The story
Founded by ASCII Corporation on Apr 1, 2008.1
ASCII Media Works resulted from a merger between two Japanese publishing companies—ASCII and MediaWorks—on April 1, 2008. The company is a continuation of MediaWorks, but despite this, the former president of ASCII, Kiyoshi Takano, became the president of ASCII Media Works. The company is a member of the Kadokawa Group and is thus affiliated with Kadokawa Shoten, another Japanese publishing company. According to an official press release by Kadokawa Corporation, the merger stemmed from a steady outgrowth in the Internet and mobile parts of society which led publishing companies to branch out to encompass the ever increasing needs and demands of the consumers. Due to mutual company interests, the merger went through to create a stronger company which has more outreaching possibilities than either company could have done on their own.
ASCII brought its expertise with IT and computing. In contrast, MediaWorks brought its expertise of media pertaining to entertainment, such as with visual or printed media including anime, manga, light novels, video games, or magazines covering such media products. In addition to making the combined company more diverse, company management is planned to become more efficient, base revenue is meant to increase, and the company may take on new business opportunities in the future. Enterbrain had been considered for merging with ASCII and MediaWorks, but this was eventually rejected. In April 2011, the video game division of ASCII Media Works was merged into Kadokawa Games along with the video game divisions of Kadokawa Shoten and Enterbrain. ASCII Media Works ceased being a kabushiki gaisha on October 1, 2013, when it was merged with eight other companies to become a brand company of Kadokawa Corporation.
From Wikipedia’s article on ASCII Media Works, shared under CC BY-SA 4.0.4