From the Japan Times today:
The deepening Japanese recession and rapid shift in the overall landscape surrounding the Japanese anime industry have caused many to fear for the future of one of the nation's most prized cultural exports.
"The global fan base for Japanese anime is increasing, but with the old business model crumbling it isn't translating into profits," said Yasuo Yamaguchi, executive director of the Association of Japanese Animations.
The greatest obstacle to the future of the industry lies in the illegal Internet sites that provide free Anime content for download. "These sites upload programs almost immediately after they are broadcast in Japan," accompanied with "fan subs" - English subtitles translated by fans," Keisuke Iwata said. "This is causing a very big dent in sales."
Full Article:
Future of 'anime' industry in doubt | Japan Times