Wit Studio, Inc., the famous animation studio known for Attack on Titan, Owari no Seraph, Kabenari of the Iron Fortress, Spy x Family, etc. has begun strengthening its business in the Middle East. It is revealed that on May 31, 2024, Wit Studio, Inc. acquired a portion of shares of the content production company qdopp, Inc.
qdopp, Inc. is a content-related production and overseas business consulting Company which specializes in the Middle East. This company runs and manages various websites which include:
Online Information Media Website – Honey’s Anime
Web Novel Community Website – Honeyfeed
This company also provides Overseas Promotion Consulting and High-quality translation services in the Entertainment industry, Wit Studio, Inc. will acquire 14.3% outstanding shares of qdopp, Inc. The transfer price is undisclosed.
In recent years, the anime industry has been showing increasing interest in the Middle East region, which has very high growth potential as a future leading market. However, many companies and studios do not have sufficient knowledge to enter Middle East’s market in the anime business.
In recent years, the anime industry has been showing increasing interest in the Middle East, which has high growth potential as a future leading market. However, many Japanese companies Lack knowledge of the emerging Middle East market in the anime business.
After acquiring shares in qdopp, Inc., which has deep knowledge about the Middle East market, Wit Studio, Inc. can proactively respond to this situation.
With this investment, WIT Studio, Inc. hopes to strengthen business ties in the region as well as the global development of their anime. This is likely to be an important part of IG Port’s strategy to strengthen its overseas business. Bookmark our website for more updates!
Source: Animation Business Info