Kodansha & Dai Nippon Acquire Vertical

Japanese publisher and Dai Nippon Printing have announced joint acquisition of the Tokyo based manga publisher Vertical. Kodansha now owns 46.7% of Vertical while Dai Nippon owns 46.0%. Vertical was founded in 2001 and expanded into publishing English translated manga for the American market in summer 2008. Vertical Marketing Director Ed Chavez reports, “We’re working on our Spring 2012 list, and that should have around 2-4 Kodansha series & around 5-7 from other [publishers].”

Source: Anime News Network