Bandai Entertainment to Stop Production and Distribution of New Releases

[iDeja]

According to their official site, Bandai Entertainment's online store closed on December 29, and now the subsidiary of Namco Bandai Holdings will be ceasing production and distribution of new products. Starting in February, Bandai Entertainment will no longer offer new DVD, Blu-ray, and manga releases.

While there will be no new products emerging, Bandai Entertainment will continue to offer existing releases from its catalog after February and plans to produce new stock if needed until licenses expire. Below is a list of cancelled releases:

Anime:
Gosick
Nichijou
Turn a Gundam

Manga:
Code Geass: Shikkoku no Renya
Gurren Lagann volume 7
Kannagi volumes 4-6
Lucky Star Boo Boo Kagaboo (spinoff by Eretto)
Mobile Suit Gundam 00I
Tales of the Abyss: Tsuioku no Jade volumes 1 and 2



Source: Bandai Entertainment to Stop Production and Distribution of New Releases - Forums - MyAnimeList.net

[Des san]

Any idea why this is happening? I'm not familiar with their financial situation and such.

[naitsirk0]

Maybe because they fail with localising anything decent, so now they can't localise anything at all.

[iDeja]

Originally Posted by Des san

Any idea why this is happening? I'm not familiar with their financial situation and such.

update: 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.