CPM Bankruptcy

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CPM Bankruptcy

Postby Rocketshipper » Fri May 26, 2006 7:00 pm

According to Anime News Network, Central Park Media, the company that licenced, among other titles, Slayers Tv, Revolutionary Girl Utena, Shamanic Princess, Geobreeders, and Himiko-den, is going to file for bankruptcy :(. I think it's sad to see any US Anime distributor go out of business, and it makes me a little paranoid for the others.
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Postby rocklobster » Fri May 26, 2006 7:13 pm

Drat. And they're one of the companies that've been around the longest, too.
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Postby Arnobius » Fri May 26, 2006 7:16 pm

Interesting. Is this a sign of a saturation point of anime in America or merely bad business practices on the part of CPM. I suspect the second option. I know they tried to do too much with anime and manga publishing... neither done very well and seemed to have a hard time competing with the other companies.

On the plus side, hopefully this means Anime18 gets put out of business (they're still a subsidiary of CPM right?)
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Postby ashfire » Fri May 26, 2006 7:56 pm

The way it is anymore they might sell out to another anime and manga company.
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Postby Sakaki Onsei » Fri May 26, 2006 8:15 pm

Betcha ADV gets first bid for CPM.
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Postby Tenshi no Ai » Fri May 26, 2006 10:08 pm

AnimeHeretic wrote:
On the plus side, hopefully this means Anime18 gets put out of business (they're still a subsidiary of CPM right?)


Well I know that MOST of CPM's titles WERE hentais :/

I just remember they had stuff like Graveyard of the Fireflies and things like that... oh and with Slayers, FUNI's owned them for almost a year now with the boxsets being 75% off the orginal price^^
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Postby MasterDias » Fri May 26, 2006 10:26 pm

Not particularly surprising. In terms of anime distributors going out of business. they would have been my first guess.

When was the last time they actually licensed something of note, anyway?
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Postby Sync » Sat May 27, 2006 1:31 am

Sakaki Onsei wrote:Betcha ADV gets first bid for CPM.

They're not in the best financial situation at the moment either, they need to lighten the amount of licenses they have and haven't released yet.
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Postby Roy Mustang » Sat May 27, 2006 2:36 am

$100 on Funimation getting first bid on CPM.


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Postby Arnobius » Sat May 27, 2006 8:13 am

Tenshi no Ai wrote:Well I know that MOST of CPM's titles WERE hentais :/

I just remember they had stuff like Graveyard of the Fireflies and things like that... oh and with Slayers, FUNI's owned them for almost a year now with the boxsets being 75% off the orginal price^^

Hope they fix the Japanese track sound issues in boxset 1. Even the "replacement" set was pretty bad
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Postby BrandonHeat » Mon May 29, 2006 9:41 am

The only things they've done that I'm truly concerned about are Patlabor and Lodoss, to be honest.
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Postby rocklobster » Mon May 29, 2006 6:26 pm

Here's something I just thought of. Could this mean Disney would be able to acquire Grave of the Fireflies?
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Postby Rogie » Mon May 29, 2006 7:04 pm

rocklobster wrote:Here's something I just thought of. Could this mean Disney would be able to acquire Grave of the Fireflies?


Actually, even if CPM were to stay in business, I suspect Disney would indeed buy the rights as soon as CPM lost them. If they want to complete their Disney-released Ghibli canon, then Grave would be necessary. Of course, Castle of Cagliostro would also be necessary for that, but not as necessary, since it's not official Ghibli, just Miyazaki.

Anyway, this is also the company that released the entire Patlabor series, which I just started after loving the first two movies.
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Postby rocklobster » Tue May 30, 2006 5:28 am

Maybe Bandai will pick up Patlabor, since they have one of the movies.
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Postby Linksquest » Tue May 30, 2006 6:09 am

It's really sad when any company becomes bankrupt. Many people will lose their jobs; but, hopefully, something good will come out of this.
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Postby Rocketshipper » Tue May 30, 2006 10:16 am

http://www.icv2.com/articles/home/8755.html

CPM released this statement at the last anime con, I think.
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Postby Sweet Mercury » Tue May 30, 2006 1:53 pm

AnimeHeretic wrote:On the plus side, hopefully this means Anime18 gets put out of business (they're still a subsidiary of CPM right?)


What is Anime 18?
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Postby Tenshi no Ai » Tue May 30, 2006 2:00 pm

Sweet Mercury wrote:What is Anime 18?


As the name might suggest, an 18+ rated anime company with hentai and the works included :/
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Postby Roy Mustang » Tue May 30, 2006 3:17 pm

Rocketshipper wrote:http://www.icv2.com/articles/home/8755.html

CPM released this statement at the last anime con, I think.


After reading that, all I can say is this.

Oh good grief!


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Postby termyt » Tue May 30, 2006 8:57 pm

CPM released an official statement today that said the lay-offs were due to Musicland's bankruptcy and implied that CPM itself has no intention of going bankrupt. Only time will tell for sure.

CPM wrote:As our business has been significantly impacted by Musicland's bankruptcy filing, we are facing tightening sales conditions and are currently focusing on a cost cutting program which will structure the company for future growth without our largest customer. A number of very talented and dedicated employees have unfortunately lost their jobs through no fault of their own.

CPM will be happy to assist these fine staff members find employment opportunities, so any company seeking experienced and professional employees are requested to email CPM at HR519@teamcpm.com for further details.
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Postby Sweet Mercury » Wed May 31, 2006 2:19 pm

Tenshi no Ai wrote:As the name might suggest, an 18+ rated anime company with hentai and the works included :/


Ah, then my assumtion was correct.

Now that I think about it, I did keep seeing "Anime 18!" signs all over the Anime secion of my local video store. You know, it gives all anime fans a bad name when "Check out our new hentai section!" is plastered all over the normal anime. One doesn't necessarily follow the other...
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Postby Tenshi no Ai » Wed May 31, 2006 2:22 pm

Sweet Mercury wrote: One doesn't necessarily follow the other...


Although I HAVE heard stories on how some stores/rentals DID stick them side by side or stick innocent anime such as Cardcaptor Sakura beside the porn section -_-;

About CPM though ANN sez:

"Central Park Media Talks August Releases (2006-05-31 13:18:03)
Central Park Media sent out two press releases regarding August releases for Votoms and Wrath of the Ninja. A CPM spokesperson told us while the company is re-organizing, it is also heading forward with new releases."
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Postby Shao Feng-Li » Wed May 31, 2006 2:43 pm

Sheesh, one time I tried to get a DVD off the shelf and wondered why it was stuck there... Oh!... oh... -.-

Now if 4Kids would go out of business...
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Postby rocklobster » Sun Jun 04, 2006 5:23 am

We can't be that lucky, Shao.
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Postby Shao Feng-Li » Sun Jun 04, 2006 5:53 am

Indeed.
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Postby termyt » Mon Jun 05, 2006 10:47 am

[quote="Tenshi no Ai"]Although I HAVE heard stories on how some stores/rentals DID stick them side by side or stick innocent anime such as Cardcaptor Sakura beside the porn section -_-]
Several years ago when anime was only starting to go mainstream, my local Blockbusters put all anime in the adult section - including Robotech, Star Blazers, and Pokemon.
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Postby Shao Feng-Li » Mon Jun 05, 2006 10:55 am

lol It would look rather suspicious... "I was only looking for Pokemon! Really!"
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