ADV Restructures

To make a long story short, A.D. Vision is splitting up its subsidiaries and assets among a variety of new companies created specifically for that purpose. Reportedly all of ADF Films’ anime titles have been transferred to AEsir Holdings, which will continue to have them shipped to consumers by SXION 23, LLC (“Section 23 Films”). ICv2 confirms that Section 23 Films will also take over distribution of DVDs from the Sentai Filmworks and Switchblade Films labels. Valkyrie Media Partners will own and operate The Anime Network. Seraphim Studios will own and operate the Amusement Park Media production unit. The former owners and significant staff of A.D. Vision own these new companies and have transferred to employment with these new companies. In effect, the company and brand names “A.D. Vision” and “ADV Films” are now obsolete, but consumers should not notice any change in the operation and availability of goods and services that A.D. Vision distributed or had scheduled for future release.

Meet the new boss. Same as the old boss. From a practical consumer perspective, “ADV Films” is simply changing its name to “Section 23 Films.”

Source: Anime News Network