'Fragtime' Producer Tear Studio to File for Bankruptcy
The news was released on Monday by Tokyo Shoko Research, a long-standing credit reporting agency in Japan, and comes about a week after tweets surfaced about Tear Studio's failure to pay its animators. Around this time, Tear Studio deleted its official Twitter account and removed contact and recruiting info from its official website. On December 10, the official website for the anime film Fragtime published a notice indicating that they had been unable to make contact with the studio. Next Batter's Circle owes roughly 43 million yen (approximately US$392,500), 8 million yen (approximately US$73,000) of which is believed to be owed to about 50 animators.
Founded in 2013, Next Batter's Circle began producing anime in 2018 under the name Tear Studio, debuting with Lord of Vermilion: Guren no Ou—co-produced with Asread—in July of that year. Tear Studio would later produce the Spring 2019 ecchi comedy Nande Koko ni Sensei ga!? and the aforementioned Fragtime, which premiered in Japan on November 22.
Source: IT Media, Tokyo Shoko Research
19 Comments Recent Comments
Dec 19, 2019 9:52 AM by Slarkero
Dec 18, 2019 9:52 AM by cythraul
Dec 18, 2019 8:26 AM by Raibyou
Dec 18, 2019 7:01 AM by huntress1013
Dec 18, 2019 6:43 AM by VyseLegendaire
Filing bankruptcy usually means they do not have any funds to continue functioning, which means termination of the company, not more no less... But the employees theoretically can take them to the court and have the court order to seize company property in favour of the victims (the employees). No idea how Japanese courts operate in such cases, but the more public outrage the bigger the chances people will get paid for their filthy drawings.
For example in U.S.A. a special court would first have to determine that the bankruptcy was filed with an aim to avoid fulfilling obligations towards employees as well, e.g. deliberately avoiding paying wages.
That one guy who reported this matter first said that he plans to get a lawyer and sue the company, so it works in Japan also.
Going to be a hard one for the judge.
Dec 17, 2019 4:18 PM by Daniel_Naumov
so will they pay their animators? or filing for bankruptcy excuse them on doing that?
Filing bankruptcy usually means they do not have any funds to continue functioning, which means termination of the company, not more no less... But the employees theoretically can take them to the court and have the court order to seize company property in favour of the victims (the employees). No idea how Japanese courts operate in such cases, but the more public outrage the bigger the chances people will get paid for their filthy drawings.
For example in U.S.A. a special court would first have to determine that the bankruptcy was filed with an aim to avoid fulfilling obligations towards employees as well, e.g. deliberately avoiding paying wages.
That one guy who reported this matter first said that he plans to get a lawyer and sue the company, so it works in Japan also.
Dec 17, 2019 4:16 PM by Nachtwandler_21
so will they pay their animators? or filing for bankruptcy excuse them on doing that?
Filing bankruptcy usually means they do not have any funds to continue functioning, which means termination of the company, not more no less... But the employees theoretically can take them to the court and have the court order to seize company property in favour of the victims (the employees). No idea how Japanese courts operate in such cases, but the more public outrage the bigger the chances people will get paid for their filthy drawings.
For example in U.S.A. a special court would first have to determine that the bankruptcy was filed with an aim to avoid fulfilling obligations towards employees as well, e.g. deliberately avoiding paying wages.
Dec 17, 2019 1:59 PM by Daniel_Naumov
Dec 17, 2019 1:01 PM by Vaylard
So this means no Fragtime for west right?
AS if it wasn't enough that we don't get to see good Shoujo-Ai/Yuri anime. Now this happens -_-
everything is a disaster to us, with the few anime yuri and shoujo ai that comes out, and this happens T_T
Dec 17, 2019 11:04 AM by Rosary_Diva
Dec 17, 2019 9:28 AM by Miragee
AS if it wasn't enough that we don't get to see good Shoujo-Ai/Yuri anime. Now this happens -_-
Dec 17, 2019 6:54 AM by Veromaye
Dec 17, 2019 6:42 AM by Suicide_Chef
Dec 17, 2019 4:52 AM by deg
Dec 17, 2019 3:47 AM by KitsuYurikano
Sounds like a natural phenomenon to me. Called "Speed and friction".
Dec 17, 2019 3:23 AM by Daniel_Naumov
Dec 16, 2019 11:35 PM by NG_Chloe
Dec 16, 2019 9:15 PM by ImperfectBlue
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