Anime News Network Has Been Acquired by KADOKAWA

ANN (Headquarters: Quebec Province, Canada, President: Christopher Macdonald, hereinafter "ANN") and KADOKAWA CORPORATION (Headquarters: Chiyoda-ku, Tokyo; President and Member of the Board: Takeshi Natsuno; hereinafter "KADOKAWA") announced today that they have reached an agreement for KADOKAWA to acquire a majority stake in ANN's media business.