Viz Media Creates Publishing Entity

Viz Media has announced that one of its parent companies, Japanese publisher Shueisha, Inc., has made an investment in Shogakukan Production Company Ltd., the licensing and merchandising subsidiary of Japanese publisher Shogakukan, Inc., another of VIZ Media’s parent companies. ShoPro will be renamed Shogakukan-Shueisha Productions Co., Ltd. According to Viz, the new entity will help streamline operations and increase flexibility to license titles for global manga and anime markets.