U-Next History: The Evolution of Japan's Leading Entertainment Platform
From its humble beginnings as a specialized set-top box service to becoming a titan of the Japanese digital landscape, U-Next has redefined how audiences in Japan consume media. By blending subscription video on demand (SVOD), transactional video on demand (TVOD), and digital publishing, the platform has evolved into a comprehensive entertainment ecosystem.
The Gyao Next Era and Independence (2006–2009)
The journey began in June 2006 when Usen explored the possibility of bringing Gyao—a popular advertising-supported video on demand (AVOD) service for PCs—to television screens. This led to the launch of Gyao Next on June 1, 2007. Unlike the free PC version, Gyao Next was a premium pay-per-view service requiring a Gyao Plus set-top box and a monthly fee ranging from 3,900 to 4,950 yen.
The service saw immediate success, attracting over 10,000 subscribers in its first month, with a user base primarily composed of women in their 20s and 30s. To grow its appeal, Usen reduced monthly costs to 2,980 yen in June 2008 and expanded its library to include Pacific League professional baseball and thousands of pay-per-view titles.

A pivotal shift occurred on April 7, 2009, when Yahoo! Japan acquired 51% of Gyao from Usen for 529 million yen. While Gyao became a Yahoo! subsidiary, Gyao Next remained with Usen, setting the stage for the platform to forge its own independent identity.
Rebranding to U-Next and Device Expansion (2009–2016)
Following the separation from the Gyao brand, Usen integrated its music broadcasting services into its hardware. By September 2009, the service had grown to 100,000 subscribers. To solidify this new direction, the service was officially rebranded as U-Next on December 1, 2009.

The following years were marked by strategic partnerships and technical upgrades. In 2013, U-Next overhauled its PC interface and partnered with Aeon Entertainment to launch the Aeon Cinema Web Screen, allowing users to use streaming points for cinema ticket discounts. The platform also introduced Movie Card prepaid codes via Precamo to accommodate users without credit cards.
Expansion continued through 2016 with the integration of NHK On Demand, providing access to thousands of archived programs. U-Next also partnered with All Nippon Airways (ANA) to allow Mileage Club members to spend miles on content and began supporting 4K resolution via Chromecast Ultra in December 2016.
Reintegration with Usen and Content Diversification (2017–2022)
By 2017, U-Next had become the third-largest SVOD service in Japan. The company adopted a bold strategy of releasing films online before their theatrical premieres, such as the six-part extended version of Wilderness in September 2017. In December 2017, U-Next completed a tender offer to absorb its former parent company, Usen, unifying its streaming and telecommunications businesses.
The platform then pivoted toward a "cross-media" strategy. In January 2019, it integrated the BookPlace e-book platform, allowing users to read manga and novels alongside watching videos. This was bolstered by a massive deal with Kadokawa in August 2019, adding 47,000 titles.
International content became a primary growth driver. U-Next signed major agreements with CBS Studios International (2018), BBC Studios (2020), and a landmark exclusive SVOD partnership with WarnerMedia in March 2021, making it the exclusive Japanese home for HBO and HBO Max original series.
The Paravi Merger and Market Scaling (2023)
A transformative moment occurred on March 31, 2023, when U-Next merged with Premium Platform Japan (PPJ), the operator of Paravi. This merger integrated approximately 10,000 drama and variety programs from TBS and TV Tokyo. By June 2023, TBS Holdings increased its stake in U-Next to 20%.
This consolidation catapulted U-Next to the position of the second-largest video streaming service in Japan by revenue, subscribers, and title count, trailing only Netflix. By September 2023, the platform exceeded 4 million paid subscribers.
Sports Broadcasting and Global Ambitions (2023–Present)
U-Next has recently pivoted toward live sports to capture highly engaged audiences. It secured exclusive rights for the UFC (2023), Spanish La Liga (through 2028), and the English Premier League (through 2031). In 2024, it launched the U-Next Soccer Pack and secured a five-year deal for the ATP Tour tennis events.
Beyond sports, the platform expanded into news with 24/7 BBC News broadcasting and educational content via the Kids All-You-Can-Read service. A major international milestone was reached on September 25, 2024, when U-Next became the exclusive launch partner for the Max brand in Japan. This partnership allows U-Next to act as a global bridge, promoting Japanese intellectual property (IP) to Max's 103 million worldwide subscribers.
By November 2025, U-Next surpassed 5 million paid subscribers, becoming the first Japanese-operated premium streaming service to reach this scale, supported by a library of over 1.24 million e-books and thousands of annual live events.
Key Facts
- Launch: Started as Gyao Next in 2007; rebranded to U-Next in December 2009.
- Market Position: Second-largest streaming service in Japan by revenue and subscribers (as of 2023).
- Subscriber Milestone: Surpassed 5 million paid subscribers by November 2025.
- Content Breadth: Integrates SVOD, TVOD, e-books, and live sports.
- Major Partnerships: Exclusive Japanese partner for Max (Warner Bros. Discovery) and exclusive broadcaster for La Liga and the Premier League.
- Strategic Merger: Absorbed Paravi in March 2023 to gain massive domestic drama libraries.
| Period | Key Milestone | Primary Focus |
|---|---|---|
| 2007–2009 | Launch of Gyao Next | Set-top box PPV & Karaoke |
| 2009–2016 | Rebrand to U-Next | Device expansion & Cinema partnerships |
| 2017–2022 | Usen Reintegration | E-book integration & Western prestige drama |
| 2023 | Paravi Merger | Domestic TV content & Market scaling |
| 2023–Present | Sports & Global IP | Live sports & International distribution (Max) |
Frequently Asked Questions
What was the relationship between Gyao and U-Next?
U-Next began as Gyao Next, a premium set-top box service launched by Usen. While the main Gyao AVOD service was acquired by Yahoo! Japan in 2009, Gyao Next remained with Usen and was later rebranded as U-Next to establish an independent identity.
How did the Paravi merger affect U-Next?
The merger in March 2023 allowed U-Next to absorb Paravi's 0.85 million subscribers and a library of 10,000 drama and variety programs from TBS and TV Tokyo, helping U-Next become the second-largest streaming service in Japan.
What sports can be streamed on U-Next?
U-Next offers extensive live sports coverage, including the English Premier League, Spanish La Liga, UFC, and the ATP Tour. It also provides coverage for the SV League (volleyball) and international table tennis.
Does U-Next offer more than just video streaming?
Yes, U-Next is a comprehensive entertainment platform that integrates a massive digital publishing wing with over 1.24 million e-books, manga, and magazines, as well as educational content for children.
What is the significance of the Max partnership?
U-Next is the exclusive launch partner for the Max streaming brand in Japan. Beyond providing content to Japanese users, the deal allows U-Next to help distribute and promote Japanese films and dramas to a global audience of over 103 million Max subscribers.