IG Port has announced that its subsidiary animation studios Production I.G and Signal.MD are set to merge, with the Signal.MD brand to dissolve. The assimilation will be effective from the beginning of the companies’ fiscal year on June 1. As both studios are subsidiaries of the same parent company, no exchange of stock, money or other assets will take place.
IG Port stated in the announcement that the goal of the merger is to create greater efficiency in managing resources of both studios and improve the group’s overall profitability. Production I.G will remain generally unchanged; it was not explicitly outlined where employees or executives of Signal.MD will go.
Port IG is also the parent company of anime shop Wit Studio (Attack on Titan) and manga publisher Mag Garden.
Signal.MD was formed in October of 2014 under former president Katsuji Morishita. The current President & Representative Director of the studio is Takatoshi Chino.
Most recently, the Signal.MD produced the anime adaptation of Nina the Starry Bride; its notable productions also include Keiichi Hara’s The Wonderland, Napping Princess, DEEMO Memorial Keys and Colorful Ninja Iromaki. Signal.MD and Production I.G were also co-producers on the mech series Shinkalion: Change the World, which launched last spring and is airing new episodes through next month.
Production I.G is known for its work on the Ghost in the Shell and FLCL franchises. Recent productions also include Adult Swim’s Uzumaki, Housing Complex C and Fena: Pirate Princess as well as Kaiju No. 8 and Netflix/Skydance’s Terminator Zero.
[Source: IG Port via Anime News Network]
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