Nippon Television Takes Control of Studio Ghibli, Becomes New Majority Shareholder

Studio Ghibli, the renowned Japanese animation studio behind Miyazaki Hayao's films, is selling a controlling stake to Nippon Television (NTV), making NTV the largest shareholder with 42.3% of voting rights. The move aims to address the issue of succession as the studio's founders, Miyazaki Hayao and Suzuki Toshio, are aging. Miyazaki's son, Miyazaki Goro, has declined to be the successor, leading to the decision to leave the future of the company to others. The two companies have a long-standing relationship, and NTV has supported Studio Ghibli's works in the past. The terms of the deal were not disclosed.