Tsuburaya Productions, the creator of the Ultraman TV series and features, is being acquired by TYO, an advertising, film, and animation company.  TYO plans to restructure Tsuburaya and make extensive use of the Ultraman property. 

Ultraman holds the record for the most spin-off series of any property.  There were over 20 different live action and anime TV series based on the property accounting for hundreds of episodes, as well as dozens of features.  The property's many characters have also served as the basis for toys and videogames. 

TYO has produced several anime series, including Appleseed Ex Machina.