Gainax has been a sinking ship for some years.
Their biggest and most well-known creation is the cultural phenomenon Neon Genesis Evangelion; the series is valued over $1.2 billion. Another classic anime created by Gainax was Gurren Lagann, a sci-fi masterpiece whose rights were subsequently acquired by Studio Trigger in 2021; another studio started by former Gainax staff members. Memorable works by Studio Gainax also included FLCL, Panty and Stocking, Mahoromatic, Gunfighter, Royal Space Force, and several others.
Gainax performed the sporadic manga adaptation but focused in-house original works. 2016 saw Gainax's demise as Khara and Anno sued for 100 million Yen in unpaid royalties. Clearly, repeated efforts at firm rebranding and reorganization came short. Though it's sad to see it gone permanently, this ending was long overdue. Gainax will live in the annals of animation as a groundbreaking firm that supported many talents.
Legendary Anime Studio Files from Evangelion for Bankruptcy
Sadly but quite expectedly, Studio Gainax has declared their intention to file for bankruptcy. Though the studio has been operational for almost 40 years producing amazing animation like Neon Genesis Evangelion and claiming to be among Japan's top Anime producers, mismanagement and extreme debt have driven the company to its knees.
About the successful file for bankruptcy and the causes behind this situation, Gainax issued a press statement notifying investors and supporters of the efforts of the company. Manga Mogura and other Anime News sources broke the story on internet. Gainax has been rife with bad management, lawsuits, controversy, and a dearth of fresh anime in production since 2012. This sad result has been long expected. Hideaki Anno, the developer of Evangelion who later funded his own Studio Khara, has candidly discussed his problems with Gainax and the company's weak governance.
Gainax Bankruptcy: Studio Gainax
Sadly but quite expectedly, Studio Gainax has declared their intention to file for bankruptcy. Though the studio has been operational for almost 40 years producing amazing animation like Neon Genesis Evangelion and claiming to be among Japan's top Anime producers, mismanagement and extreme debt have driven the company to its knees.
About the successful file for bankruptcy and the causes behind this situation, Gainax issued a press statement notifying investors and supporters of the efforts of the company. Manga Mogura and other Anime News sources broke the story on internet. Gainax has been rife with bad management, lawsuits, controversy, and a dearth of fresh anime in production since 2012. This sad result has been long expected. Hideaki Anno, the developer of Evangelion who later funded his own Studio Khara, has candidly discussed his problems with Gainax and the company's weak governance.
Effect on the Anime Sector
Their biggest and most well-known creation is the cultural phenomenon Neon Genesis Evangelion; the series is valued over $1.2 billion. Another classic anime created by Gainax was Gurren Lagann, a sci-fi masterpiece whose rights were subsequently acquired by Studio Trigger in 2021; another studio started by former Gainax staff members. Memorable works by Studio Gainax also included FLCL, Panty and Stocking, Mahoromatic, Gunfighter, Royal Space Force, and several others.
Gainax performed the sporadic manga adaptation but focused in-house original works. 2016 saw Gainax's demise as Khara and Anno sued for 100 million Yen in unpaid royalties. Clearly, repeated efforts at firm rebranding and reorganization came short. Though it's sad to see Gainax gone permanently, its ending was long overdue. Gainax will always be in the annals of animation as a groundbreaking firm that raised numerous talents.
A recent interview with Hideaki Anno
According to a recent interview with Hideaki Anno, more Evangelion might arrive one day; but, the nature of that sequel could be a real unknown.
Many supporters of the studio and the whole anime business will find this news startling. It reminds us that mismanagement and financial problems may afflict even the most successful companies. This scenario also begs questions regarding the future of other independent filmmakers in the business and how they might prevent like destines. The painful reminder of the unstable character of the anime business provided by Gainax's collapse is probably felt for years to come.