Streaming content distributor DAISUKI announced on Tuesday that it will terminate its international anime streaming service by October 31, 2017. DAISUKI, which began its service in 2013, is owned and operated by Anime Consortium Japan and was acquired by Bandai Namco Holdings in a 2.1 billion yen buyout in March.

The site was opened following the 2012 establishment of a joint venture among Asatsu DK, Toei Animation, Aniplex, Sunrise, TMS Entertainment, and Dentsu. In 2014, ownership of DAISUKI was transferred to Anime Consortium Japan, with Bandai Namco Holdings and the Cool Japan Fund state investment board joining the company's shareholders. In the following year, they were joined by publishers Kodansha, Shueisha, Shogakukan, and Kadokawa, card game creator Bushiroad, and merchandise firm Good Smile Company.

MyAnimeList's parent company DeNA previously established a partnership with Anime Consortium Japan to embed DAISUKI's streaming content, such as The iDOLM@STER Cinderella Girls and God Eater, on the website. At Anime Expo 2016, Anime Consortium Japan announced it was adding a premium subscription service to DAISUKI which provides access to a larger selection of simulcast titles and older titles. Registration for new premium subscribers closed on July 1.

Variety reports that Bandai Namco had planned to make Anime Consortium Japan a more nimble operator as DAISUKI was facing stiffening competition from other streaming services.

Source: DAISUKI