Kadokawa World Leisure agrees deal to buy Anime Information Community

Kadokawa World Leisure agrees deal to buy Anime Information Community

Date: 2022 November 03 00:28

Posted by Eeeper

Kadokawa Company, Japanese media conglomerate, publicizes the acquisition of Anime Information Community’s media enterprise, through their US holding firm, Kadokawa World Leisure.

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Kadokawa Company, one of many largest publishers of manga and movie in Japan, has acquired the American information and media firm Anime Information Community through its personal American subsidiary Kadokawa World Leisure. No monetary particulars have been disclosed however shouldn’t be anticipated to impression on the earnings for the group for the 12 months. The writer of ANN, Christopher Mcdonald has issued a statement on the ANN web site stating that whereas the corporate was being offered to Kadokawa, the editorial integrity of the positioning can be contractually upheld by the brand new house owners.



Kadokawa world entertainment

Press launch follows:

KADOKAWA Broadcasts Acquisition of Anime Information Community’s Media Enterprise

KADOKAWA CORPORATION (Headquarters: Chiyoda-ku, Tokyo; President and Member of the Board: Takeshi Natsuno; hereinafter “KADOKAWA”) introduced immediately that the corporate has reached an settlement with Anime Information Community Inc. (Headquarters: Quebec Province, Canada, President: Christopher Macdonald, hereinafter “ANN”) with respect to KADOKAWA’s majority acquisition of ANN’s media enterprise.

Based in 1998, ANN engages within the media enterprise centered on distribution of the newest information regarding Japanese anime, manga, mild novels and different leisure content material to its English-speaking market userbase in North America and different components of the world. ANN additionally operates a content material database and group boards for its customers to work together on its web site and has established its place as one of many largest platforms specialised in its subject in North America.

Our choice to proceed with the acquisition is meant to additional strengthen KADOKAWA’s world advertising and marketing efforts referring to the digital and bodily merchandise dealt with by BOOK☆WALKER Co., Ltd. (Headquarters: Tokyo) which operates an English on-line e-book retailer (BOOK WALKER World), YEN PRESS, LLC (Headquarters: New York, hereinafter “YP”) which engages within the complete English publication of manga and light-weight novels, and so forth. in North America, and J-Novel Membership LLC (Headquarters: Texas) which engages within the English e-book publication of Japanese mild novels and the operation of a digital subscription service platform amongst others within the English- talking market. The transaction is contemplated to be pursued by means of the acquisition by a newly established firm beneath KADOKAWA’s US holding firm KADOKAWA WORLD ENTERTAINMENT, INC. (Headquarters: Delaware, hereinafter “KWE”) of all the associated enterprise belongings from ANN, scheduled to be accomplished by the top of the 12 months. The transaction, its worth shouldn’t be disclosed, would haven’t any materials impression on KADOKAWA’s consolidated enterprise outcomes. Following the completion of the transaction, we intend to additional broaden of all the group’s companies within the English-speaking market by strengthening collaboration in promotion and different areas amongst every of the group’s aforementioned companies.

Christopher Macdonald, President of ANN (To be appointed because the Writer of the brand new firm), says: “I’m excited by this chance to work with Kadokawa and Kadokawa World Leisure to dramatically enhance Anime Information Community throughout the course of the approaching years. Myself and all of ANN’s workers stay completely devoted to the requirements {of professional}, exhaustive, and editorially impartial journalism that ANN is already identified for and we imagine that Kadokawa’s sources can be an excellent profit to ANN’s journalism and our readers.”

Kurt Hassler, Chief Government Officer of KWE and Managing Director and Writer of YP, says: “For over twenty years, ANN has distinguished itself by offering a window of reports and details about Japanese content material and establishing a group the place followers can work together and share their enthusiasm. This acquisition represents a possibility not just for KADOKAWA to raised and extra successfully spotlight its personal content material however to reinforce ANN’s mission to develop the worldwide viewers for manga and anime as an entire whereas increasing the boundaries of what the positioning can provide customers.”

Supply: ANN Press Release

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Anime Zone
Anime Zone
Anime is an art form that uses imagination and creativity to tell stories. It's a form of entertainment that can be enjoyed by people of all ages. I love writing about anime because it gives me the opportunity to share my love for the genre with other fans.