Studio Ghibli to Become Independent Company

The Yomiuri Newspaper has reported that Studio Ghibli will separate from parent company Tokuma Shoten by the end of March. The newly independent Studio Ghibli will be managed by Hayao Miyazaki, Toshio Suzuki and Isao Takahata. Studio Ghibli was founded in 1985 as a subsidiary of Tokuma Shoten, but was absorbed into Tokuma Shoten in 1997 to subsidize the ailing publisher. Tokuma has since restructured and no longer needs to rely on profits generated by Ghibli.

Source: Anime News Network