Media and telecommunications company Dwango , animation Studio Khara , media company Kadokawa , entertainment agency INCS Toenter , and media company Asobi System Holdings announced on Tuesday that they established a new production studio named Lide through a joint venture on December 14. The new studio will focus on producing virtual anime and virtual characters. Daisuke Yokosawa , the chief content officer of Dwango , is serving as Lide 's president, and the company has 100 million yen (about US$900,000) in capital, including capital reserve.

The studio's first project is the Virtual-san wa Miteiru ( Virtualsan-Looking ) television anime about virtual YouTubers or VTubers — characters popularized via videos on streaming services and user-generated content sites. Dwango unveiled the anime on Tuesday, during the same event that announced Lide . Anime director and Khara founder Hideaki Anno contributed ideas to the anime, and Yokosawa serves as the project's executive producer. Shinnosuke Suzuki , a deputy director general for new business development at Dwango and a board director of Lide , is serving as production producer on the anime.

Thanks to Kamieichi for the news tip.