Forum - View topicNEWS: Production I.G going public
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Joe Mello
 Posts: 2271 Location: Online Terminal |
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Holy crud! 2500 lucky stiffs just made $11,000 in two days! Do I hear stock split?
That's a pretty high price for an IPO, though, isn't it? (Forgive the probable malapropism) |
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Neilworms
 Posts: 155 Location: Chicago IL |
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sorvani: compairing the working conditions of Japanese animation studios to american or european animation studios is like comparing apples to oranges. Even Studio Ghibli with all of its extra capital and the ablity to provide animators with salaried instead of piecewise (salary per cell produced) has similarly cramped working conditions to the photos you provided.
Lolotakun: I share your concern, but keep in mind that Production IG has always had what we "IG forum refugees" sometimes refered to as "Cash Cow Subsidiaries" ... or in more formal business terms a "branding strategy". Xebec, Bee Train, etc. are all parts of Production IG. In fact Xebec produced one of the most mainstream and non-IG (as the company's reputation goes) anime Love Hina - an anime that die hard fans of IG's more progressivist works deride all the time. On the other hand some IG forum members (most notably Onderhond as I recall, the forums are down and aren't being brought back for awhile it seems) thought that IG was already beginning to take a more commercial approach. Alternative anime web advocate Ben Ettinger (on his blog Anipages Daily also was worried that IG wasn't giving one of its top animators the kind of projects that he deserved.) This sort of thinking illustrates an alarming trend, that IG may be sacrificing its image of producing high quality cutting edge work in exchange for trashy commercialism... Even though some of the recient IG projects are fairly commercial (Blood +, CLAMP double feature, and King of Fighters) keep in mind another Oshii film is in the works featuring a kind of CG puppet animation that Oshii wanted to do when Minipato was made, but got shot down due to lack of funds. An IPO would provide the funding necessary to make this sort of esoteric project a reality... (though I"m worried that investors will start pulling out if its not sucessful, though Japanese capitalism is most likely significantly different than westren, and like all things Japanese that appear westren on their surface, there may be a different methodology that we aren't aware of beneath that surface.) I hope Tempest is right in his trust of Ishikawa to run his studio well... if not there is always Ghibli, Madhouse, and Studio 4C (which is coming out with more and more stuff like Mindgame which is btw, far edgier than even the best IG films IMO) to rely on for high quality artistic animation from Japan. IG's loss as a producer of such animation would be bad, but not the end of more progressive animaiton coming out of Japan. Now that production IG has hte capital from going public, why don't they actually try to put their forums back online... I miss them ;( |
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wao
Posts: 224 |
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I agree totally with Neilworms here. I can understand the feeling that I.G. is getting more and more commercialized, but if you think it's because of the IPO, well, it's already been around for some time...
I.G.'s latest projects seem to be less of the interesting, creative projects that some define I.G. by, but somewhat more derivative and commercialized projects that are likely to rake in more money. They've already done it with Xebec and BeeTrain that produce shows that are mostly stuff you wouldn't I.G. to *ever* produce (like the abovementioned Love Hina). After all, they do have to make a certain amount of money... Heck, even Studio 4C had to do that Nike advertisement animation. That's how it goes, I guess. But despite all of that, I hope I.G. continues being a production house that directors of interesting films will turn to for the production of their works; rather than producing more derivative stuff than interesting things (like how Madhouse seems to be turning out to me)... I.G. films somehow manage to rope in lots of good animators, and slip them into some of their TV series too. The production for their films is really well done and they seem to integrate 3D animation relatively well in their recent works (well, to me anyway). Anyway, it's a good thing to know that the offered stocks are a small percentage of total stocks. |
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Mohawk52
 Posts: 8202 Location: England, UK |
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It's not uncommon for a new stock to take off on first trading. The real value will be this time next year. For now this is riding on the crest of inital investors who have had puts on the stock to buy at the bell. This wave will eventually crash on to the rocks of profit taking and the price will ebb back down to it's natural level of trade. As with any financial investment, past performance is no guarantee of future performance, so any stock will gain, or lose by how investors feel about how well a company will perform in the future. We all saw it with 4Kids stocks plumitting on the news of them not re-signing Pokémon. There is only one being who might know what the future might hold but he never says. Everyone else can only speculate on their analysis and plain old gut feeling. Love it, or hate it, that's the way it works. It's the fire in the boiler of the great steam ship Capitalism.
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Lolotakun
 Posts: 45 Location: Luxembourg |
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A little *bump* since I was on vacation:
First, thank you very much, Tempest, for your enlightening comments and rectifications. The fact that going public was an imperative condition for the mere creation of the company shows the whole problem in a different light and makes their deed... well... more pardonable to me. For the rest of your argumentation, I truly hope you're right.
I'm glad the discussion took a more sceptic turn towards the problem, with such comments as Neilmorm's and Wao's, and I think I have nothing to add to it so far. But the fans should continue to consider I.G.'s new status with a critical eye, so that they keep being encouraged to continue to produce high quality animation. If we act like we don't care, they surely won't mind taking over the next 18 Pokemon seasons, eh? So long! |
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