I’m not too surprised. The last show of theirs I heard about was a generic magical girl show, except it was sponsored by some car company so their broomsticks had tail lights and blinkers on the back.

The legacy of Evangelion is in Studio Khara ran by Hideaki Anno, and the legacy of Gainax has been in Studio Trigger since 2013 when Kill La Kill came out.

they haven't made anything good in a while anyway. what have they been doing all this time?

It all returns to nothing, it all comes Tumbling down, tumbling down, tumbling down

tbh I thought gainax was already dead due to some embezzlement thing

The studio has lost their top talent director Anno and Hiroyoki long time ago and hasn't been making shows recently, so it's not too surprising

Wow what?

Wait...again? Did they go bankrupt years ago?