Anime News Network has been a trusted provider of news for many years now. The media business focuses on the latest Japanese media news. Be it anime or other major developments, ANN has always been the first to report.
The website mostly caters to the North American audience and has specialized in its field. Kadokawa is a Japanese media conglomerate, and it has merged several firms for publishing, films, and cross-media. The corporation recently reached an agreement with Anime News Network Inc.
KADOAWA Corporation has thus announced that Anime News Network will be acquired by it. This decision was taken to strengthen the company’s global marketing efforts.
BOOK☆WALKER Co., Ltd., a group under Kadokawa, will also greatly benefit from it. BOOK☆WALKER Co., Ltd. currently consists of Yen Press, J-Novel Club, as well as other ebook publication services.
The transaction between Kadokawa and ANN will be mitigated by the end of 2022, but its value has not been disclosed. This acquisition of ANN will undoubtedly help the corporation expand its business by focusing more on promotion and marketing.
More of the English-speaking audience can be reached, thus giving Kadokawa a chance to market its products overseas. Since the demand for Japanese media productions is increasing, ANN will be a beneficial tool.
All of ANN’s staff remain entirely dedicated to the standards of professional, exhaustive, and editorially independent journalism that ANN is already known for and we believe that Kadokawa’s resources will be a great benefit to ANN’s journalism and our readers
Current president of ANN, Christopher Macdonald
Anime News Network has distinguished itself in its field since 1998 and has been a huge help to otakus. The website is loved by all Japanese media fans who can receive the latest news from the website.
The acquisition is believed to improve not only Kadokawa but also ANN by growing a more global audience for anime, manga, and more.
Source: Kadokawa
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