[[quoteright:225:http://static.tvtropes.org/pmwiki/pub/images/Sentai_Filmworks_logo_6041.jpg]]

Update: May 5, 2010: The [[http://www.sentai-filmworks.com Sentai Filmworks website]] is now online.

On September 1, 2009, Creator/ADVFilms announced that it sold most of its assets to five different companies, all of whom are based in UsefulNotes/{{Houston}}, Texas. Although it may appear that the company is essentially dead, [[http://www.animenewsnetwork.com/editorial/2009-09-01/what-happening-with-adv-films some industry observers]] believe that the move is an attempt to end a relationship with a hostile shareholder that has damaged the company while still maintaining its core competency and catalog.

* SwitchbladePictures acquired Japanese live-action films properties for distribution in the North American market.
* Sentai Filmworks is the [[http://www.sentai-filmworks.com/index.php?option=com_content&view=article&id=82&Itemid=85 licensor company]] for acquiring Japanese anime into the North American market.
* {{AEsir Holdings}} has licensed rights to most of ADV Films' former library of titles (some titles are licensed directly by Sentai Filmworks).
* SeraphimDigitalStudios acquired Amusement Park Media, ADV's production studio.
* ValkyrieMediaPartners acquired the AnimeNetwork. [[http://www.theanimenetwork.com/ The Anime Network website]] (on-line player and forum) continues to operate as it did before the sale.
* Section23Films is a distributor and marketing company of SwitchbladePictures, Sentai Filmworks, and {{AEsir Holdings}}.

After the September 2009, new releases typically have these credits:

||align=center
|| (anime) Licensed by||Sentai Filmworks ||
|| (live action) Licensed by||SwitchbladePictures ||
|| Distributor||Section23Films ||
|| DVD Production||SeraphimDigitalStudios ||
|| Internet Streaming||AnimeNetwork ||


See Section23Films for the list of anime series formerly licensed by Creator/ADVFilms.
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