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

The Yomiuri Shimbun

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.