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ADV Films Shuts Down, Parent Transfers Assets to Other Companies (Update 4)
posted on by Egan Loo
Amusement Park Media production unit.
Former ADV Films staffer Chris Oarr has notified ANN that several former staffers have been hired by SXION 23 and the other companies.
Update: All of the new companies are officially based in Houston, the home of A.D. Vision. SXION 23's business filing was dated on May 20, while AEsir Holdings, Valkyrie Media Partners, and Seraphim Studios were filed eight days later on May 28. SXION 23, Valkyrie Media Partners, and Seraphim Studios share the same address in western Houston, 8 miles (13 kilometers) from A.D. Vision. handled distribution and production, is also located in western Houston.
Update 2: SXION 23, Valkyrie Media Partners, and Seraphim Studio are filed under Griffin D. Vance IV's name. Griffin Vance was A.D. Vision's former Senior Vice-President of Business and Legal Affairs, but he now operates his own law practice. Vance's law firm shares the same postal address as SXION 23, Valkyrie Media Partners, and Seraphim Studio.
Update 3: The Anime Network confirms that, since it "has always been a separate entity from ADV," it will continue to operate.
Update 4: John Ledford. SXION 23 will continue to distribute the current orders and future pre-orders that ADV used to fulfill, without changing their schedules.
Update 5: Video Business News posted an article on A.D. Vision. Thanks, Chris Reid.
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