Manga Ent. parent company sold for $186 million

Liberty Media have completed a $186 million deal to purchase Manga Entertainment’s parent company IDT Entertainment.

When Manga Entertainment was originally acquired by IDT in 2004, this signalled a massive upturn in the then struggling publishers fortunes; especially in the UK – not only did Manga UK continue to press ahead with releasing Ghost in the Shell: Stand Alone Complex, they also acquired the “most expensive license in the world” Naruto as well as produced exclusive English dubs for Ghost in the Shell 2: Innocence and Millenium Actress.

With Manga Ent. again changing hands this summer, anime fans around the world will be hoping that this all leads to further investment in the anime industry.