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

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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 This material may not be published, broadcast, rewritten or redistributed without permission.

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