Bandai Visual to Undergo Restructuring

posted on 2007-02-02 19:11 EST
Bandai Visual has announced that in order to better meet the goals set forth by their mid-year business plans, the company will be restructured. The restructuring is also part of a business plan that calls for expanded operations in international markets and development of next-generation DVDs. No announcement was made regarding whether Bandai intends to focus on Blu Ray, HD DVD or any other available format for next generation DVDs.

Some of the changes that will be made include having 3 production groups instead of 4 and a more concentrated marketing and promotions team. Changes announced for Bandai's international divisions include expansion of the Licensing Division, Next-Generation DVD Production, and Packaging operations. However, Bandai's international Production Group will be abolished as part of the restructuring.

Source: Anime!Anime!

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