DesignEXchange Co, the Japanese company which purchased rights to Akira Kurosawa’s screenplays back in 2007, has apparently gone bankrupt and will be dissolved in May. This was reported in ITmedia and Venture Now.
What this means for the screenplay rights is unclear to me, as is how this will impact productions that should already be under away, as for instance The Masque of Black Death, an animated film based on a Kurosawa script that is an adaptation of an Edgar Allan Poe story.
The DesignEXchange company website doesn’t seem to make things any clearer.
I must stress a couple of things here. One is that I am basing this on the two Japanese articles mentioned above. The other is that I am not a native Japanese speaker, nor do I really understand the way Japanese businesses operate, i.e. what this all actually means. If anyone has anything to add or correct, please do so. I know that we have had a few people here who have been in close contact with DesignEXchange over the years.