We purchased ‘Red Dot’ - the wildly popular Manga character (now a “Manka” character – ha ha) from Kodansha, Ltd. - for $300 million.
I realize that is a shit load of money for a little red dot that doesn’t really do anything – but I have been assured that this is a very popular character with the kids (especially boys 9-14). So the acquisition price will seem like peanuts in the long run.
Many of you are probably wondering how this acquisition came about so quickly.
For one thing, I am very good friends with Kodansha President Sawako Noma. She would probably hate that I’m telling you all this, but we used to date in the early 1980s.
At the time, Japanese companies were buying up a lot of American companies (thank you Ronald Reagan) and she came over to the studio to ‘kick the tires’, if you will. I won’t go into details but to say that she ‘kicked the tires’ for two straight hot weeks (including an unforgettable weekend in Vegas). But then she was recalled to Japan by her family and that was that. They didn’t buy the studio. My heart was broken.
Life hasn’t been the same since.
So welcome Red Dot to the Manka Bros. Family of Characters!
I really don’t get why it’s popular. It’s just a stupid red dot that anyone can draw – but I’m not a 9 year old boy.