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mewthree w/armor
September 1st, 2009, 02:38 PM
I hope she rests in peace though she'll be in pieces.


From Anime News Network - http://www.animenewsnetwork.com/news/2009-09-01/adv-films-shuts-down-transfers-assets-to-other-companies

ADV Films Shuts Down, Parent Transfers Assets to Other Companies (Update 4)ADV Films Shuts Down, Parent Transfers Assets to Other Companies (Update 4)

A.D. Vision, the parent company of ADV Films, has announced that it is shutting down after transfering its assets to several other companies that will continue its operations. AEsir Holdings has acquired selected programming from ADV's film library along with other intellectual property. The SXION 23 (Section23 Films) home video distribution company will assume account servicing and distribution operations for AEsir's assets. Valkyrie Media Partners has acquired 100% of ADV's Anime Network television unit, while Seraphim Studios has acquired ADV's Amusement Park Media production unit.

Former ADV Films staffer Chris Oarr has notified ANN that several former staffers have been hired by SXION 23 and the other companies.

Update: All of the new companies are officially based in Houston, the home of A.D. Vision. SXION 23's business filing was dated on May 20, while AEsir Holdings, Valkyrie Media Partners, and Seraphim Studios were filed eight days later on May 28. SXION 23, Valkyrie Media Partners, and Seraphim Studios share the same address in western Houston, 8 miles (13 kilometers) from A.D. Vision. Sentai Filmworks, another business entity for which A.D. Vision and Amusement Park Media handled distribution and production, is also located in western Houston.

Update 2: SXION 23, Valkyrie Media Partners, and Seraphim Studio are filed under Griffin D. Vance IV's name. Griffin Vance was A.D. Vision's former Senior Vice-President of Business and Legal Affairs, but he now operates his own law practice. Vance's law firm shares the same postal address as SXION 23, Valkyrie Media Partners, and Seraphim Studio.

Update 3: The Anime Network confirms that, since it "has always been a separate entity from ADV," it will continue to operate.

Update 4: According to Anime Corner Store owner Robert Brown, former ADV Films Senior Vice President of Sales and Marketing Mike Bailiff will now head up Sales and Marketing at SXION 23 (Section 23). Bailiff reports that SXION 23 has all of ADV's former licenses and most of its staff, but not ADV's former owner John Ledford. SXION 23 will continue to distribute the current orders and future pre-orders that ADV used to fulfill, without changing their schedules.

Vernikova
September 1st, 2009, 03:04 PM
This wasn't a matter if but when so this isn't a surprise. Soon, it'll only be FUNimation and VIZ as the last ones standing.

icomeanon6
September 1st, 2009, 03:05 PM
ADV did an excellent job with Excel Saga and Puni Puni Poemy (and the dub for NGE wasn't as bad as people say). I'm sorry to see them go.

Are you happy now, fansubbers? You've fulfilled your mission of discouraging people from buying DVDs.

Esper
September 1st, 2009, 04:03 PM
ADV did an excellent job with Excel Saga and Puni Puni Poemy (and the dub for NGE wasn't as bad as people say). I'm sorry to see them go.

Are you happy now, fansubbers? You've fulfilled your mission of discouraging people from buying DVDs.
I believe we can blame the recession for finally doing them in.

I always thought I would be happy to see them fold. I never really liked how they marketed their products, or a lot of their products themselves. Now that it's happened though I find I don't really care one way or the other.

twocows
September 1st, 2009, 05:00 PM
Are you happy now, fansubbers? You've fulfilled your mission of discouraging people from buying DVDs.
I think most people wouldn't buy DVDs themselves, anyway. Either they'd find some place that rents them out, they'd find some friends and share amongst, or they'd just not get them at all. Those things are expensive and people aren't made of money.

Yingxue
September 7th, 2009, 09:40 AM
Actually, blaming the recession alone is foolish. I think fansubs had a HUGE part in killing ADV, it's such a shame because I quite liked ADV, but ADV Manga, not so much. The recession didn't help, but anime companies were in trouble previously because people chose to download the shows instead of buying the DVD's. (Geneon, anyone?)

The anime industry is nothing like the music, game, and movie industries, which pull in massive amounts of profit, and are all doing fine. I don't know, I think it's a bit weird/hypocritical of me to say, "Welllp, go download pokemans all you want, but god forbid you download Naruto"

Then again, you don't see Universal Studios going bankrupt, do you? They're still pushing out movies, and chugging along.

DVD's aren't that expensive. In Japan, they're unbelievable, $45, maybe more PER DVD.

I don't know. I think fansubs really do hurt the market, the companies themselves said it, and they're kind of dying. Manga suffers from the scanlation problem, because many times when people read scanlations, they don't buy the actual comic.