Kadokawa Takes Over Daiei
Tue Jul 23 00:12:04 EDT 2002
The industry is still reeling over the announcement that Kadokawa will be
taking over Daiei from Tokuma, but today's news reports have added some
more details and speculations.
First, the exact price in the deal has not been divulged but it seems to
be "several dozen million dollars." Important in the deal was Daiei's
catalog of over 1600 films (including Rashomon and Sansho the Bailiff)
which, when combined with Kadokawa's catalog of over a 100 films, now
makes Kadokawa a major player on the film "contents" industry. Perhaps
we'll see even more Daiei films coming out on the market.
Most are saying that Kadokawa has in mind becoming a "major studio" with
this deal. By acquiring the Daiei studio in Chofu, they now finally have
their own studio and, when combined with existing Kadokawa companies,
like Asmik Ace and Kadokawa's TV production division, are set to play all
aspects of the film/TV field.
There's also speculation about reviving production of old Daiei hits like
Yokohama National University
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