GKIDS Acquired by Toho

[sonicyogurt]

From Variety:

Animation distributor GKIDS has been acquired by Japan’s Toho.

GKIDS will become a wholly-owned subsidiary of the Los Angeles-based Toho International. Founder Eric Beckman will remain as CEO of GKIDS, and Dave Jesteadt will remain as president.

n acquiring GKIDS, Toho adds an established and highly regarded North American theatrical and home entertainment distribution, marketing, and sales operation to complement the licensing, merchandising, and e-commerce operations of its Toho International banner. In turn, GKIDS will be able to tap the synergies and capabilities of the larger Toho parent group, while maintaining its distinct brand, organization, and management team

With seemingly the same team in place, presumably we won't see the home video end of things disrupted too much?