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Has anyone heard Bandai entertainment is closing down?

For those of you who don't know Bandai entertainment is a company that makes English dubs, translates and sells manga and that type of thing. I have no idea why it is closing down but it is, did anyone else here this or know why? Also they have some good anime's licensed like Haruhi Suzumiya, do you think they will go to Funimation or something? also does anyone know why it's closing down? just kinda sad because they had a lot of good shows/ manga licensed
 Alchemistlover posted over a year ago
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RobinFan360 said:
It's because of us.
The anime business is having a lot of trouble because alot of anime fans don't actually buy anime. They watch it for free on some site or download it (which is illegal btw)
It costs these companies money to produce anime and when they don't get that money back, they suffer. Scanlations are super bad for mangakas too.
So yeah, lots of anime and manga businesses have gone under (like Bandai & Genon) or are having trouble (like Funimation)
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posted over a year ago 
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Oh :(
Alchemistlover posted over a year ago
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I think it'll be fine though at least I hope it is!!!
Alchemistlover posted over a year ago
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Yeah maybe. There are still people out there who actually buy anime.
RobinFan360 posted over a year ago
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yeha i do to but i'm guilty in watching online to. I just bought two series on DVD though for Christmas and have a lot more so i can say i do my share of buying anime products
Alchemistlover posted over a year ago
BlindBandit92 said:
There will be always new companies being formed to make make more releases. There's a ton of companies that make releases for alot of otaku things and from what i read they aren't closing completely. They just aren't making any more releases. Which is far different than closing completely. Tons of companies will going under and yet tons of companies will come back. It isn't just the anime fans downloading. It's also the economy. Many people can't just jump up to buy animes. There's alot of things involved not just anime fans not buying stuff.
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posted over a year ago 
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yeahand they will probably dub the series Bandai left behind, hire the actors
Alchemistlover posted over a year ago
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^Exactly. Tons of anime companies will come after them.
BlindBandit92 posted over a year ago
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