The parties will explore working to activate
their proprietary innovative attractions and technologies to expand
popular Japanese IP within Tanseisha’s robust network
Falcon’s Beyond Global, Inc. (Nasdaq: FBYD) (“Falcon’s” or the
“Company”), a global entertainment powerhouse and a visionary
innovator in immersive storytelling, today announced they intend to
work with Tanseisha Co., Ltd., a Tokyo-based designer and creator
of commercial and cultural facilities with deep roots in the
Japanese market and a strong track record of working with
globally-recognized brands. The two companies will explore
collaborating to develop new themed entertainment experiences, to
bring popular Japanese anime and manga intellectual property (IP)
to life through location-based entertainment (LBE), games, movies
and more.
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To create the new experiences, Falcon’s plans to activate its
robust slate of proprietary attractions and technologies in Japan
for the very first time. Among the Company’s innovative consumer
experiences are ON!X Theater™, an industry award-winning ride
system; the Suspended Theater®, which brings the sensation
of flight to life in a whole new way; and the CircuMotion®
Theater, the epitome of integrated 3D media, omnidirectional
motion, and fully engaged storytelling. Specific IP-focused
projects developed through the collaboration will be announced in
the future.
“We are extremely honored to have Tanseisha at our side as a
valued partner as we look to enter the Japanese market,” said Cecil
D. Magpuri, CEO of Falcon’s Beyond Global, Inc. “Tanseisha has a
wealth of strong connections and expertise combined with their deep
knowledge of and access to Japanese IP. Together, we share a mutual
love of bringing storytelling to life in new ways and a desire to
boldly accelerate toward building the future of immersive themed
entertainment.”
Wakamatsu Masato, Executive Officer & General Manager of
Cross Media Innovation Headquarters at Tanseisha added, “By
exploring a partnership with Falcon’s Beyond, with their creative
ingenuity and proprietary technologies, we look to expand our
potential to bring immersive entertainment experiences to new
heights in Japan and around the world. Falcon’s has proven itself
as a leader in themed entertainment attractions, and we look
forward to introducing and sharing their expertise to our
market.”
Falcon’s announcement with Tanseisha comes during a time of
unprecedented global growth for the Company, which includes a
recently announced agreement with The Hershey Company to create
Hershey-themed experiential attraction and retail experiences,
ongoing collaboration with Qiddiya Investment Company in Saudi
Arabia on first-of-its-kind immersive entertainment projects, and
innovative virtual sea life entertainment experiences under
development with Raging Power Limited, an arm of K11 Group,
throughout China. It also expands the Company’s global footprint in
Asia, following the partnership it forged with K11 in 2023 and the
opening of its Philippines office last year.
The Tanseisha relationship also bolsters the momentum the
Company established in 2023 when it marked multiple milestones,
including becoming publicly listed on Nasdaq as FBYD, and launching
a historic recruitment effort for its Falcon’s Creative Group
business unit, with a goal to double its headcount.
About Falcon’s Beyond
Falcon’s Beyond is a visionary innovator in immersive
storytelling. A global entertainment powerhouse where original
ideas – fueled by passion and guided by masterful expertise – take
flight and accelerate at speeds beyond your imagination. Where fun
is reimagined through innovative technologies and extraordinary
themed experiences. Falcon’s connects the world by bringing stories
to life through theme parks, resorts, animation, consumer products,
gaming, movies and beyond.
Falcon’s Beyond propels intellectual property (IP)
activations concurrently across physical and digital experiences
through three core business units:
- Falcon’s Creative Group is one of the world’s leading
themed entertainment and master planning firms, having planned over
$100 billion in award-winning experiences where creative vision,
compelling design, immersive media, and cutting-edge technology
intersect to bring imagination to life.
- Falcon’s Beyond Destinations develops, owns, and
operates global entertainment destinations from resorts, theme
parks, attractions to retail, dining and location-based
entertainment venues where stories come to life and memories are
made.
- Falcon’s Beyond Brands expands franchises across
multiple platforms from media to gaming, music to consumer products
and beyond. Falcon’s also invents immersive rides, attractions and
technologies for entertainment destinations around the world.
Falcon’s is headquartered in Orlando, FL. Learn more at
falconsbeyond.com.
About Tanseisha
As professionals in creating spaces for imaginations to grow, we
at Tanseisha provide solutions for commercial spaces such as retail
establishments, cultural spaces such as museums, exhibition and
event spaces, and many more environments for various social
interaction. From research and planning, all the way to design,
construction, spatial direction using digital technology and
operations, we offer full support throughout the whole creative
process. Learn more at https://www.tanseisha.co.jp/en.
Caution About Forward-Looking Statements
This press release contains, and management of Falcon’s Beyond
(“Falcon’s” or the “company”) may make, forward-looking statements
within the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements can be identified by the use of words such as
“anticipate”, “believe”, “can”, “continue”, “could”, “expect”,
“forecast”, “intend”, “may”, “might”, “plan”, “possible”,
“potential”, “predict”, “project”, “seek”, “should”, “strive”,
“target”, “will”, “would” and similar expressions, but the absence
of these words does not mean that a statement is not
forward-looking. Forward-looking statements may include, but are
not limited to, statements regarding the development of Falcon’s
products, technologies and services, business and business plans,
commercial plans and platform, third party partnerships including
Falcon’s relationship with Tanseisha, and projections of market
opportunity and market share. Actual events or results are
difficult or impossible to predict and may differ materially from
those expressed in or implied by the forward-looking statements in
this press release. Some of the factors that could cause actual
events or results to differ include but are not limited to the
following: (1) changes in domestic and foreign business, market,
financial, political, and legal conditions in general and in the
entertainment industry in particular; (2) the enforceability of the
Falcon’s intellectual property, including its patents, and the
potential infringement on the intellectual property rights of
others, cyber security risks or potential breaches of data
security; (3) any failure to realize the anticipated benefits of
the technologies and other developments, including the company’s
recently completed business combination transaction; (4) risks
related to the rollout of the Falcon’s business and the timing of
expected business milestones; (5) risks related to the development
and marketing of Falcon’s products and technologies, including the
ability to successfully market and develop digital and AI
technologies and virtual platforms; (6) the effects of competition
on Falcon’s business; and (7) those factors discussed in the
Registration Statement on Form S-1/A filed with the SEC on November
30, 2023 under the heading “Risk Factors” and other documents
Falcon has filed, or will file, with the SEC. Our forward-looking
statements speak only as of the date of this presentation or as of
the date they are made, and we undertake no obligation to update
our forward-looking statements.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240117266225/en/
Media:
Kathleen Prihoda, Falcon’s Beyond kprihoda@falconsbeyond.com
DKC Public Relations Falcons@dkcnews.com
Tanseisha Co., Ltd pr-staff@tanseisha.co.jp
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