Takashi Murakami’s Company Is Facing Bankruptcy Due to COVID-19

Tuesday, Japanese artist Takashi Murakami took to Instagram to inform the world of his companies bankruptcy saying “with the sudden swoop of COVID-19, my company faced bankruptcy and I had to give up a number of projects, the most symbolic of which being the production of my sci-fi feature film, Jellyfish Eyes Part 2: Mahashankh.”

The 15-minute video, filmed on May 23, Murakami emotionally provides a prelude to part 1 of a docuseries that he will be sharing on Instagram, which details the winding journey that went into making his first film, Jellyfish Eyes Part 1 and Part 2. The artist has stated he believes that by showing this footage, young artists can learn from his mistakes and avoid the pitfalls that befell him and his passion project. Murakami said he started working on Jellyfish Eyes Part 2 all the way back in 2012. Part 1 wasn’t released in Japan until 2013, and came out in the United States the following year. 

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