Industry news source Anime! Anime! Biz reported on Thursday that anime studio Manglobe filed for bankruptcy on Tuesday. The report confirms earlier speculation of Manglobe’s insolvency.
The report notes that Manglobe has been insolvent for some time, and was investigating ways to settle its debts, but was in a state where it was unable to continue its current business. The report mentions that work on current projects had been proceeding up until the company filed for bankruptcy. Continue reading