Also to help cut losses, and to maximize their value, Bandai will simultaneous release both their DVD and Blu-ray discs and on-demand distribution. Finally, Bandai plans to start a new company that will handle live entertainment in relation to their toys, games, videos, and music. Bandai Visual will provide 51% of this new company’s startup capital, and Sunrise will pay the rest. This business will start in April of this year with the tentative title of Bandai Namco Live.
What does this mean for us? Well, perhaps we will get a new convention out of this sometime in the future. Though it wouldn’t surprise me if this new convention was in Japan only. Good luck with everything Bandai and to all those who lost their jobs.