This past Sunday, Studio Ghibli representative director and co-founder Toshio Suzuki announced some changes in the studios future after rumors of the company’s demise for the last few years.
Studio Ghibli has been responsible for many beloved animated movies, not limited to Spirited Away, My Neighbour Totoro, and Howl’s Moving Castle. But they made no secret about the fact that in recent years they have been struggling financially, with their most recent movies failing to make a profit for the studio.The Tale of Princess Kaguya, released in 2013, made 5.1 billion yen, and was considered a flop by the studio due to the costs of the production. – Hypable
Suzuki didn’t say the company would close but he didn’t dismiss it as a future option either. According to Anime News Network, he went on to say that right now “the studio is considering ‘housecleaning’ or restructuring for now. The end result would be ‘rebuilding’ the studio and creating an environment for the next generation.”
“On what to do with Studio Ghibli‘s future, it is by no means impossible to keep producing[movies] forever. However, we will take a brief pause to consider where to go from here.”
It’s sad that the famed animated film company is dealing with hard times and hopefully this restructuring will be the solution that Studio Ghibli needs to move forward.