
Nikkatsu's "Sasurai no Koibito"
Gamespot: Namco sells movie subsidiary
Namco announced today that it will sell its movie subsidiary Nikkatsu Corp. to USEN, a broadband Internet service provider. Details have not yet been finalized, but the multibillion-yen deal is expected to be completed in May...During the 1970s, Nikkatsu Corp. was reduced to producing soft-core pornography; in 1993 it filed for bankruptcy. The company made a comeback after Namco invested approximately 3 billion yen in 1993. In 1997, Nikkatsu was made into a Namco subsidiary after it helped produce and distribute the film, Neon Genesis Evangelion. Namco currently owns 74.44 percent of Nikkatsu shares, most of which are scheduled to be handed over to USEN.