section_path: History/Nippon Television era
section_name: Nippon Television era
paragraph_text: Nippon Television era
  
  In October 2023, the studio became a subsidiary of Nippon Television Holdings, Inc.. Studio Ghibli's leadership transitioned to Hiroyuki Fukuda, a senior executive at NTV. Toshio Suzuki became chairman and Hayao Miyazaki became Honorary Chairman. Nippon TV acquired a 42.3% stake in Studio Ghibli. The decision was driven by the advanced ages of Miyazaki and Suzuki, aged 82 and 75, respectively. The studio had considered Miyazaki's son, Goro Miyazaki, as a successor but opted for external leadership due to concerns and Goro's reluctance. NTV started to handle management, allowing Studio Ghibli to focus on creative endeavors. The takeover took effect on October 6.
  
  In 2024, the studio received an honorary Palme d'Or at the 2024 Cannes Film Festival, the first film production company to receive the award.
  
  In October 2023, the studio became a subsidiary of Nippon Television Holdings, Inc.. Studio Ghibli's leadership transitioned to Hiroyuki Fukuda, a senior executive at NTV. Toshio Suzuki became chairman and Hayao Miyazaki became Honorary Chairman. Nippon TV acquired a 42.3% stake in Studio Ghibli. The decision was driven by the advanced ages of Miyazaki and Suzuki, aged 82 and 75, respectively. The studio had considered Miyazaki's son, Goro Miyazaki, as a successor but opted for external leadership due to concerns and Goro's reluctance. NTV started to handle management, allowing Studio Ghibli to focus on creative endeavors. The takeover took effect on October 6.
  
  In 2024, the studio received an honorary Palme d'Or at the 2024 Cannes Film Festival, the first film production company to receive the award.