News
New Company to Export Anime, Other Content Overseas (Updated)
posted on by Egan Loo
Innovation Network Corporation of Japan (INCJ), a t investment fund between the Japanese government and the private sector, establish a new company to handle the overseas planning and development of anime, films, and other Japanese content.
The All Nippon Entertainment Works will be established this October with 6 billion yen ($80 million), 100% of which will be invested by INCJ. The new company will have offices in Tokyo and Los Angeles, and one of its specific goals will be to attract interest for adapting Japanese content into films in Hollywood. According to the INCJ, "experts with the proven track record and hands-on expertise in both Hollywood and the Japanese contents community will be brought on board."
The collaborating partners include the anime studio Tomy. The Japanese government expects more partners to .
Last month the INCJ revealed it was setting up a new company to plan and produce Japanese anime and films, then distribute them internationally. However, INCJ had said then it was investing 5 billion yen ($63.48 million) in the project. The INCJ also revealed then it was aiming to produce about 10 box-office hits in its first five years.
Update: More background information added.
Source: Yomiuri
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