Anime industry hits $2.45 billion, yet 60 per cent of studios see declining profits; what does it mean for fans

Japanese anime industry is experiencing record growth with an estimated market of $2.45 billion in 2024. Teikoku Databank survey reveals a concerning trend. Many production studios are facing revenue decline and operating losses. A shortage of animators and extended release schedules contribute to the problem. The number of new anime series produced has also decreased.