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NEWS: Sojitz to Dissolve ARM Subsidiary for Anime Overseas


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GATSU



Joined: 03 Jan 2002
Posts: 15366
PostPosted: Fri Oct 24, 2008 10:32 pm Reply with quote
parker:
Quote:
I was just getting ready to say quite facetiously that you should get a job and learn something about business.


I have to lie to get a job, and the only thing to learn in business is how to lie to your stockholders and your customers.

Quote:
Dude, the reason you don't have a job is because you don't understand business at all


Oh, I totally understand business. It's all about making money at everyone's expense, including the customer. And if anyone tells you otherwise, they're either in denial, or they haven't actually taken a course in the field.

Quote:
if for no other reason than they do have a job.


No, writing for ANN is a hobby. A paid hobby, but a hobby nonetheless. A job is when you actually bust your hump day in and day out doing menial work for ungrateful jerks who like to extend your hours, while cutting your benefits, or laying you off before you're even eligible for benefits.

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Just the fact that you are blaming "business" for no job security means you don't understand what creates job security.


What creates job security is what Tempest has in his country: socialism. What doesn't create job security is what we got: socialism for the rich.

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This is a political line developed after the debacle began, because of course "somebody must pay!", and it won't be the politicians who set up the playing field


The politicians who set up the playing field are being voted out of office as we speak. But the lenders were the ones lobbying for that playing field. And now the only people defending them are either those who hate the poor, or those who like to apply double standards to working-class minorities, while ignoring rich whites asking for $700 billion in welfare.

Quote:
I worked for one of the largest mortgage companies at the time. The people running the place were extremely bright, well-intentioned, and doing everything possible within the rules of the game to make money for the company's stockholders and the employees.


The fact that you're saying this in the past tense means that you're wrong and/or delusional.

Quote:
If you offer someone a reward for "doing more", and they are the type who likes to compete, improve and win, then don't be surprised when they exceed the expectations you had when you made the rules. The law of unintended consequences so applies in this case.


Well, the Neo-Depression really proves how successful they were, huh? Rolling Eyes
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jsevakis
Former ANN Editor in Chief


Joined: 28 Jul 2003
Posts: 1684
Location: Los Angeles, CA
PostPosted: Sat Oct 25, 2008 12:52 am Reply with quote
In the last 15 posts this thread has gone from the worst thread ever to the best thread ever.

Ah, GATSU you nut-bar. You totally brighten my day.
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bglassbrook



Joined: 29 Aug 2006
Posts: 1243
Location: Gaithersburg, MD
PostPosted: Sat Oct 25, 2008 6:34 am Reply with quote
samuelp wrote:
Seems smart enough, but quite complicated compared to simply getting Sojitz to sell their 20% share to you.

Fastest way would be to just pop a reorganitzation. Unfortunately, that's also the fastest way to lose the tag "simple" because it requires (A) being able to pay fair value, unless you feel like having them win in court, and worse (B) getting the entire remaining 80% to vote together with you .. and if ARM had 21.6% as suggested earlier, tough dice.
pparker wrote:
and it won't be the politicians who set up the playing field or the Fed who virtually controls the monetary system in the U.S.

I wish it wasn't too late for coming up with a better word than "virtually." The Fed does control the US monetary system ... but it's a kinda like playing pool, whereby one must control as much luck as skill to avoid a slight deviation that could either cause one heck of a backspin or send the cue ball screaming into the pocket behind your target.
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Hon'ya-chan



Joined: 31 Jul 2007
Posts: 973
PostPosted: Sat Oct 25, 2008 6:39 am Reply with quote
I blame the whole deal on Vic Mignogna. And Tiffany Grant. Heck, all VA's. They ruined it for all of us.
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Colonel Wolfe



Joined: 05 Aug 2004
Posts: 370
PostPosted: Sat Oct 25, 2008 10:09 am Reply with quote
GATSU, you epitomize what it is to be ignorant . It's so easy to criticize when you have no real idea on how a business operates.

Leave it to someone who doesn't have a job to criticize on how someone else is running theirs ... go back to pushing your ice cream cart.
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LuckySeven



Joined: 02 Sep 2008
Posts: 585
Location: Georgia, USA
PostPosted: Sat Oct 25, 2008 10:17 am Reply with quote
Hon'ya-chan wrote:
I blame the whole deal on Vic Mignogna. And Tiffany Grant. Heck, all VA's. They ruined it for all of us.


Exactly how do the VAs get the blame for this?
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Colonel Wolfe



Joined: 05 Aug 2004
Posts: 370
PostPosted: Sat Oct 25, 2008 10:34 am Reply with quote
I'd like to know as well. It's not the VA's to blame, it's the lamo's with their bad and horrendous translations ...
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samuelp
Industry Insider


Joined: 25 Nov 2007
Posts: 2238
Location: San Antonio, USA
PostPosted: Sat Oct 25, 2008 10:40 am Reply with quote
bglassbrook wrote:
samuelp wrote:
Seems smart enough, but quite complicated compared to simply getting Sojitz to sell their 20% share to you.

Fastest way would be to just pop a reorganitzation. Unfortunately, that's also the fastest way to lose the tag "simple" because it requires (A) being able to pay fair value, unless you feel like having them win in court, and worse (B) getting the entire remaining 80% to vote together with you .. and if ARM had 21.6% as suggested earlier, tough dice.

Well that would be true if they were publicly traded but they aren't. I'm pretty sure that the other 80% or so was still controlled by ledford himself (perhaps with a few outside investors that were not in the position to block his decisions).

I think the issue was more that ADV can't, or is refusing to out of spite, pay Sojitz anything for the 20% it still owns.
By shifting their operations over to these other LLCs they can then just kill the old ADV off and Sojitz ends up with nothing.
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GATSU



Joined: 03 Jan 2002
Posts: 15366
PostPosted: Sat Oct 25, 2008 4:58 pm Reply with quote
Wolfe:
Quote:
GATSU, you epitomize what it is to be ignorant . It's so easy to criticize when you have no real idea on how a business operates.


You sure about that?

Quote:
Badgered by lawmakers, former Federal Reserve Chairman Alan Greenspan denied the nation's economic crisis was his fault on Thursday but conceded the meltdown had revealed a flaw in a lifetime of economic thinking and left him in a "state of shocked disbelief."...The financial crisis even prompted the Republican Greenspan, a staunch believer in free markets, to propose that government consider tougher regulations, including requiring financial firms that package mortgages into securities to keep a portion as a check on quality....Greenspan, 82, acknowledged under questioning that he had made a "mistake" in believing that banks, operating in their own self-interest, would do what was necessary to protect their shareholders and institutions. Greenspan called that "a flaw in the model ... that defines how the world works."...


Back to you:

Quote:
Leave it to someone who doesn't have a job to criticize on how someone else is running theirs ...


I may not have a job, but I have common sense; and that's probably more important than 'experience'.
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GATSU



Joined: 03 Jan 2002
Posts: 15366
PostPosted: Sun Oct 26, 2008 1:29 am Reply with quote
I have to add that, by Tempest's logic, John O'Donnell is happy to have Suncoast die on him in such a way that he's forced to give away his excess stock at a con, because he can't even make money on it through other vendors. And it's just coincidence that Toupee was so disappointed in how 4Kids handled OP that they yanked the license from them and even Viz, and gave distribution rights to FUNimation. In truth, they probably really "wanted" OP to do so badly in the U.S. that even BoBoBo became more popular than it! Rolling Eyes
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CCSYueh



Joined: 03 Jul 2004
Posts: 2707
Location: San Diego, CA
PostPosted: Sun Oct 26, 2008 3:25 am Reply with quote
Colonel Wolfe wrote:
nyuck nyuck ... who cares about funi anyway? not me. I have my 450+ anime dvd library ... everything's good. Laughing


Geez, dude, I have over 500 ADV dvds alone.
And about that many Geneon
And around 200-300 Funi
I don't even think aboout how much money I have invested in my collection, but I have titles that are no longer available so yeah, I'm happy about that. All the Sailor Moons released in the States. Lots of CPM titles I don't believe one can get any longer like Descendants of Darkness & Sohryuden.

But for everyone jumping up & down & comparing the ADV/Funi situation to the Geneon/Funi deal, when Shonen Onmyoji 3, Kyo Kara Maoh S2 dvd 8 (which I don't believe was even close-that was dvd 7 that was killed a week or so prior to release) & that Story od Saiunkoku "box + 3rd dvd"
Not a single dvd has Funi's name ANYWHERE on the dvd. (sleeve. Only opened Saiunkoku)
The bottom of that box for Saiunkoku lists the funi website for Saiunkoku, the cardboard holder reads "Geneon" & beside it is "distributed by Funimation" & inside is Funi's ad pamphlet losting all of their releases for Sept-November not listing a single Geneon title...

Funi licensed a Tenchi title.
2 Tenchi titles, in fact-the GXP & Sammi ones, wasn't it?
The Geneon titles are ancient & pretty much their glory days are in the past.

THe Ranma prices are irrelevant. They're the highly-reduced price cut version. Back when they were acrtively being released 3 eps per dvd, then collected into season sets the box sets ran something like $119 a pop
I vaguely recall buying mine for something like $65 a pop on sale for Season's 4-7. I waited & waited & waited & FINALLY Viz dropped the price to those ones you're so happy about.

Quote:
I may not have a job, but I have common sense; and that's probably more important than 'experience'.


I've managed to only be unemployed for all of 3 months since I started working after I turned 18 & that was 30 yrs ago.
Experience is worth as much or more than common sense in the workplace since common sense & what one has to do on the job don't always mesh.

Quote:
Oh, I totally understand business. It's all about making money at everyone's expense, including the customer. And if anyone tells you otherwise, they're either in denial, or they haven't actually taken a course in the field.


???
My job isn't all about making money.
Mine is all about doing what the law says has to be done.

Quote:
John O'Donnell is happy to have Suncoast die on him in such a way that he's forced to give away his excess stock at a con, because he can't even make money on it through other vendors


I have my share of CPM product, but dude, the idea they died JUST because of Musicland is totally & completely wrong. They were a nice company, but they were very, very, very outdated. Most of their titles were old &/or obscure. Yes, Musicland was a huge blow, but most fans want the hot NEW titles, not older titles.
Animated Classics of Japanese Literature?
Ayane's High Kick?
Birdy the Mighty?
Black Jack?
Lodoss?
Sohryuden?
Most of their titles were leftovers from their VHS glory days when there was hardly any competition. Don't get me wrong-I have a lot of their stuff, but there was a time a few years back I wondered if Funi, scrambling to find it's way as DBZ was winding down & licensing stuff like Blue Gender, or CPM would die first. Lots of people used to complain CPM was totally out of touch for not having any new big titles that all the kiddies wanted. They were like the mom & pop corner stores being forced out of business by the big chains like Target & Walmart.

It's as crazy as thinking ADV's problems were JUST the Sojitz deal.
Yeah, that's why we lost Newtype USA
And all those manga titles they licensed & dropped.
And their anime network
Layoffs...
Connect the dots.
They seem to indicate MAYBE ADV had itself spread a bit thinner than they should have been starting about this time last year when their deal with Geneon collapsed.
For all anyone here knows that aspect (ADV's bottom line/assets) had more to do with the Sojitz deal falling apart. Sojitz owns part of ADV so they would have had the right to know what was going on. Or maybe it all came down to the dif in cultures.
Maybe Sojitz business model & ADV's didn't mesh.

I know I sure don't see ADV's recent licensing deals as all that impressive. They're getting old catalog. They used to get the primo stuff. Yes, ADV's rebuilding, but the style suggests more someone crawling up out of a hole than a simple dispute between business partners.

Oh yeah-
Quote:
That's because they like building overpriced houses near places which tend to burn pretty easily. Even Arnie's said the state needs to re-evaluate that trend.


Last year's fire was apparently thanks to the electric company not controlling the brush under their powerlines combined with Santa Ana conditions (obscenely low humidity, high winds) & issues involving not allowing military helicopters not being licensed to fly over residential areas, but the civilian crews not being able to fly at night...

The big one here before that was some stupid hunter who got lost so he set a fire so someone could find him & it went out of control.

I really don't recall what it was all those times as a child, but I remember it seemed like the San Bernardino mountains caught fire every frigging year. Arson. Ciggies tossed from windows. Whatever.

People need to be careful for one. Don't toss that ciggie out the window. Don't play with fire. Businesses need to do what they are supposed to on weed abatement


Last edited by CCSYueh on Sun Oct 26, 2008 4:38 am; edited 1 time in total
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GATSU



Joined: 03 Jan 2002
Posts: 15366
PostPosted: Sun Oct 26, 2008 4:38 am Reply with quote
Yueh:
Quote:
I've managed to only be unemployed for all of 3 months since I started working after I turned 18 & that was 30 yrs ago. Experience is worth as much or more than common sense in the workplace


So Mike Brown was experienced? What skills did Arnie and Reagan have before running for office? Has Bush ever been financially successful without his daddy's money? Hell, I took a test for office assistant for the state, and the last interviewer was more concerned that I had too much experience, rather than whether I could actually do the job. An a-hole at a convenience store I wanted to work at cared more about how much I got paid per hour at a state college bookstore job than whether I could provide the know-how needed for his job.

Quote:
My job isn't all about making money. Mine is all about doing what the law says has to be done.


So you're a cop?

Quote:
They were a nice company, but they were very, very, very outdated. Most of their titles were old &/or obscure. Yes, Musicland was a huge blow, but most fans want the hot NEW titles, not older titles.


Kakurenbo wasn't old.

Quote:
Animated Classics of Japanese Literature?
Ayane's High Kick?
Birdy the Mighty?
Black Jack?
Lodoss?
Sohryuden?


Most of those were recent within the time-frame in which CPM was still running. In addition, the Black Jack manga made a comeback here, while Birdy has a tv remake.

Quote:
Don't get me wrong-I have a lot of their stuff, but there was a time a few years back I wondered if Funi, scrambling to find it's way as DBZ was winding down & licensing stuff like Blue Gender, or CPM would die first. Lots of people used to complain CPM was totally out of touch for not having any new big titles that all the kiddies wanted.


Kind of ironic you bring up FUNi, what with them license-rescuing Slayers and all...But I guess that's only because it's brand new. Rolling Eyes And I don't know anyone who complained about CPM's library anymore than I know anyone complaining about Animeigo licensing Yawara. Utena used to be one of the biggest effing cosplaying fads, for eff's sake! And I still saw a long line for autographs for Akemi Takada! Hell, there was even a teen fan at the AX Kikuchi panel who saw the original VHD! And the St. Seiya manga is almost finished.

If you really want me to go back, though, my local Silent Theater had a selection of Halloween-themed cartoons from the likes of Warner and Fleischer, and the place was packed with young adults! So people pulling the "age" card on why an anime doesn't sell usually have no interest in the old stuff to begin with, and probably live by whatever gets the most hits on BT and Youtube.

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It's as crazy as thinking ADV's problems were JUST the Sojitz deal. Yeah, that's why we lost Newtype USA


NewType was a different issue. It had to deal with a smaller market for periodicals. And ADV could've tossed it out, and still been in good shape, compared to the kind of crap that Sojitz gave them.

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And all those manga titles they licensed & dropped.


That was happening long before any real problems at ADV. And that was also a wise decision, since most of those titles had very few buyers. And they were newer than CPM's stuff, to boot, ironically.

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And their anime network


Again, that had to do with another shrinking market-in this case, less ad revenue from less people watching tv in general. That's also why CN dropped Toonami.

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They seem to indicate MAYBE ADV had itself spread a bit thinner than they should have been starting about this time last year when their deal with Geneon collapsed.


They were doing fine until Geneon collapsed. Like Sojitz, that company probably asked more for its library than it was probably worth, and ADV chose not to get dicked around-good for them.

Quote:
I know I sure don't see ADV's recent licensing deals as all that impressive. They're getting old catalog.


Since when is Clannad old?
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ManOfRust



Joined: 08 Jan 2006
Posts: 1935
Location: Seattle, WA
PostPosted: Sun Oct 26, 2008 4:10 pm Reply with quote
tempest wrote:
Uhhh, Sojitz isn't dead. Sojitz is a large Japanese corporation worth roughly 200 million dollars.

Just to nit-pick a bit Razz , but they are a lot bigger than that. 200 million is peanuts in the business world -- the medium sized, regional company I work for is worth more than that. I was looking at the Sojitz website, and it gives me a headache looking at their stated capitalization in hundreds of thousands of million yen and then trying to figure out where to put the decimal point after the conversion to dollars, but I think it's probably actually a few more places to the right. Just their American division has capitalization of half a billion dollars with sales of over 7 billion, and I'm sure the parent company is much larger.

Anyway, picky details aside, your point is well taken. This foray into the NA anime market was little more than a minor side project for them.

jsevakis wrote:
In the last 15 posts this thread has gone from the worst thread ever to the best thread ever.

Ah, GATSU you nut-bar. You totally brighten my day.

Indeed. This thread has provided an unusually high level of amusement value considering the amount of flat out ignorance that is being spewed out. As someone who has both run a small business and now is a manager in a larger company, it warms my heart to have all my silly pre-conceived notions of how the business world really works finally set straight. Rolling Eyes
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CCSYueh



Joined: 03 Jul 2004
Posts: 2707
Location: San Diego, CA
PostPosted: Sun Oct 26, 2008 6:54 pm Reply with quote
Quote:
What skills did Arnie and Reagan have before running for office?

No idea about Ronnie, but I voted for Arnold because he was a Republican with heavy Democrat leanings. Sadly his party managed to put a lot of pressure on him & it's all too partisan to get anything done anymore.

Quote:
Hell, I took a test for office assistant for the state, and the last interviewer was more concerned that I had too much experience, rather than whether I could actually do the job.


Sadly, everyone wants to work at government jobs for the perceived stability (Though we do our share of lay-offs). There's also favoritism & nepotism to deal with in some areas.
Basically you have to keep interviewing & interviewing unless you know someone. I waited 2 yrs & had to test twice because the first list expired before getting picked up, though I did have another job (though Montgomery Wards was dying an ugly death. I did get out before the end). My winning factor? My boss hated girls taking off due to kid issues & I had no kids & no plans for one (though I did have one 3 yrs later). Great reason to hire a telephone operator, right?
When I first came to this town I applied all over(my 3 months of unemployment) & kept getting "We only hire military or college students." One guy even told me "You're a transient. You'll be gone in 3 months" Yeah, if I couldn't find work! Actually the "too much experience" is an excuse. They have someone else in mind & want to exclude you.

Quote:
So you're a cop?


No. I've said I work enforcing court orders. My only involvement with money & my clients is reminding them they need to pay their fines.

Quote:

Quote:
They were a nice company, but they were very, very, very outdated. Most of their titles were old &/or obscure. Yes, Musicland was a huge blow, but most fans want the hot NEW titles, not older titles.



Kakurenbo wasn't old.


I SAID
Quote:
Most of their titles were old &/or obscure.


It was rather obscure.

Quote:
Most of those were recent within the time-frame in which CPM was still running. In addition, the Black Jack manga made a comeback here, while Birdy has a tv remake.


NOW
Not 5 yrs ago when CPM was still in the game. Yeah, nostalgia is a wonderful thing & god knows lots of stars make a come over such a thing, but if the company/star isn't around when the revival hits, it does them little good.
And their titles tended to be older even when they were putting them out

Quote:
Kind of ironic you bring up FUNi, what with them license-rescuing Slayers and all...But I guess that's only because it's brand new.


They said it was too important a title to allow the license to expire.
I already had the 3 sets from CPM (around $90 a pop) so I didn't care.
I saw people complaining a lot about CPM's titles during that bubble period we had where anime exploded. People would say ADV had great titles & Bandai also. Geneon always had loyal fans but were always perceived as expensive. MB & CPM always seemed to go for older titles (I always assumed because a title that had been passed over was probably cheaper). This was at least 3 yrs before Yawaru was announced.

Quote:
Utena used to be one of the biggest effing cosplaying fads, for eff's sake!


USED to be.
Everyone used to talk about Sailor Moon & Fushigi Yugi, but that's died down to basically a core audience. My teen's friends went from one hot title (Full Moon) to the next each year as the new titles were up to be downloaded.
However, the more time that passes with a title unlicensed, the more likely it seems we'll never see it licensed here which is why I was so happy Haruka & SRW made it over thanks to Bandai Visual. No one seemed to be beating down the doors of the studios that made those titles. Hells bells, I always heard SRW COULDN'T be licensed due to the copyright issues.

Quote:
They were doing fine until Geneon collapsed.


...
I thought it was Geneon's owners in Japan decided to close up their American office & were looking for an American partner & talks were proceeding but suddenly ADV dropped poor Geneon like a hot potato when their drop dead date given them by Dentsu was minutes away so that's why we ended up where we did.
Basically Geneon picked the wrong partner.

Actually I seem to recall ADV & Geneon USA seemed to do lay-offs about the same time at least twice. One was like 3-4 yrs ago about the time ADV dropped all those titles.

But as I said, all the stuff together suggested when ADV looked at their bottom line while planning to sign the Geneon deal, they realized their bottom line wasn't all that pretty. I don't mean them ill or anything, but I'm just saying there are issues going on that have forced ADV to back down & take it easy.

I could give a rat's rear about Clannad, by the by. Whee! They got 1 new fanservice title. Most of the titles announced in that last bunch were rescues which also suggests CHEAPER TO LICENSE.
Just a couple yrs back it was ADV passing on their old VHS catalog.
Maybe they'll put out that Go Nagai set they sacked. I only wanted it for the cross-dress title which has seen renewed interest (a live-action movie, wasn't it?). ADV could cash in on that, right?
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GATSU



Joined: 03 Jan 2002
Posts: 15366
PostPosted: Sun Oct 26, 2008 7:53 pm Reply with quote
CCS:
Quote:
No idea about Ronnie, but I voted for Arnold because he was a Republican with heavy Democrat leanings.


But he hasn't done anything which leans Democratic, except acknowledge global warming. But political views still =/= experience.
And since there were hundreds of candidates running that year, why did you really choose to pick him?

Quote:

Sadly, everyone wants to work at government jobs for the perceived stability (Though we do our share of lay-offs).


You can't easily get fired from this job, though, if you make it past the first six months.

Quote:
There's also favoritism & nepotism to deal with in some areas. Basically you have to keep interviewing & interviewing unless you know someone.


Thus invalidating your argument about experience.

Quote:
No. I've said I work enforcing court orders.


So you're Seth Rogen in Pineapple Express? Wink

Quote:
NOW
Not 5 yrs ago when CPM was still in the game.


When CPM was still in the game, they were releasing even more old-school titles, including Tezuka. The only ones which really died out were the ones which had bad marketing. But there are a quite a few making a comeback. [I.E. Mamotte Shugogetten, Slam Dunk, etc.]

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They said it was too important a title to allow the license to expire.


If it's that important, then that means it was profitable, or potentially profitable, in spite of its age.

Quote:
ADV had great titles & Bandai also. Geneon always had loyal fans but were always perceived as expensive. MB & CPM always seemed to go for older titles (I always assumed because a title that had been passed over was probably cheaper). This was at least 3 yrs before Yawaru was announced.


Well, since then, ADV put out Macross, Bandai put out the remake of To Terra, and MB put out Voltron.

Quote:
USED to be.
Everyone used to talk about Sailor Moon & Fushigi Yugi, but that's died down to basically a core audience. My teen's friends went from one hot title (Full Moon) to the next each year as the new titles were up to be downloaded.


Viz just put out an FY manga sequel, and is re-releasing the original next year! And that live-action SM show probably got the most fansubs and BT'ing of any recent non-shonen show.

Quote:
However, the more time that passes with a title unlicensed, the more likely it seems we'll never see it licensed here which is why I was so happy Haruka & SRW made it over thanks to Bandai Visual. No one seemed to be beating down the doors of the studios that made those titles.


Haruka would have happened eventually, given that Viz is publishing the manga. And if the Disgaea anime got licensed, there's always a possibility for SRW.

Quote:
I thought it was Geneon's owners in Japan decided to close up their American office & were looking for an American partner & talks were proceeding but suddenly ADV dropped poor Geneon like a hot potato when their drop dead date given them by Dentsu was minutes away so that's why we ended up where we did.
Basically Geneon picked the wrong partner.


Last time I checked, ADV put out a press release, and then Geneon bailed out on them.

Quote:
But as I said, all the stuff together suggested when ADV looked at their bottom line while planning to sign the Geneon deal, they realized their bottom line wasn't all that pretty.


Considering what Geneon charges for its shows, it was probably the reverse of the situation you described.

Quote:
Most of the titles announced in that last bunch were rescues which also suggests CHEAPER TO LICENSE.


MB and FUNi have a lot of license-rescues, and no one thinks badly of them for it.
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