KADOKAWA CORPORATION (Headquarter: Chiyoda-ku, Tokyo; President and Member of the Board: Takeshi Natsuno; hereinafter "KADOKAWA") announced today that the company has reached an agreement with Anime News Network Inc. (Headquarters: Quebec Province, Canada, President: Christopher Macdonald, hereinafter “ANN”) with respect to KADOKAWA's majority acquisition of ANN's media business.
Founded in 1998, ANN engages in the media business focused on distribution of the latest news concerning Japanese anime, manga, light novels and other entertainment content to its English-speaking market userbase in North America and other parts of the world. ANN also operates a content database and community forums for its users to interact on its website and has established its position as one of the largest platforms specialized in its field in North America.
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