News
Anime Sols Must Sell All Remaining DVDs or Destroy Them
posted on by Daryl Lee Hale
The defunct video streaming and crowdfunding platform Anime Sols announced on Facebook on Thursday that all of its remaining stock of DVDs must be sold by the end of June. The company commented on the post that anything unsold will be destroyed.
Anime Sols explained why it plans to destroy unsold product:
Because the LLP partnership will disappear and any remaining stock would be counted as capital that would have to be split up among the partners, counted as 'income' and thus taxable. In order to avoid that significant cost to the partners we will destroy them beforehand.
The company officially closed on May 1, after announcing its plans to shut down in April.
Japan's Yomiuri Group joined forces with anime studios Pierrot, Tezuka Productions, and Tatsunoko Productions to launch Anime Sols in North America in November 2012. Its titles include such Osamu Tezuka anime as One-Million Year Trip: Bander Book, Black Jack and Aoi Blink, as well as Tatsunoko Productions anime series such as Yatterman (both the original 1977 series and its 2008 remake) and Tekkaman.
Anime Sols also launched successful crowdfunding campaigns to release the television anime Dear Brother, Magical Angel Creamy Mami, and part of Black Jack. TV anime series on DVD, and attempted similar campaigns for anime such as The File of Young Kindaichi Returns television anime series.
Thanks to Liz Barillas for the news tip.
