initialdfreak wrote:So is Geneon going under or did they just decide to nolonger sell anime in america? Theyre still doing well in Japan?
As the history about Geneon.
In July of 2003, The name Pioneer LDC was change to Geneon after the acquisition by Dentsu. Due to this, Pioneer Entertainment (USA) Inc. was also change to Geneon Entertainment (USA) Inc.
Then on August of 2007, news broke out that ADV Films would handle the distribution, marketing, and sales of Geneon's properties in the USA in October of that year. Under the deal, Geneon would still acquire, license, and produce anime in North America, but everything else wold be handled by ADV.
But in September of 2007, the distribution deal with ADV and Geneon didn't reach a mutual agreement. From October of 2007, Geneon USA would focus mainly on management of its works portfolio and then in November, the company shipped all titles solicited untill November 5, 2007 and then stop and close their doors and let go of some people at Geneon USA. Dentsu of Japan want to cut Geneon USA down and have someone else do the distribution for them and they more or less pull the rug right out from them.
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