Japan’s Toho acquires North American animation company GKIDS, Studio Ghibli's US steward

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Read full article: Girl, 13, sentenced to 7 years in juvenile prison for stabbing her mother more than 30 timesBattle of Flowers, SAISD team up for history tripsKeep your drink cold longer with these tumblers. See more Insider Deals here. Read full article: Keep your drink cold longer with these tumblers. See more Insider Deals here.Here’s how these silky, moisture-wicking sheets will give you your best sleep yetFILE - People take a picture of Godzilla's head at Shinjyuku Toho building at the Kabukicho district in Tokyo, July 30, 2016. The deal gives Toho an established North American distributor and sales operation in GKIDS, which has become a force in animation since its founding in 2008.

Toho president and CEO Hiro Matsuoka said in a statement that GKIDS’ unique position in the U.S. market, “dovetails perfectly with Toho’s own strengths and strategic mission. This partnership accelerates Toho’s goals to prioritize animation, develop international markets, and support IP creation, while bringing exceptional Japanese and animated content to global audiences.”

GKIDS founder Eric Beckman will remain CEO, and Dave Jesteadt will stay president. Both said that the company will continue to operate as they have, “but now with the backing of a highly complementary and legendary parent company.”Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

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