Livedoor Co. President Takafumi Horie said Thursday that an equity alliance with Fuji Television Network Inc. is necessary for the continued expansion of his company's business.

"It won't go well without an equity alliance," Horie said in an interview with Kyodo News.

At the same time, he added that the Internet service provider and Fuji TV will have to agree to "some sort of truce" so both sides can feel at ease when discussing possible cooperation.