Gkids, North American Distributor Of Animated Oscar Perennials, Is Acquired By Japanese Media Giant Toho

Gkids will continue to operate as a wholly owned subsidiary of the Los Angeles-based Toho International.

Gkids Founder Eric Beckman will remain as CEO, and Dave Jesteadt will remain as President.

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‘The Boy and the Heron’

‘The Boy and the Heron’Studio Ghibli

Toho also achieved a milestone beyond its home country in 2023 withGodzilla Minus One.

Those assets are intended to complement the licensing, merchandising and e-commerce operations of its Toho International banner.

It also livens up the sector where Sonys Crunchyroll, Netflix and others have ramped up in recent years.

Financial terms of the deal were not disclosed.