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Nippon TV Acquires Studio Ghibli as Subsidiary

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Sep 21, 2023 11:46 PM
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Overkilled Red

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Nippon Television Holdings Inc. announced on Thursday that its consolidated subsidiary Nippon Television Network (Nippon TV) has reached an agreement to make Studio Ghibli its subsidiary. The company will acquire 42.3 percent of the shares from multiple individual shareholders based on voting rights, effective October 6, 2023.

In this transition, Hiroyuki Fukuda, a senior operating officer and board director at Nippon TV, is anticipated to assume the role of Studio Ghibli's new president. Concurrently, Toshio Suzuki, the current president and co-founder of the esteemed animation studio, will undertake the position of representative director and chairman of the board. Hayao Miyazaki will transition to the role of chairman emeritus, while his eldest son, Gorou Miyazaki, will serve as the managing director.

The management of Studio Ghibli, in its new configuration, will be overseen by eight board directors, including the aforementioned key figures. Nippon TV's influence will be reflected through the appointment of two additional directors and an auditor. This strategic transition is slated for formal ratification during a special shareholders meeting scheduled for October 30, 2023. Although specific details regarding the acquisition price have not been publicly disclosed, Nippon TV affirms its commitment to supporting Studio Ghibli's management, allowing the studio to concentrate on its anime production endeavors.

Toshio Suzuki, in a press conference on Thursday, emphasized the rationale behind this development, stating, "Ghibli has become too substantial for one individual to manage effectively. We believe the involvement of a substantial corporate entity, rather than an individual, is crucial for its continued success." Concurrently, Yoshikuni Sugiyama, chairman of Nippon Television Holdings, echoed this sentiment, expressing a deep regard for Studio Ghibli's significance as a premier animation company in Japan. The objective is to honor and maintain the prevailing production processes as much as possible.

The succession plan at Studio Ghibli has been a subject of prolonged consideration and discussion between the co-founders, Miyazaki (82) and Suzuki (75). Miyazaki's son declined the role, citing the complexity of single-handedly managing Ghibli and the belief that the future of the company would be better steered by others.

Source: Press Release, Nikkei, Reuters Japan

Sep 22, 2023 12:33 AM
#2

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Sep 2020
5350
So studio Ghibli will keep on making more movies 🤩
Sep 22, 2023 1:57 AM
#3

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Oct 2017
27300
Not really a fan of their works so whatever.
Sep 22, 2023 2:21 AM
#4

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Sep 2020
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@Melocthal I think they have learned there lessons after animating Earwig and the Witch. That anime got negative reception both by the critics and general audience. I don't think they will make anymore CGI anime unless it's for experiment.
Sep 22, 2023 10:15 AM
#5

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Jul 2015
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I am not sure if I should be happy or sad about it. I guess this might detriment their distinctive production.
Sep 22, 2023 11:00 AM
#6

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Jan 2010
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Yep heard about this on ANN. I'm not sure if this will be good or bad for Ghibli's future.

BreakApart said:
I am not sure if I should be happy or sad about it. I guess this might detriment their distinctive production.


I can say the same here, I hope Nippon TV won't devalue Ghibli by making them doing something that goes against Ghibli's vision.

Sep 22, 2023 12:24 PM
#7

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Feb 2020
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Don't know what that will mean in practice but I love both studios so sounds good to me.
Sep 22, 2023 12:46 PM
#8

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Oct 2013
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Interesting. I'm not a huge fan of Studio Ghibli, but their role in the industry is truly iconic. Perhaps Nippon TV acquiring Studio Ghibl will result in producing even more movies? We will see.

I see it as something rather positive, because it'd be really upsetting to see Studio Ghibli becoming "a tale of the past" once Hayao Miyazaki retires.
Sep 22, 2023 12:48 PM
#9

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Feb 2021
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Not interested as I don't like Ghibli works. They are all the same for me sadly.
Sep 22, 2023 3:32 PM

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Aug 2010
2952
Um, wow. It's too soon to know the ramifications of this, but hopefully it leads to good things.
Bum Bum Dum Dum

Sep 22, 2023 7:46 PM

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May 2008
2310
I hope this isn't a bad thing.

This is like how Microsoft is trying to buy Nintendo...and that will only lead to bad things.

Sep 22, 2023 8:07 PM

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Jan 2021
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Reply to mazuchi
Don't know what that will mean in practice but I love both studios so sounds good to me.
mazuchi said:
Don't know what that will mean in practice but I love both studios so sounds good to me.
Nippon TV isn't an anime studio.
Sep 22, 2023 9:59 PM

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Sep 2013
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Deja vu...



Anyway, I don't think the studio gonna be the same without Miyazaki. And they were never able to find a decent successor thanks to Miyazaki's stubbornness.
Sep 22, 2023 11:31 PM

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Reply to Ionliosite2
mazuchi said:
Don't know what that will mean in practice but I love both studios so sounds good to me.
Nippon TV isn't an anime studio.
@Ionliosite2 Oh damn I saw Nippon and immediately thought of Nippon Animation, which also would've made sense because of Miyazaki and Takahata directing some anime there. I was already fantasizing about new World Masterpiece Theaters, RIP...
Sep 23, 2023 3:26 AM

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https://twitter.com/catsuka/status/1705491155616510427

Producer Toshio Suzuki declared that it was possible that Studio Ghibli would produce animated series in the future (the studio is now owned by Nippon Television).
Sep 23, 2023 1:52 PM

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Apr 2009
955
It's been many years since Ghibli last made a good movie anyway, so quite whatever.
Sep 25, 2023 2:09 PM

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The same company who owns Madhouse, also the same company that owns the tv station and anime producer "BS NTV"
Feb 16, 11:26 PM
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Sep 2021
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Reply to Memore
Not interested as I don't like Ghibli works. They are all the same for me sadly.
@Memore
Why don't you like the anime films produced by Ghibli and what do you think that they all look the same?
Feb 16, 11:28 PM
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Sep 2021
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Why did Studio Ghibli stop producing anime in 2001 and not producing anime until now? What must have been the reason? Because for me, for example, two films were well made: Momosuke
Feb 17, 7:20 AM

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Reply to Legolas301
@Memore
Why don't you like the anime films produced by Ghibli and what do you think that they all look the same?
@Legolas301, it is my opinion, because characters design is the same in them.
May 10, 9:36 AM
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Apr 2018
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Great news, if only because I thought Disney bought this studio ages ago and anything they touch now gets destroyed.

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