifth Season, while Korean entertainment company CJ ENM remains the majority owner.
Fifth Season, previously known as Endeavor Content, was first created in 2017 by Hollywood talent agency owner Endeavor.
Toho's recent film, “Godzilla Minus One,” has generated more than $50 million at the global box office, including $25 million in the U.S. and Canada.
The investment will allow Fifth Season to expand its slate of premium content and create opportunities for collaboration between Fifth Season, Toho, and CJ ENM.