A cartoon tale featuring swarms of carnivorous fiends might not sound like classic cinema fodder, but that’s exactly what the latest Demon Slayer film proved to be.
This cinematic entry set new records for anime, racking up over $70 million on its opening weekend in the United States and exceeding £535 million globally. To put that in context, the anime landmark Ghost in the Shell, which debuted in 1995, earned approximately £2 million worldwide.
In the intervening three decades, anime has evolved from an underground phenomena to a true saviour during one of the worst fall cinematic downturns in modern history.
“We have spent the last eight years building this fanbase,” notes an senior from a leading anime platform. “Following the pandemic, that fandom has just persisted to grow.”
A key keys to its triumph has been the steady cultivation of a worldwide fanbase for series like Demon Slayer, which boasts a successful TV series and a prior theatrical success with 2020’s Demon Slayer the Movie: Mugen Train.
Anime originated in Japan during the 1950s, but its definitive world breakthrough came in 1988 with Akira. This futuristic tale pioneered a darker, adult-oriented brand of animation whose influence can be seen throughout modern culture.
Today, Demon Slayer symbolizes anime gatecrashing mainstream cinema and establishing Japanese animation as a valuable rich resource in an era where IP is king. Most anime begin life as Japanese comics, offering decades of backstory for studios eager to develop them into Marvel-sized franchises.
Its expanded international influence means anime appears in surprising places. Professional fighters, top-tier footballers, and other sports stars have referenced anime in their triumphs. Some commentators have labeled the art form as “a lingua franca for young people all over the planet.”
“It’s part of young people’s identity,” says an anime expert based in Tokyo. “I think that really is fuelling this rise of anime, not just in the US, but globally.”
The surge in interest is also attributed to “Oshikatsu,” a fan culture of devout support supercharged by phenomena like K-pop. Enthusiasts don't only watching; they are buying merchandise and posting their passion on social media.
The government of Japan is betting big on anime as a key part of its “Cool Japan” strategy. This soft-power initiative aims to boost the national economy by leveraging hardcore fandom to drive cultural tourism. Leaders hope the strategy can bring in significant revenue annually by 2033.
This represents a significant shift for a country traditionally guarded of its culture. “Japan's home market was large enough for a long time,” notes the Tokyo-based expert. “It was an secondary consideration to spread this culture internationally.”
In the world of anime distribution, major platforms like Netflix loom large. The streamer states that the number of subscribers watching anime on its platform has increased threefold in the last five years, with voice-overs produced in dozens of languages to meet worldwide demand.
The future is packed with major releases. Second and third instalments in the Demon Slayer saga are planned, although fans will have to wait until 2027 and 2029. Before then, a real-world adaptation of One Piece and new seasons of other hit series are set for release.
The stories are grand, but so are the financial rewards of anime’s apparently unstoppable rise on the world stage.