Courtesy of 6 billion yen, from the public-private partnership Innovation Network Corporation of Japan (INCJ), the All Nippon Entertainment Works is opening shop this month. The joint venture between companies in the anime industry and Hollywood film business aims to adapt movies based on anime, then loop the cycle back through spin-off development of games, books and other profitable merchandise.
All Nippon Entertainment Works will acquire the rights to the anime from their Japanese holders, then collaborate with American producers and scriptwriters. The current aim is to develop ten titles in its first three years with an investment of 3 billion yen.
Company currently participating include Asmik-Ace Entertainment, Dentsu, Fuji Television Network, Mitsubishi Corporation, Nikkatsu Corporation, Production I.G, TOHO-TOWA Company, Tokyo Broadcasting System Television, and the Tomy Company.
via Anime News Network and Asahi Shimbun