Time Warner to Co-Produce New Anime

Date: 2005 February 02 14:36

Posted by Spike

American based Time Warner and Japanese based Itochu Corporation have announced a joint venture to create a new Anime series to be broadcast at the same time in both America and Japan. While few details are currently known about the new series, the budget for this project is set to be around
20 million Yen ($US 190,000) per episode, which is a good deal higher (up to 50%) than most other animated series. The companies in question will hoping to reclaim the outlay by tying in marketing deals with toy companies and other merchandising elements and possibly marketing the series to
broadcasters abroad.