Forum - View topicWhat's Happening with ADV Films
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_V_
 Posts: 619 |
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Does Sojitz still control 20% of "Section 23"?
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Blood-
 Bargain Hunter Posts: 23779 |
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Language laws, eh? We've got 'em in Canada too, but not to that extent, I don't think. However, if you are a business in Quebec, the French text on any of your signs must be TWICE as big as the text of any other language or you'll be getting a nice little visit from the Language Police. Oi vey. |
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MokonaModoki
 Posts: 437 Location: Austin, Texas |
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Does it even matter whether the 20% stake actually affected anything or not? After what they did to ADV, the idea of Sojitz being left holding 20% of nothing just amuses me to no end.
Kudos to ADV for pulling this off. |
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Tempest
 I Run this place.ANN Publisher  Posts: 10421 Location: Do not message me for support. |
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This hasn't been disclosed. But I can tell you with absolute certainty that no, they do not. |
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Shale
Posts: 337 Location: The Middle of Nowhere, DE |
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Given what Tempest has said on the matter, I feel pretty secure in the belief that if this arrangement was going to involve Sojitz, it wouldn't have happened at all.
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Robert Frazer
Posts: 16 |
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Pardon me for just dropping in like this with a question rather than contributing to the discussion, but with all of this reshuffling does anyone know about the position of ADV's manga division now? I ask because even though it was moribund for the past year ADV Manga did own a number of titles that I was interested in (such as Chrono Crusade and in particular Gunslinger Girl), and it'd be good to know what the status of those licenses is now.
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child of Lilith
 Posts: 137 Location: Egg of Lilith ( the black moon) |
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Hopefully this change will kick start their manga department. I’d love for more Gunslinger Girl to come out.
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Dargonxtc
 Posts: 4463 Location: Nc5xd7+ スターダストの海洋 |
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And those all make sense, including the difficulty of the Japanese to run them down as other posters have suggested. I guess where I am is it all seems a bit excessive. Even by the reasons given, one of which I considered. In the first scenario, company A is still the lynch pin, so the extra risk aversion gained from creating more than two separate bodies is negligible. In the second scenario, considering the source, it is highly likely that all of the investors know each other pretty well. So it would make more sense to consolidate, which means that that in and of itself is not the reason but an effect of the reason. The hiding from the Japanese makes a little more sense, but how many divisions do you really need to walk away scot free. In my experience not many at all. The increase in litigation is exponential, and dissuades them from trying in the first place. Again I am not challenging the validity of any of these statements, like I said it just seems a bit excessive. I will definitely be interested in more news as it unfolds to see where this is all headed. |
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bayoab
Posts: 831 |
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Sam Murai
 Posts: 1051 |
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Thanks Greed1914, mangastudent, and tempest, I appreciated all of your answers to my questions about the financial aftermath aspect of the deal. They've definitely helped shed more light on it for me. It seemed like Sojitz had a slim chance if any at getting anything out of them from the outset, but now it looks increasing more like they were killing two (or more) birds with one stone by restructuring to also help pay creditors (aside from wanting to run under a different brand banner).
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MorwenLaicoriel
 Posts: 1617 Location: Colorado |
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I don't really know whether or not they still have it, but I do know they were still printing Chrono Crusade as of last year, and you can still find copies in most book stores. I'm assuming it's still being printed, but that's just a somewhat educated guess. (Also, if you'll excuse the pimping, Chrono Crusade is my favorite manga and I definitely recommend picking it up if you have a chance.) |
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Redbeard 101
Oscar the Grouch
Forums Superstar  Posts: 16935 |
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I would hope not. I mean I would imagine this move on their part has to be partially based on their dealings with Sojitz and how to get away and out of that open sore. |
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JINROH
Posts: 56 |
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Investors,will also tend to shy away from companies and LLC's,that play shell games,with their past partners and creditors.Not that the artist formerly known as Prince,err,I mean ADV is doing that sort of thing.I am sure this all on the up and up. I truly,sincerely hope this all works out for the absolute best. |
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Yoda117
Posts: 406 |
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While I also hope for the best, I have to agree that getting new investors and business partners might be difficult based on the current manuvering. Within the next fiscal quarter or two we ought to know for certain. Regardless of the resaon, a restructuring such as this always has the potential to be a double-edged sword. |
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Teriyaki Terrier
 Posts: 5689 |
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Thank you very much for the clear and concise article Chris. However, the fact ADV is no more isn't a easy fact to swallow. I've seen Geneon go chapter seven and now ADV does the same. In a sense, there is some sort of peace knowing that the remaining titles may be finished by Sentai Flims (but whetever that is true or not I do not know.)
All I can say is, Thanks ADV. I've seen some awesome shows that you licensed over the years. Including my favorite slice of life show Azumanga Daioh and several others. Thanks for all the great anime licensed and great actors as well. There aren't many companies now and days that actually include English audio and do it well either. Best of luck, hopefully this won't mean too many people will be out of a job for long. |
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