Takashi Murakami's Company Faces Bankruptcy Following COVID-19 Pandemic
Forcing to cancel the production of upcoming sci-fi feature film ‘Jellyfish Eyes Part 2: Mahashankh.’
Acclaimed Japanese artist Takashi Murakami has just revealed that his Tokyo-based company Kaikai Kiki is facing potential bankruptcy following the coronavirus pandemic. Taking to Instagram, the artist talks about a handful of cancelled projects in a 15-minute long clip, including the production of his sci-fi feature film Jellyfish Eyes Part 2: Mahashankh. “For nine long years, I had persevered! It was a film that was to realize my childish dreams!” said the artist, adding, “The enormous budget I poured into this project, as well as my tenacious persistence, put a constant and tremendous stress on my company’s operation for the past nine years. But at the same time, I was able to endure various hardships because I had this project.”
Murakami also explained that the film will be transitioned into a series of videos, detailing the discontinuation of Jellyfish Eyes Part 2. “I don’t know how many episodes the series will end up being, but a series it will be, so please come along with me on this journey for a little while.”
Despite the tough cancellations due to COVID-19, Murakami will be involved in Kanye West and Kid Cudi‘s upcoming KIDS SEE GHOSTS animated show, teased earlier this week. Watch Murakami’s full video below.