UPDATE: There are conflicting reports that Toshio Suzuki may have been mistranslated in his TV interview. It seems Studio Ghibli might not be shutting down indefinitely, and will instead only put its film operations on hold between big projects. Hopefully this is the case.
There’s some very sad news for film lovers everywhere.
Studio Ghibli, the Japanese animation house behind acclaimed films like My Neighbor Totoro, Spirited Away, Howl’s Moving Castle, Ponyo, and The Wind Rises, is shutting down and will no longer be making any new movies. Rumours of the closure started heating up last year when co-founder Hayao Miyazaki announced his retirement, and it was made official earlier today when general manager Toshio Suzuki confirmed on Japanese television that they’re shutting down. Although all of their film’s have been praised by critics and even picked up a few Oscars, the more recent ones failed to make a big enough profit at the box office to keep the studio open.
The final film from Studio Ghibli, titled When Marnie Was There, premiered in Japan last month and will find its way to North America this fall. Studio Ghibli also worked on the PS3 game Ni no Kuni: Wrath of the White Witch. You can watch our retrospective on the studio by clicking here.
Sorry guys but this is wrong, I have two links that have more info on what they are up to