Avex to Make Anime

Japanese entertainment conglomerate Avex Group Holdings has announced that its Avex Entertainment and BeeTV mobile phone video provider service subsidiaries will each launch their own anime production initiatives. Avex has been involved in producing anime since at least 2000, having co-produced series including Maetel Legend, Cyborg 009 (2001), and more recently, shows including Claymore and Needless. However, while Avex has previously co-produced numerous anime titles, the company has never previously produced anime on its own, without a co-producing company.

Source: Anime News Network