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Japan TV network will acquire Totoro creator Studio Ghibli as animation studio prepares for future

Japan Studio Ghibli
September 21, 2023

TOKYO (AP) โ€” Studio Ghibli, the famed Japanese animation studio of Hayao Miyazaki, will become a subsidiary of Nippon Television Network Corp., both sides said Thursday.

Succession worries had been a priority at Ghibli, as Miyazaki has turned 82, and producer Toshio Suzuki is 75, the companies said in a joint statement.

The boards of both companies agreed at meetings Thursday that the major commercial broadcast network will become Studio Ghibli's top shareholder, with a 42.3% stake. Financial details were not given.

Japan TV network will acquire Totoro creator Studio Ghibli as animation studio prepares for future
Japan Studio Ghibli

Nippon TV said it will send executives to support Ghibliโ€™s management, while honoring its creative independence so it can focus on animation and other artistic projects.

The deal was first discussed last year at an โ€œonsenโ€ hot springs, the companies said, when Suzuki asked Nippon TV executive Yoshikuni Sugiyama for help in managing Ghibli. Sugiyama promised to give support.

Miyazakiโ€™s son Goro is also an animation director and has been mentioned as a possible successor. But he had expressed doubts, saying the responsibility was too great.

Ghibli and Nippon TV have collaborated in the past, since โ€œNausicaรค of the Valley of the Windโ€ aired on TV in 1985. Nippon TV has also helped produce various Ghibli works, starting with Miyazakiโ€™s 1989 โ€œKikiโ€™s Delivery Service.โ€ It also helped set up the museum devoted to Ghibli works in Tokyo.

Earlier this year, Miyazaki finished โ€œThe Boy and the Heron,โ€ completed after seven years. It is based on a book but is also loosely based on Miyazakiโ€™s wartime childhood. The Japanese title, which better expresses its theme, translates to: โ€œHow Will You Live?โ€

Miyazaki won an Oscar for his 2001 โ€œSpirited Away.โ€ He has occasionally declared he was retiring but has always returned to his craft.

He has produced an extensive range of animation works enjoyed by adults as well as children, including โ€œMy Neighbor Totoroโ€ and โ€œPonyo.โ€

___

Yuri Kageyama is on Twitter https://twitter.com/yurikageyama

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