How DramaFever Turned Subtitles Into a Multimillion Dollar Business

SoftBank buys Asian streaming site for up to $140 million

DramaFever knew it had a hit when it started its business of streaming international TV shows even though the majority of its audience didn't yet know about the Asian dramas that were set to take over their lives and screens. Five years later, the online platform has grown to encompass an audience of more than 20 million unique monthly viewers—and a lucrative multimillion dollar acquisition. 

Today, the company announced that it had been purchased by Japanese mobile communications giant SoftBank Group.

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