While the likes of <em>Funimation </em>and <em>Bandai </em>continue to thrive, international anime publisher <em>ADV Films</em> appears to be undergoing something of a financial crisis. In the last few weeks alone, several news stories have broken that don't exactly fill us with confidence in the future of the company.
<li>A former editor of <em>ADV</em>'s <a href="http://www.animeuknews.net/news/1693/adv-uk-cancel-kurau-red-garden-releases-piq-closes-down">now-defunct</a> geek culture magazine <em>PiQ </em>has <a href="http://www.gamesetwatch.com/2008/06/column_game_mag_weaseling_wher_1.php#more">published an article</a> explaining its demise. In particular, the author points to <em>ADV</em>'s lack of finance as a key reason as to why they failed with the magazine. Another former editor, this time for <em>PiQ</em>'s predecessor; <em>Newtype USA</em>, <a href="http://www.animenewsnetwork.com/bbs/phpBB2/viewtopic.php?p=593221#593221">explained that</a> "<em>ADV</em>'s ill-advised business "tactics" in late 2007 caused <em><a href="http://en.wikipedia.org/wiki/Kadokawa_Shoten">Kadokawa</a> </em>to pull the <em>Newtype </em>license".</li>
<li><em>ADV </em>recently held a <a href="http://www.animenewsnetwork.com/news/2008-06-26/adv-films-to-auction-surplus-office-supplies">public auction to sell-off old office equipment and furniture</a> as a result of recent staff cut-backs.</li>
<li>On a more positive note, <a href="http://www.publishersweekly.com/article/CA6572652.html?nid=2789"><em>ADV</em>'s <em>Chris Oarr</em> has stated</a> that <em>ADV Manga</em> has not been closed down, even though the label hasn't released anything since volume 13 of <em>Cromartie High School</em>, which came out in February '08. In particular, fans are anxious to read the latest volumes of the zany comedy '<em>Yotsuba&!</em>', but when asked about it's future status, <em>Oarr </em>simply said "‘When will Yotsuba&! come out?’ We don’t know, and we’re not going to lie about it. I’m also not going to go out on the Net every day and say, ‘I don’t know.’ ".</li>
<li>A former editor of <em>ADV</em>'s <a href="http://www.animeuknews.net/news/1693/adv-uk-cancel-kurau-red-garden-releases-piq-closes-down">now-defunct</a> geek culture magazine <em>PiQ </em>has <a href="http://www.gamesetwatch.com/2008/06/column_game_mag_weaseling_wher_1.php#more">published an article</a> explaining its demise. In particular, the author points to <em>ADV</em>'s lack of finance as a key reason as to why they failed with the magazine. Another former editor, this time for <em>PiQ</em>'s predecessor; <em>Newtype USA</em>, <a href="http://www.animenewsnetwork.com/bbs/phpBB2/viewtopic.php?p=593221#593221">explained that</a> "<em>ADV</em>'s ill-advised business "tactics" in late 2007 caused <em><a href="http://en.wikipedia.org/wiki/Kadokawa_Shoten">Kadokawa</a> </em>to pull the <em>Newtype </em>license".</li>
<li><em>ADV </em>recently held a <a href="http://www.animenewsnetwork.com/news/2008-06-26/adv-films-to-auction-surplus-office-supplies">public auction to sell-off old office equipment and furniture</a> as a result of recent staff cut-backs.</li>
<li>On a more positive note, <a href="http://www.publishersweekly.com/article/CA6572652.html?nid=2789"><em>ADV</em>'s <em>Chris Oarr</em> has stated</a> that <em>ADV Manga</em> has not been closed down, even though the label hasn't released anything since volume 13 of <em>Cromartie High School</em>, which came out in February '08. In particular, fans are anxious to read the latest volumes of the zany comedy '<em>Yotsuba&!</em>', but when asked about it's future status, <em>Oarr </em>simply said "‘When will Yotsuba&! come out?’ We don’t know, and we’re not going to lie about it. I’m also not going to go out on the Net every day and say, ‘I don’t know.’ ".</li>