Top Middle East broadcaster MBC Group has forged a partnership with U.S. anime and manga distributor Tokyopop under which they are forming a hub dedicated to the licensing, promotion, and production of anime content in the region.
The joint venture, called MBC Anime, is led by Stu Levy, the American anime and manga expert who is founder and CEO of Tokyopop, a prominent international distributor, licensor, and publisher of anime and manga.
Through the new initiative, MBC Anime “will commission, produce, and invest in a series of world-class quality anime titles,” according to an MBC statement.
MBC Group has “Plans to heavily invest over the next several years in the venture, with an ambition to expand further after this time frame,” the statement said.
“During the first investment period, MBC Anime aims to forge substantive relationships with key anime studios in Japan, supporting and investing in a multitude of compelling projects,” it noted.
“Anime and manga are incredibly popular in the Middle East and North Africa, with Saudi Arabia being the leader in terms of viewership in the region,” said MBC Group CEO Sam Barnett in the statement.
“We are thrilled to announce that Stu Levy has joined us to head up MBC Anime. Stu is a renowned figure in the anime industry, known for his expertise in distribution, licensing, and publishing. We’re very excited about the prospects for this cooperation,” the statement went on to add.
Commented Levy: “Having worked with the talented team at MBC Group over the past couple of years, I’ve been impressed by their licensing approach and dedication to the space. Their commitment to not only anime, but building long-term relationships in Japan made me confident of the real potential for exciting growth opportunities working together.”