According to MyCom Journal, Japanese major TV company Nihon TV has acquired all the one billion yen of the new stock shares of Madhouse Studios
and incorporated the studio as its subsidiary. The former parent company Index Holdings will concentrate their resources on mobile games.
Madhouse Studios has been in financial difficulty since the Lehman Shock in 2008 and having a deficit in two consecutive quarters. The studio's third-quarter deficit in 2010 was two billion yen. Nihon TV will send managing directors to Madhouse and reconstruct the studio using their content management tactics.
Sources: MyCom Journal
, IR of Nihon TV