Bandai Entertainment Shutting Down Distribution


dc20willsave

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Bandai Entertainment to Stop Releasing New DVDs, BDs, Manga

posted on 2012-01-02 10:00 EST

Bandai Entertainment, the subsidiary of Namco Bandai Holdings (USA) that handles anime and manga in North America, will stop offering new DVD, Blu-ray Disc, and manga releases next month. It will continue to distribute in its existing catalog lineup, but it will no longer produce and distribute new releases as of this February.

Instead, Bandai Entertainment will focus on licensing rights to other companies, particularly in digital distribution, broadcast, and merchandising. The company will be restructured as a result, and most of its contractors and three of its five fulltime staff members will be laid off. ANN will publish an interview with Bandai Entertainment President and CEO Ken Iyadomi on Tuesday.

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Huh. Didn't Bandai have a tendency to do the hugely expensive releases (for some reason I remember $90 for some Gundam release)? If that's the case, I'm not surprised they went under.

Either way, we're one step closer to a Funimation monopoly.

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Bandai Japan had some shitty business practices. Among those was forcing the American branch to bid on properties despite the fact that they weren't going to let anyone else release Gundam. Hence, they had to sell them for more to break even.

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