Bandai Entertainment to Stop Releasing New DVDs, BDs, Manga

[TrueElements]

[Didn't see if posted anywhere else, sorry if so]

Bandai Entertainment, the subsidiary of Namco Bandai Holdings (USA) that handles anime and manga in North America, will stop offering new DVD, Blu-ray Disc, and manga releases next month. It will continue to distribute in its existing catalog lineup, but it will no longer produce and distribute new releases as of this February.

Instead, Bandai Entertainment will focus on licensing rights to other companies, particularly in digital distribution, broadcast, and merchandising. The company will be restructured as a result, and most of its contractors and three of its five fulltime staff members will be laid off. ANN will publish an interview with Bandai Entertainment President and CEO Ken Iyadomi on Tuesday.

The following releases have been cancelled:

Anime DVD/Blu-ray Disc

Gosick
Nichijō
Turn A Gundam

Manga

Code Geass: Renya (Code Geass: Shikkoku no Renya)
Gurren Lagann volume 7
Kannagi volumes 4-6
Lucky Star Boo Boo Kagaboo (spinoff by Eretto)
Mobile Suit Gundam 00I
Tales of the Abyss: Jade's Secret Memories volumes 1 and 2

Releases in Bandai Entertainment's current catalog will still be available after February, and Bandai Entertainment plans to produce new stock on these existing releases, if needed, until their respective licenses expire.

Bandai Entertainment closed its own online store in December, but other retailers can still order and carry Bandai Entertainment's current releases as before.

[Ravenblitz]

there's another thread in the gen section http://forums.animesuki.com/showthread.php?t=109362