Japan animation industry sales fall 1.8% in 2020

  • 📰 ABSCBNNews
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 83%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Japan animation industry sales fall 1.8% in 2020, 1st drop in decade

TOKYO - Sales in Japan's animation production industry fell 1.8 percent on year in 2020, the first drop in a decade, as hit movies such as the record-breaking success of the film on the blockbuster "Demon Slayer" manga series failed to offset the pandemic impact, according to a credit research firm.

In the movie business, the industry had smash-hit "Demon Slayer -- Kimetsu no Yaiba -- The Movie: Mugen Train," which became the highest-grossing film in Japanese box-office history with more than 40 billion yen in revenue. Still, the COVID-19 pandemic had delayed production processes at many studios, leading 48.6 percent of 300 animation production companies surveyed to report a sales fall in 2020.

Profit-wise, 37.7 percent incurred losses and 29.5 percent said their profits dropped, as 31.1% reported profit growth, according to the survey.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Maybe because they aren't being paid properly... Look up Netflix's recent controversy on this.

Ireland Ireland Latest News, Ireland Ireland Headlines