According to this quite from Anime News Network (ANN) states that
"Bandai Entertainment, the subsidiary of Namco Bandai Holdings (USA) that handles anime and manga in North America, will stop offering new DVD, Blu-ray Disc, and manga releases next month. It will continue to distribute in its existing catalog lineup, but it will no longer produce and distribute new releases as of this February."
The article also states that the company would focus more on selling license rights to other companies that would be more focused on digital distribution, broadcasting and merchandising. Here is the list of cancled products from ANN (ANN):
Anime DVD/Blu-ray Disc
Gosick
Nichijō
Turn A Gundam
Manga
Code Geass: Renya (Code Geass: Shikkoku no Renya)
Gurren Lagann volume 7
Kannagi volumes 4-6
Lucky Star Boo Boo Kagaboo (spinoff by Eretto)
Mobile Suit Gundam 00I
Tales of the Abyss: Jade's Secret Memories volumes 1 and 2
My personal view on this ticks me off because of the amount fans unofficially showing anime and manga to people with out permission of the companies. Although it helps people get an interest into anime/manga for people who cannot afford to buy the media. At the end of the day you would be just taking money of of a person's pockets instead of helping some one out.
http://www.animenewsnetwork.com/news/2012-01-02/bandai-entertainment-to-stop-releasing-new-dvds-bds-manga
P.S. here is a video to hopefully soften the blow of the people who read this article:
