Studio Ghibli Acquired by Japanese TV Network, Becomes Subsidiary
2023-09-21
According to reports on September 21st by Japanese media, Japanese TV network has made a significant decision at today's board meeting, successfully acquiring a majority stake (approximately 42.3%) in Studio Ghibli and formally integrating it as a subsidiary through a support contract for Studio Ghibli's operations.
Representative Suzuki Toshio of Studio Ghibli attended the press conference and, when discussing the reasons for this transaction, mentioned that both Hayao Miyazaki and himself are getting on in years. Therefore, their biggest concern has been about the studio's succession plan. As a result, they began discussions with Japanese TV network, with which they have had a strong and productive partnership, starting last year.
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