GONZO gets bailed out
If you remember back to July, I posted on how GDH, the parent holdings company of the Gonzo anime studio, was given a one-year grace period before removal from Tokyo Stock Exchange. Well, according to REUTERS News, GDH will gain 1.9 billion yen ($17.5 million) by the allocation of new shares to a third party, Iwakaze Capital.
How they managed to swindle Iwakaze Capital into buying their shares will never be known. Perhaps, they showed them pantsu shots of Lucchini. Whatever the reason, Iwakaze will hold 82% of the stocks of GDH. This increase of capital saves GDH from being in a financial crisis, but the new managers sent from Iwakaze Capital will greatly affect the policy on GDH anime business.
As a result, the GDH president Ishikawa Shin-ichiro will take the responsibility of the failed management by resigning, and Karasawa Tetsuo will take over the position as COO from October 1st.
Source: REUTERS news
11 September, 2008 at 8:11 pm
Hey, maybe we’ll see some proper work done at last, considering maybe the new guys will be more savvy and less steeped in industry tradition.
11 September, 2008 at 9:48 pm
Iwakaze WUT?
I thought the Arabs baioled them out :V
12 September, 2008 at 12:18 am
@tj han: It will be pretty sad if managers from a capital investment company produces better anime.
@drmchsr0: Arabs? what Arabs?
30 September, 2008 at 3:40 pm
From waist up, the girl in the image is pretty