[Editor’s note: check out our “School Days Demotivational Contest” by clicking the icon on the side bar and also this: http://animediet.net/archives/1662]
From Anime Corporation News –
Dentsu Posts $44 Million Loss on Geneon USA
Advertising corporation Dentsu Inc., the owners of Geneon Entertainment, have posted an estimated 4.7 billion yen (US$41 million) consolidated and a 5.1 billion yen (US$44 million) non-consolidated loss for its current fiscal year. The losses reflect the sudden downsizing of Geneon Entertainment USA.
Ray’s take: Not much to say here except the ripple of the downfall of Geneon USA is affecting its Japanese parent back home. Not a good sign for the shareholders, I guess…