Gonzo Announces New Financial Partnerships

In a new financial statement released this week, Gonzo Digimation Holdings (GDH), the parent company of anime production studio Gonzo and PC game developer Gonzo Rosso, revealed that it purchased of a 210 million yen (US $2-million) share of San Francisco, California based video hosting website Crunchyroll last April. Last July, the Tokyo Stock Exchange threatened to de-list GDH from trading because the company was losing money and was classified as potentially insolvent.

According to Crunchyroll, GDH is a “silent investor” with “no influence or insight into Crunchyroll deals/decisions/direction.”

In a separate announcement also made this week, GDH has announced that Japanese investment firm Iwakaze Capital has purchased 1.9 billion yen (about US $18 million) in GDH stock and has made an offer to purchase a controlling percentage of GDH.

Source: Anime News Network and ICv2