Has Studio Ghibli Made Its Last Movie?

Future Totoros and Ponyos may not eventuate; Studio Ghibli have announced a hiatus to their animation feature film department. Surrounded by rumours of an outright closure, Studio Ghibli's general manager, Toshio Suzuki, announced the movements on Japanese television today as a "brief pause".

Responsible for the likes of Spirited Away, Grave of the Fireflies, Howl's Moving Castle, Princess Mononoke, Ponyo and My Neighbour Totoro among many, many other beloved tales, the animation studio is reassessing its filmic future. The news comes just under a year after legendary, Oscar-winning director Hayao Miyazaki announced his retirement in September 2013 and released his final film The Wind Rises in February this year.

Differing translations of Suzuki's announcement caused minor havoc online (notably fuelled by so-called Ghibli insiders at Japanese website News Cafe and subsequently quashed by Kotaku). Although most thought the studio was closing its doors for good, newer, more accurate translations cleared things up. "On what to do with Studio Ghibli’s future, it is by no means impossible to keep producing [movies] forever," said Suzuki on the TBS program Jonetsu Tairiku. "However, we will take a brief pause to consider where to go from here." Producer and co-founder Suzuki stepped into Miyazaki's shoes and became general manager when the director retired from Ghibli last year, joining forces with other Studio half, director Isao Takahata (Grave of the Fireflies).

So why is Ghibli shutting up shop? It seems to be a matter of money, a fair reason to reassess in a Michael Bay-peppered, box office landscape. According to Anime News Network, Studio Ghibli's latest film,When Marnie Was There opened at number three over the first weekend (July 19 - 20) with 378,790,697 yen (US$3,721,297) on 461 screens. That seems like a whole bunch, but the international market isn't so kind to arthouse-designated Ghibli. Marnie is set to hit US cinemas some time next year, with Australian release dates still TBC. Ghibli haven't covered up their financial struggle, most notably considering 2013's The Tale of Princess Kaguya a flop with tiny box office numbers (a huge step down from 2002's Acadamy Award-winning hit Spirited Away, which took US$274,925,095 worldwide).

Suzuki said the studio is considering "housecleaning" or restructuring internally. While this doesn't entirely rule out a future shutdown, it seems the pause is centred around rebuilding the studio, managing copyrights and trademarks and possibly freelancing out projects — a good sign for Ghibli fans. But Kotaku has assured fans that Studio Ghibli is not dead yet, so we'll keep those good vibes delivered via Kiki and keep fingers crossed.

Via Anime News Network, Kotaku and Hypable.