Gainax, known for 'Evangelion' anime production, goes bankrupt

Let&#x27;s face it, Gainax was only an empty shell of its former glory. Most of the &quot;important&quot; people left for Khara and Trigger and Gainax has done nothing of importance for more than ten years or so?<p>Also, financial troubles is probably the most Gainax thing possible

The entire anime industry is built on labor that is not compensated well, from many sources:<p>This whole substack, but in particular: <a href="https:&#x2F;&#x2F;news.animenomics.com&#x2F;p&#x2F;nafca-anime-worker-survey-long-hours-low-pay" rel="nofollow">https:&#x2F;&#x2F;news.animenomics.com&#x2F;p&#x2F;nafca-anime-worker-survey-lon...</a><p>NHK video: <a href="https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=q5AR2X6R4TM" rel="nofollow">https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=q5AR2X6R4TM</a><p>From what I can tell, the production does a lot of Hollywood-style accounting where the production companies take most of the profits and most of the actual work is contracted out.

The real talent left to form Studio Khara, I think it part because of this kind of mismanagement.<p>Gainax has a long history of financial follies despite having created one of the most successful anime in history.

The Gainax of the 1990s was not the Gainax of the last decade. Gainax died in the Great Recession and became a hollowed out shell of a studio that only existed to collect royalties on their past work. So this is not a major loss.

&quot;Its business conditions began to deteriorate around 2012, due to careless management by executives, and the company lost its anime production capabilities following an exodus of its creative staff.&quot;<p>no creative, no business

I remember watching the final episode of Evangelion several years ago. A few minutes into it, it&#x27;s as if they simply ran out of animation budget and it went full slide show. And that was their greatest success.

&gt; Its business conditions began to deteriorate around 2012, due to careless management by executives, and the company lost its anime production capabilities following an exodus of its creative staff.<p>I&#x27;m not an expert in anime but the article basically says it started to die in 2012-2014 or however long it took for the artists to leave, right?

It all comes tumbling down, tumbling down, tumbling down...

Seems like the franchise is safe just a bunch of executives at some subsidiary squandered everything.

&gt; <i>Its business conditions began to deteriorate around 2012, due to careless management by executives,</i><p>Is blunt writing like this typical of journalism within Japan, for Japanese audiences?

I guess Gainax finally got its own Gainax Ending.

I&#x27;m not an expert in this area, but a friend who is into anime said that the company that the rights to these series are being sold to is owned&#x2F;operated by the same guy that made many of them. So he felt that in this case we were lucky that this is almost &quot;Gainax went bankrupt and sold their properties to Gainax&quot;.<p>Again, I&#x27;m not an expert so I can&#x27;t verify, but this seems like one case where maybe things are ending up alright.

one might say they achieved instrumentality

As for Evagelion series, most of the creatives and copyright itself have moved into khara.<p>GAINAX had been in the vegetative state for many years now.

Ouch, now that really stings to wake up to. Eva aside, Nadia, Gunbuster, FLCL all stand out among the great anime of the &#x27;90s-&#x27;00s. Even lesser known series, like KareKano, which Anno had a hand in, really have a vivaciousness to them to them that just isn&#x27;t that common. RIP Gainax.

As a side note, the small worlds museum (from the article image) is pretty cool. I spent a couple of hours there on a rainy day in Tokyo. I assume they are going to keep the Tokyo-3 part of the exhibit after this.

End of Evangelion, indeed.

No more gainax bounce?

Evangelion this TTGL that. We are never getting another P&amp;S G are we?