On September 1, 2009, ADV announced that it was selling off its assets, including intellectual properties, its distribution arm and the Anime Network to four companies: Seraphim Studios, AEsir Holdings LLC, Valkyrie Media Partners LLC and SXION 23 LLC.
Pada tanggal 1 September 2009, ADV mengumumkan bahwa mereka menjual aset-asetnya, termasuk kekayaan intelektual, lengan distribusi dan Anime Network kepada empat perusahaan: Seraphim Digital Studios, Asir Holdings LLC, Valkyrie Media Partners LLC dan SXION 23 LLC.