Complex sentence: In November 2016, the company has been shut down, and a majority of their titles have since been re-licensed and re-released by Discotek Media and Sentai Filmworks.
Split into simpler sentences: In November 2016, the company has been shut down. Before the company was shut down, a majority of their titles have since been re-licensed and re-released by Discotek Media and Sentai Filmworks.