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

The Yomiuri Shimbun
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.

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.

Yomiuri Shimbun file photo
The Ghbibli Museum in Mitaka, Tokyo
Japan News file photo
Visitors take pictures in front of Totoro on display at the Ghibli Museum in Mitaka, Tokyo.