CEO of Key/Visual Arts to retire, Key/Visual Arts to be acquired by Tencent Holdings
Submitted 1 year ago by dvdnet90@lemmy.world to visualnovels@lemmy.comfysnug.space
Submitted 1 year ago by dvdnet90@lemmy.world to visualnovels@lemmy.comfysnug.space
Spectacle8011@lemmy.comfysnug.space 1 year ago
Big news! Thanks for posting this.
The CEO gives his reasons for retiring here:
I won’t quote the whole article, but I’ll paraphrase:
“The company is doing great—in fact, we just had our best year, in the middle of these trying economic times. Even so, I’m 63 this year, but we don’t really have a successor in line. If something happened to me, the company would have no choice but to fold, and I really want to avoid that. I don’t want to lose this legacy of amazing work we’ve created. This left us with the decision to seek out a company to acquire us. We landed on Tencent, the world’s leading entertainment company, and we are going to become a subsidiary of them.”
“I can say with confidence that, basically, regardless of what happens to me, this company will keep operating at full capacity in the same way it has been until now. There’s still plenty our staff want to accomplish—and part of that is creating the world’s most valuable IP—but we want to continue with visual novels, kinetic novels, anime; everything we’ve been doing until now. If you think about it, we’ve been around for 33 years now, creating characters and worlds people love.”
It’s a long post and I didn’t read it all yet, but that’s about the first half of it (with some judicious cuts). It was an interesting read. Also, I didn’t capture the writing style at all 🙂