The Japanese animation market is a competitive sector and despite the relationships between the various studios, which often help each other, there are still uncomfortable situations. Recently, in fact JOKE revealed last fiscal year financial results that worried fans of the company.
For the past few months, the WIT studio has been talking about itself for abandoning the The Attack of the Giants franchise after 3 seasons and numerous episodes to avoid joining. to favor MAP in the production committee and leaves it to the company to do the final season of the masterpiece of Hajime Isayama. The company has obviously not been on the sidelines and is working on new projects like the recent Great Pretender in partnership with Netflix.
However, WIT’s annual financial reports completed in May reported a Loss of 480 million yen (almost 4 million euros) and a decline in sales of over 40%. The community has suspected the causes of this crisis due to The Attack of the Giants abandonment, a theory that is currently unfounded given that the company, which was outside of the production committee at the time the anime was made, did not enjoy the economic privileges of one like that popular series. However, IG Port, which controls WIT Studio, has announced that it will be putting pressure on its role in the company to improve profitability.
So we just have to wait the next few months to find out what the fate of the famous animation studio will be? In contrast, what do you think is the cause of this decline? Let us know with a comment below.
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