The collapse of Geneon a few months ago left many anime fans wondering about the health of the US anime industry and it’s distribution companies. After hearing the latest news about ADV Films the US anime fan can come to no other conclusion other that the state of the US anime is very poor. In the last couple of weeks ADV  has cancelled it’s Newtype USA magazine, put it’s operations in the UK and Germany on hold, terminated it’s support program for anime clubs, cancelled it’s anime film night in TX, and put almost it’s entire upcoming DVD release schedule on indefinite (at least for now) hold. ADV later released a statement about how it’s working to bring future releases out on Blu-ray, and it will work to get it’s promised series released, don’t hold your breath. While I’ve been working on a long post about the future of the US anime industry I feel that the entire domestic anime industry is on very shaky ground. Many of us older fans have seen this coming for some time now, I’ve seen this type of shake up happened to the sport’s card industry, and the US comic industry. I’ll try and get my post about the problems the industry is having and the way forward for them published in the next two weeks. Below is a copy of the original ICv2 news story about ADV, the original story was pulled shortly thereafter, but I found a copy and it’s available for your viewing. I love anime and only hope for the best for the industry, I had planned on buying many of the pulled ADV titles.