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Anime Studio Gainax Files for Bankruptcy
(www.animenewsnetwork.com)
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this post was submitted on 07 Jun 2024
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Every new season comes with 50 new and continuing animes releases. This bubble has been threating to pop for awhile now.
Reading through the article, it seems like this case can be chalked up to (likely) criminal mismanagement. I mean...giving huge unsecured loans to company executives while at the same time not paying the royalties you owe to other production committee members. It just sounds like embezzlement with extra steps.