Ken Iyadomi announced on January 3rd, that Bandai will stop producing new DVD and Blue-ray releases. This will end their market which lasted 13 years. All releases scheduled after the first week in February have been cancelled.
Bandai Entertainment made this decision last October only now releasing it to the public. The corporate parent at Namco Bandai Holdings made the decision to exit the American home video business. Iyadomi stated "The decision was made in Japan by the contents SBU (Strategic Business Unit)." It has been apparent for some time that the business in North America has shrunk a lot over the last half decade. There are huge doubts that the market will return to its glory days.
"The pricing range for our products kept dropping in Western countries, and people tended only to buy sets with very reasonable prices, which we understand is what fans want, but it lead us to a different strategy than what Japanese licensors wanted," he remarked. "So we always had a problem [with licensors wanting something different than what consumers wanted]."
Series still being released: Star Driver, Tales of the Abyss, The Girl Who Leapt Through Space,
Mobile Suit Gundam (the new release of 0079 with Japanese audio)
All releases after February 2012 have been cancelled. To include: Turn A Gundam, My Ordinary Life, Gosick, Gundam UC (episode 5-6)
The above series will not be released and their rights will go back to their licensors.
Manga being cut short: Kannagi, Gurren Lagann, Code Geass: Renya of Darkness, Mobile Suit Gundam OOI, Lucky Star Boo Boo Kabagoo, Tales of the Abyss: Jade in My Memories
--Update--
ANN added a interview with Ken Ken Iyadomi found Here going into more detail about the downsizing.
--- Randy 
