Central Park Media files for Chapter 7

Welcome to Anime Jumpgate. We hope you enjoy your visit.

You're currently viewing our forum as a guest. This means you are limited to certain areas of the board and there are some features you can't use. If you join our community, you'll be able to access member-only sections, and use many member-only features such as customizing your profile, sending personal messages, and voting in polls. Registration is simple, fast, and completely free.

Join our community!

If you're already a member please log in to your account to access all of our features:

Central Park Media files for Chapter 7; The End of an Era
Topic Started: Apr 29 2009, 04:56 AM (55 Views)
RommieSG	Apr 29 2009, 04:56 AM Post #1
Brigade Leader Posts: 1,013 Group: Brigade Leader Member #1 Joined: May 17, 2005	Quote: The Crain's New York Business news source reports that the anime and manga distributor Central Park Media (CPM) filed for Chapter 7 bankruptcy and has closed its doors as of Monday. According to Crain's, the company owes US$1.2 million to creditors. The company has not been active in releasing new titles in the past 12 months. CPM and its Software Sculptors, U.S. Manga Corps, and Anime 18 labels were once the North American homes of such prominent works as Grave of the Fireflies, Utena, Mobile Police Patlabor, Record of Lodoss War, Slayers, Night on the Galactic Railroad, Project A-Ko, Dominion Tank Police, Descendants of Darkness, Demon City Shinjuku, Urotsukidoji, and La Blue Girl. It later branched out into the book publishing field by releasing Comic Party, Record of Lodoss War, Slayers, Embracing Love, Kizuna, and other titles under the CPM Manga and Be Beautiful Manga imprints. It sponsored the Big Apple Anime Fest earlier this decade. Companies that file for bankruptcy under Chapter 7 of the Bankruptcy Code in the United States will face liquidation — unlike Chapter 11 and 13 bankruptcies which still allow companies to restructure and continue to operate. http://www.animenewsnetwork.com/news/2009-04-28/central-park-media-files-for-chapter-7-bankruptcy Truly the end of an era. While CPM may have never ranked up with companies such as ADV, Bandai or Funimation, it was still much revered by anime fans for some of the aforementioned titles. I personally have some of the older titles that were re-released and will now treasure them even more. I'm sure there's going to be a lot of people keeping their eyes on eBay and Right Stuf for their last chances.



1 user reading this topic (1 Guest and 0 Anonymous)


« Previous Topic · The Anime Chronicles · Next Topic »