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Sunday Silence
Joined: 22 Jun 2010
Posts: 2047
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Posted: Thu Jul 08, 2010 5:29 pm
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I'll buy that for a dollar.
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Richard J.
Joined: 11 Aug 2006
Posts: 3367
Location: Sic Semper Tyrannis.
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Posted: Thu Jul 08, 2010 5:40 pm
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Well, that's unexpected news. I thought they were safe.
Any idea what kind of price the parent company is looking for? I'm curious about how much they think the assets are worth.
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Sheleigha
Joined: 09 May 2008
Posts: 1674
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Posted: Thu Jul 08, 2010 6:30 pm
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Manga safe? Uhhh they USED to release alot of stuff a decade ago but now either than Ghost in the Shell... Nothing... Really... Not like they can survive on ONE series.
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John Casey
Joined: 31 May 2009
Posts: 1853
Location: In My Angry Center
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Posted: Thu Jul 08, 2010 6:39 pm
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Manga... Erh. It's not like they released anything...crucial in the last, what, decade?
Now, Anchor Bay being sold off makes me a sad panda. T.T
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SilverPhantom
Joined: 18 Jun 2010
Posts: 62
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Posted: Thu Jul 08, 2010 6:53 pm
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I honestly didn't know they were still around.
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Megiddo
Joined: 24 Aug 2005
Posts: 8360
Location: IL
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Posted: Thu Jul 08, 2010 6:58 pm
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So now FUNi and Manga Ent are up for sale eh?
Only thing I particularly care about Manga Ent is Ani-Monday since they haven't really released much of anything since Karas (I passed on Strait Jacket).
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_V_
Joined: 13 Apr 2009
Posts: 619
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Posted: Thu Jul 08, 2010 7:01 pm
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Odd, I thought Anchor Bay got bought by Sony a while back?
Anyway, Manga Entertainment today is absolutely nothing like what it was in say, 2002 -- I mean the actual staff is completely different, its similar in name only.
Oh they got a few of the classics back in the day, but long since stopped being a major player.
The point when they truly became a non-entity was when they let the End of Eva movie license expire. Its out of print now...of course, it was one of the worst releases ever made (physically; there was a massive "glow" problem)
The only question I have is...what's the relationship between "Manga Entertainment" and "Manga Entertainment UK"?
Is Manga Entertainment UK in a position to "prop up" the US branch? The UK branch is actually the original one. I have no idea how strong they are in the UK, just that they release Rebuild of Evangelion 1.11 there so I assume they're relatively important.
But yeah, they're a complete non-factor now.
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_V_
Joined: 13 Apr 2009
Posts: 619
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Posted: Thu Jul 08, 2010 7:02 pm
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Megiddo wrote: | So now FUNi and Manga Ent are up for sale eh?
Only thing I particularly care about Manga Ent is Ani-Monday since they haven't really released much of anything since Karas (I passed on Strait Jacket). |
wait, does Manga Entertainment handle that, or Bandai? the rights for putting stuff on TV are different.
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doubleO7
Joined: 17 Jul 2009
Posts: 1074
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Posted: Thu Jul 08, 2010 7:14 pm
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_V_ wrote: |
Megiddo wrote: | So now FUNi and Manga Ent are up for sale eh?
Only thing I particularly care about Manga Ent is Ani-Monday since they haven't really released much of anything since Karas (I passed on Strait Jacket). |
wait, does Manga Entertainment handle that, or Bandai? the rights for putting stuff on TV are different. |
I believe Manga owns the block, so Bandai probably had to pay Manga (and possibly relenquish digital distribution rights) to get their shows on Ani-Monday. But if Manga goes under, I guess its possible that Bandai could step in and take over the block.
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PBsallad
Joined: 19 Dec 2009
Posts: 338
Location: Phoenix
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Posted: Thu Jul 08, 2010 7:46 pm
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One train of thought I'm having is, maybe Starz is selling them off like Nav is selling FUNi (Manga has AniMonday and does digital streaming). I doubt it's that though. Maybe Starz Media isn't pulling in enough dough?
Crazy. I hope Manga survives.
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Tratious
Joined: 03 Feb 2008
Posts: 316
Location: Savannah, GA
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Posted: Thu Jul 08, 2010 8:19 pm
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_V_ wrote: |
The only question I have is...what's the relationship between "Manga Entertainment" and "Manga Entertainment UK"?
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They are sister companies, and are more prominent in the UK.
--------------------
I could see Fox buying Film Roman just for The Simpsons.
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egoist
Joined: 20 Jun 2008
Posts: 7762
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Posted: Thu Jul 08, 2010 8:42 pm
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I wouldn't say Manga UK is doing bad. They're the ones with Evangelion 1.11 after all.
At least here they have some best sellers besides Evangelion 1.11 and GITS, like Death Note, Darker Than Black, FMA:B, Claymore, Ghost Hunt, Hellsing Ultimate up to vol 4, Naruto, OHSHC, plus many others including the majority of popular anime films. I heard they were negotiating with Funimation for the first FMA. Not sure though, so take that as speculation.
Their DVDs are going for really low prices lately... I don't know if that's good or bad for them though. But judging from the fact that they're still aiming for great titles I'd say the low prices would hardly reflect poor sales.
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jsevakis
Former ANN Editor in Chief
Joined: 28 Jul 2003
Posts: 1685
Location: Los Angeles, CA
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Posted: Thu Jul 08, 2010 8:59 pm
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The decision to sell Starz Media actually has nothing to do with Manga Ent, which is so small (it doesn't even have a dedicated staff in the US) that to the powers that be, it's but a blip on the radar. In fact, the whole thing has to do with a frighteningly complex transaction where the new parent company Liberty Media is splitting off two of its three tracking stocks. One of them is a capital ownership company, while the other, Liberty Starz, owns Starz, Overture Pictures, Anchor Bay, Film Roman and Manga.
The whole divison has been losing money since the DVD market crashed, and Overture in particular has really been suffering -- they were forced to stop making their own films last year. That whole company is in quite a state.
But all that has little to do with Manga. While the UK division has some legs, in the US it's little more than a brand for Starz. Wherever the other divisions go, Manga will go too. And what will become of it is a mystery.
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jsieczka
Joined: 19 Jul 2008
Posts: 150
Location: Rochester, NY
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Posted: Thu Jul 08, 2010 9:17 pm
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This is part of a far bigger restructuring of Liberty Media, right now they have three Divisions Liberty Capital, Liberty Starz, and there big one Liberty Interactive Group.
Liberty Capital:
Atlanta Braves, , Current Group, LLC (8%), Hallmark Entertainment Investments Co. (11%), Jingle Networks, Inc (9%), Pepsi Center (6.5%), Leisure Arts, Inc, MacNeil/Lehrer Productions (67%), Mobile Streams (16%), Overture Films, Sirius XM Radio (40%), Starz Media -- which in turn is the parent company of Manga, TruePosition Inc, Zoombak LLC and some TV stations.
Liberty Starz:
Starz Entertainment LLC, Liberty Sports Interactive Inc
Liberty Interactive Group:
Backcountry.com (81%), Bodybuilding.com (83%), Borba LLC (25%), BuySeasons, Expedia Inc (24%), HSN inc (33%), IAC/InterActiveCorp (11%), Interval Leisure Group (29%), Lockerz (65%), Provide Commerce, QVC, Inc. which makes more money then the entire Liberty Capital division, The Right Start, Tree.com (previously known as Lending Tree, wonder why they changed that name) (25%)
The entire plan is based around changing Liberty Interactive Group's stocks from the less stable tracking stocks to the more stable asset-backed stock. Liberty Media is one of the last major companies that still use tracking stocks and are getting killed in the market for it. In order to make the move Liberty is in need of a major capital investment. Considering that this is Liberty Media I would guess that there is also a tax loop hole they are trying to take advantage of, an activity that Liberty Media is very good at.
And Justin types faster then I do.
Last edited by jsieczka on Thu Jul 08, 2010 10:13 pm; edited 2 times in total
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MeggieMay
Joined: 08 Jun 2004
Posts: 607
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Posted: Thu Jul 08, 2010 9:39 pm
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You may be slower but that is a much more informative post, jsieczka). Both posts are a keeper and I may send other people who are interested in this subject over to read them because of how good they are .
edited: I think I was confused about something earlier so I took it out.
Last edited by MeggieMay on Thu Jul 08, 2010 9:59 pm; edited 1 time in total
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