Bandai Entertainment, part of the company Namco Bandai Holdings, have announced that they will stop releasing new DVD, Blu-Ray and Manga releases in the USA from next month. They will however continue to distribute their existing franchises, but will no longer publish new releases as of February 2012. Their current franchises will still be available after February 2012, and they will still re-stock these items until the respective licenses expire.
This is part of a restructuring of the company, including most of the contracting companies being cancelled and 3 of their 5 full time staff will be made redundant. Bandai Entertainment will then focus on licensing rights to other companies, which will be in particular for digital distribution, merchandising, and broadcasting.
As a result of this news, the following releases have all been cancelled:
DVD and Blu-Ray
Turn a Gundam
Code Geass: Renya (Code Geass: Shikkoku no Renya)
Gurren Lagann vol.7
Lucky Star Boo Boo Kagaboo
Mobile Suit Gundam 00I
Tales of the Abyss: Jade's Secret Memories vol.1-2