Toei to acquire joint venture

Animation house to buy shares in subsidy

Toei Animation, Japan’s biggest toon production house, will turn its Hong Kong joint venture into a wholly owned subsidiary, the company has announced.

Toei will buy the shares in the subsid, Toei Animation Enterprises, from its local partner, Animation Intl., a Hong Kong-based contents production company.

More Japanese toon companies are expanding their presence in China. On Friday Jan. 23, Tokyo-based toon house GHD will begin beaming toons in China via the Internet and TV in association with Chungwha Telecom. Called Gonzo Channel, the new toon specialty channel will offer GDH-produced toons with Chinese subtitles.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Film News from Variety

Loading