MyAnimeList (MAL) announced plans to issue new shares, increasing its capital by a total of 1,200 million yen (about US$11.33 million) through a third-party allotment.
MyAnimeList is one of the largest anime database websites and every fan’s favorite when sourcing for anime information.
Investors and Future Improvements
Japanese publishers, Kodansha, Shueisha, and Shogakukan have joined the MyAnimeList parent company, MEDIA DO Co., Ltd, to invest in MyAnimeList, implementing a third-party allotment and underwriting half of the platform’s newly increased capital.
MyAnimeList immediately plans to invest the funds obtained from the third-party allotment judiciously and the funds will go a long way in improving MyAnimeList, both the apps and the website, as a whole.
The funds obtained from the investment so far will go into the acceleration and expansion of its platform, accessibility for new and returning users, information exchange, increased server robustness, and better interconnection between fans and businesses.
The company’s immediate plans to achieve these goals include implementing infrastructure changes to increase speed and support advanced UI/UX features, multi-language support for databases and user lists, iOS and Android application improvements such as dark mode and social functions, and upgraded user communication tool enhancements for increased information sharing.
MAL Won’t Disappoint
MyAnimeList currently boasts a content database of over 250,000 user-maintained entries, over 375,000 reviews and recommendations, and a collection of approximately 18 million active monthly users in over 230 countries.
MyAnimeList launched in 2005 and is en route to becoming one of the more famous and important anime-related websites. A lot of changes have recently taken place such as DeNA purchasing the site in 2015. Media Do Holdings later acquired the site from DeNA in January 2019.
Surprisingly, MyAnimeList opened a digital manga store in partnership with Viz Media and Kodansha Comics in March 2018. DeNA previously partnered with Anime Consortium Japan (ACJ) to stream anime on MyAnimeList by embedding videos from ACJ‘s now-defunct Daisuki streaming service.
MyAnimeList later added anime embedded from Hulu and Crunchyroll. HIDIVE formed a partnership with MyAnimeList in September 2019.
With MAL getting the much-needed funds to improve on the great work they have done so far, our expectations are high for what is to come. Are you as stoked as we are? Tell us your thoughts.
Madly in love with anime and football...... it's disturbing.