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NEWS: Appleseed Films' Micott & Basara Files for Bankruptcy




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DmonHiro



Joined: 06 Jan 2007
Posts: 3278
PostPosted: Tue Apr 26, 2011 4:00 am Reply with quote
Meh... they weren't that good anyway. Competition's harsh, only the best remain.
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Ermat_46



Joined: 14 Apr 2008
Posts: 469
Location: Philippines
PostPosted: Tue Apr 26, 2011 4:16 am Reply with quote
Quote:
"However, the project was suspended at the studio Radix mobanimation, and Radix sued Micott & Basara over production costs. (Micott & Basara counter-sued Radix for restitution and compensation.) "


Q4E
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ikillchicken



Joined: 12 Feb 2007
Posts: 7271
Location: Vancouver
PostPosted: Tue Apr 26, 2011 4:36 am Reply with quote
Kinda sounds like these guys don't know how to manage their budget.

Anyhow, I wonder what this means for XIII. If it's still in production I assume it will be cancelled. Otherwise, I don't know.
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Tenebrae



Joined: 26 Apr 2008
Posts: 412
PostPosted: Tue Apr 26, 2011 8:44 am Reply with quote
Somehow this is not a surprise - their Appleseed films were both rather dire, I doubt they made a lot of profit on them... if at all, as the bankruptcy suggests.
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mix303



Joined: 03 Apr 2008
Posts: 65
Location: Alberta Canada
PostPosted: Tue Apr 26, 2011 2:52 pm Reply with quote
Well I admire the work put into both the Appleseed Movies for CGI/Animation. But When you don't keep track of your companys situation sends you to your own downfall and it happens.
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Teriyaki Terrier



Joined: 26 Mar 2008
Posts: 5689
PostPosted: Tue Apr 26, 2011 4:21 pm Reply with quote
If there is one vital skill any person in any business, it's learning to keep a business on a strict budget. It may be the most exciting or "cool" skill to have, but it's what you either keep your business running well or being forced to shut down due to debts.

You would think more CEO's would keep better track of their spending budget, but I guess not with some companies.

There truly is no such item such as free lunch and everything costs money. With some people, it takes a long time to learn that and with others they learn it way too late in the game.

But I was never even the slightest bit interested in Appleseed, so this news really doesn't affect me.
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mix303



Joined: 03 Apr 2008
Posts: 65
Location: Alberta Canada
PostPosted: Tue Apr 26, 2011 6:30 pm Reply with quote
Teriyaki Terrier wrote:
If there is one vital skill any person in any business, it's learning to keep a business on a strict budget. It may be the most exciting or "cool" skill to have, but it's what you either keep your business running well or being forced to shut down due to debts.

You would think more CEO's would keep better track of their spending budget, but I guess not with some companies.

There truly is no such item such as free lunch and everything costs money. With some people, it takes a long time to learn that and with others they learn it way too late in the game.

But I was never even the slightest bit interested in Appleseed, so this news really doesn't affect me.


Yeah true sort of the same situation in a way with Stu CEO shuting down tokyopop In the Usa in LA. But from mostly from listening from the last ANN podcast Stu was just making crap excuses, & poor company decisions which was brought up on one of the topic's.
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GhostShell



Joined: 25 Jan 2011
Posts: 1009
Location: Richmond, B.C., Canada
PostPosted: Tue Apr 26, 2011 8:17 pm Reply with quote
ANN wrote:
Quote:
The animeanime.biz website reports that Appleseed XIII may continue production under a new future arrangement.


As Appleseed XIII was to be released in June, I personally hope that this project is able to be completed, seeing that it would have been so far along in production. As a fan of the CG Appleseed movies, I was looking forward to the thirteen episode series.
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grooven



Joined: 16 Aug 2006
Posts: 1338
Location: Canada
PostPosted: Tue Apr 26, 2011 11:52 pm Reply with quote
And Appleseed delayed again Anime hyper wonder if 3 times >.>
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enurtsol



Joined: 01 May 2007
Posts: 13750
PostPosted: Wed Apr 27, 2011 1:29 am Reply with quote
Like the situation with Geneon USA. Don't spend more than you can afford - all those expensive high production values won't save you. Laughing
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The Nagabuchi



Joined: 18 Apr 2007
Posts: 103
PostPosted: Wed Apr 27, 2011 3:22 am Reply with quote
Damn, I was hoping to see this at the cinema in June too... I hope they had the first film compilation finished, although somehow I doubt it...
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