You will be redirected back to your article in seconds

Studio draws buyers

Miyazaki group to take toon house Ghibli

TOKYO — Helmer Hayao Miyazaki is among a group buying out Studio Ghibli from Tokuma Shoten Publishing Co. The studio is responsible for Japan’s biggest animated hits, including the director’s “Spirited Away.”

Ghibli’s top producer Toshio Suzuki, Miyazaki and other key personnel have already established an independent company with a market capitalization of ¥10 million ($96,000) and are working on the financing to buy out the rights to all past Ghibli productions. Amount needed is estimated at $96 million-$144 million.

Suzuki, director Isao Takahata and Miyazaki, who also directed the box office hit “Hauru no Ugoku Shiro” (Howl’s Moving Castle), will be on the board.

Potential financing partners are the traditional investors in Ghibli films — Toho Co., Nippon Television Network and the advertising giant Dentsu, among others. Given Ghibli’s track record, financing the deal is not expected to be a problem.

The new company will be based in Tokyo.

Studio Ghibli was established as a subsidiary of Tokuma in 1985 and absorbed into the parent company as a division 12 years later during a financial crunch at Tokuma.

Ghibli’s sale is a windfall for Tokuma. The financially strapped company is expected to make a modest profit at the end of the fiscal year (March 31) after years in trouble thanks to a revitalization plan put together by Sumitomo Mitsui Banking Corp.

More Digital

  • Jonathan Friedland Netflix

    Netflix Comms Chief Jonathan Friedland Out Over Insensitive Comments

    TOKYO — Helmer Hayao Miyazaki is among a group buying out Studio Ghibli from Tokuma Shoten Publishing Co. The studio is responsible for Japan’s biggest animated hits, including the director’s “Spirited Away.” Ghibli’s top producer Toshio Suzuki, Miyazaki and other key personnel have already established an independent company with a market capitalization of ¥10 million […]

  • 2018 FIFA World Cup

    Fox Sports App Sees Big Lift From World Cup

    TOKYO — Helmer Hayao Miyazaki is among a group buying out Studio Ghibli from Tokuma Shoten Publishing Co. The studio is responsible for Japan’s biggest animated hits, including the director’s “Spirited Away.” Ghibli’s top producer Toshio Suzuki, Miyazaki and other key personnel have already established an independent company with a market capitalization of ¥10 million […]

  • Uber Sexual Harassment

    Self-Driving Uber Pilot Was Watching Hulu Before Deadly Crash

    TOKYO — Helmer Hayao Miyazaki is among a group buying out Studio Ghibli from Tokuma Shoten Publishing Co. The studio is responsible for Japan’s biggest animated hits, including the director’s “Spirited Away.” Ghibli’s top producer Toshio Suzuki, Miyazaki and other key personnel have already established an independent company with a market capitalization of ¥10 million […]

  • vice_logo

    New Staff Shakeup as Vice Restructures Its U.K./EMEA Studios, TV Operations (EXCLUSIVE)

    TOKYO — Helmer Hayao Miyazaki is among a group buying out Studio Ghibli from Tokuma Shoten Publishing Co. The studio is responsible for Japan’s biggest animated hits, including the director’s “Spirited Away.” Ghibli’s top producer Toshio Suzuki, Miyazaki and other key personnel have already established an independent company with a market capitalization of ¥10 million […]

  • Jen Ruggirello

    Vidcon 2018 Showcases Diverse Voices, Creators of Color

    TOKYO — Helmer Hayao Miyazaki is among a group buying out Studio Ghibli from Tokuma Shoten Publishing Co. The studio is responsible for Japan’s biggest animated hits, including the director’s “Spirited Away.” Ghibli’s top producer Toshio Suzuki, Miyazaki and other key personnel have already established an independent company with a market capitalization of ¥10 million […]

  • lucas the spider - youtube

    YouTube Creators Getting New Options for Paid Memberships, Merch Sales, Video Premieres

    TOKYO — Helmer Hayao Miyazaki is among a group buying out Studio Ghibli from Tokuma Shoten Publishing Co. The studio is responsible for Japan’s biggest animated hits, including the director’s “Spirited Away.” Ghibli’s top producer Toshio Suzuki, Miyazaki and other key personnel have already established an independent company with a market capitalization of ¥10 million […]

  • VidCon

    Vidcon Attracts More Traditional Media as Online Video Matures, Becomes More Lucrative

    TOKYO — Helmer Hayao Miyazaki is among a group buying out Studio Ghibli from Tokuma Shoten Publishing Co. The studio is responsible for Japan’s biggest animated hits, including the director’s “Spirited Away.” Ghibli’s top producer Toshio Suzuki, Miyazaki and other key personnel have already established an independent company with a market capitalization of ¥10 million […]

More From Our Brands

Access exclusive content