‘Totoro’ Anime Maker Studio Ghibli to Become Subsidiary of Yomiuri Shimbun Affiliated Network Nippon TV (Update 1)

Studio Ghibli Inc. President Toshio Suzuki, left, and Nippon Television Network Corp. Chairman Yoshikuni Sugiyama shake hands at a press conference in Koganei, Tokyo, on Thursday.
16:11 JST, September 21, 2023 (updated at 17:45 JST)
Studio Ghibli Inc., the major animation production company behind global hits from “My Neighbor Totoro” to “Spirited Away,” will become a subsidiary of Nippon TV, Nippon Television Holdings, Inc. announced Thursday.
Nippon Television Network Corp., an affiliate of The Yomiuri Shimbun, will acquire shares that will give Nippon TV a 42.3% stake of the voting rights in Studio Ghibli on Oct. 6.
“Supporting this world-class studio will contribute to enhancing the corporate value of the Nippon TV group as a whole,” the holding company said in a statement.
Nippon TV has a long history of broadcasting Ghibli productions, including the first television broadcast of “Nausicaa of the Valley of the Wind” in 1985.

The Ghbibli Museum in Mitaka, Tokyo

Visitors take pictures in front of Totoro on display at the Ghibli Museum in Mitaka, Tokyo.
"Business" POPULAR ARTICLE
-
Rice Prices Rise for 15th Straight Week, with Releases of Stockpiled Rice Slow to Circulate
-
U.S. Tariffs to Deal Serious Blow to Asia’s Emerging Economies; Firms with Production Bases in Southeast Asia May Be Forced to Restructure
-
Groundbreaking Ceremony Held for Japan’s 1st Casino Resort; Site Set to Open in Fall of 2030
-
Stock Prices Swing: Red and Blue Change Places Daily in Tokyo
-
Trump Aims to ‘Shock and Awe’ with Tariff Policy; Japanese Business Leader Examines U.S. Moves
JN ACCESS RANKING