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NEWS: Animation Studio drop Files for Bankruptcy




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Escaflowne2001



Joined: 29 Jul 2006
Posts: 388
PostPosted: Sat Sep 01, 2018 4:59 am Reply with quote
They survived for years doing work assistance and really it seems like they should have carried on with that path. As they started doing there own anime as the lead they go bankrupt. They didn't have much of a budget, Clione was actually decent enough but the budget was so low. Don't even remember the other two.
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青白



Joined: 30 May 2012
Posts: 183
PostPosted: Sat Sep 01, 2018 7:08 am Reply with quote
Hahahaha studio drop!! The name!
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Paulo27



Joined: 22 Jan 2015
Posts: 394
PostPosted: Sat Sep 01, 2018 7:19 am Reply with quote
So they didn't actually go bankrupt, just saw that they weren't going to make much profit going forward and instead of just closing they filed for bankruptcy?
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configspace



Joined: 16 Aug 2008
Posts: 3681
PostPosted: Sat Sep 01, 2018 8:26 am Reply with quote
Paulo27 wrote:
So they didn't actually go bankrupt, just saw that they weren't going to make much profit going forward and instead of just closing they filed for bankruptcy?

sluggish profit just means that the revenue covered the costs for the projects (i.e. employees/contractors) but they still have outstanding debt they haven't paid off:
Quote:
An investigation is underway to determine the company's debt.
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CatSword



Joined: 01 Jul 2014
Posts: 1238
PostPosted: Sat Sep 01, 2018 12:52 pm Reply with quote
They did animation work on some pretty good stuff for many years, but Glamorous Heroes is one of the worst anime I've ever seen. They should've stuck to in-between animation/"cooperation".
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nargun



Joined: 29 Mar 2006
Posts: 708
PostPosted: Sat Sep 01, 2018 6:45 pm Reply with quote
Escaflowne2001 wrote:
They survived for years doing work assistance and really it seems like they should have carried on with that path. As they started doing there own anime as the lead they go bankrupt. They didn't have much of a budget, Clione was actually decent enough but the budget was so low. Don't even remember the other two.


The causation may be the other way around: going into original production because the external work wasn't coming in and it's better than having your staff root around on facebook all day.
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Mistaken



Joined: 17 Jun 2018
Posts: 71
PostPosted: Sat Sep 01, 2018 6:47 pm Reply with quote
not surprised at all. this pathetic niche is dying.
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Narutofreak1412



Joined: 22 Feb 2015
Posts: 249
PostPosted: Sun Sep 09, 2018 4:03 am Reply with quote
Oh, I know them mainly from Naruto Shippuuden, they did entire episodes every bunch of weeks.
The quality of their work varied, but it was better than some of the other outsourced studios. Especially under director Yamashita in the Boruto anime, they managed to maintain a more consistent quality.
Pierrot and Pierrot + worked together with them since a long time, I hope Pierrot will take their employees in.
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Philmister978



Joined: 12 Jun 2011
Posts: 140
PostPosted: Fri Sep 14, 2018 5:04 am Reply with quote
Escaflowne2001 wrote:
They survived for years doing work assistance and really it seems like they should have carried on with that path. As they started doing there own anime as the lead they go bankrupt. They didn't have much of a budget, Clione was actually decent enough but the budget was so low. Don't even remember the other two.

The problem is that in this day and age, everyone's outsourcing, from relative newcomers like R.I.C and Jumondo, to vets like Anime R and Asahi Production. Heck, look at an anime these days and you're about as likely to see Bones or White Fox providing inbetweening and other menial tasks as much as any of those other subcontractors.

drop would have had maybe 1-2 years left if they kept on subcontracting, so it was inevitably going to happen anyway.
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