Japanese distributor Xanadeux goes out of business

MUMBAI: Distributor Xanadeux has turned out to be one of Japan‘s small to medium-sized distributors to go out of business. This follows a contraction in the territory‘s independent film and DVD markets.

Founded in 1996, Xanadeux gained notice for the Tamil-language release Muthu (aka The Dancing Maharaja) in 1998, which grossed $2m of its $6m worldwide box office in Japan and made Tamil superstar Rajnikant famous amongst the people of Japan.

Other Xanadeux releases included The Limey, Rob Zombie‘s 2007 Halloween remake, Yoichi Sai‘s Blood And Bones and J-horror releases Juon and Juon 2, on which it also served as production company.

Xanadeux was set to co-distribute director Sabu‘s The Crab Cannery Ship (Kanikosen) but left IMJ Entertainment, the film‘s producer, to handle distribution duties despite its lack of such operations. Upcoming releases including omnibus New York, I Love You are in limbo.

Several more small-to-medium sized companies are in financial trouble.

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