Anime powerhouse Studio Ghibli is set to become a unit of Nippon Television Holdings in October, the broadcaster announced on Thursday.

Studio Ghibli will be headed by Hiroyuki Fukuda, the senior operating officer and board director at Nippon TV.

Studio Ghibli President Toshio Suzuki will assume the position of chairman, while Hayao Miyazaki, the famed filmmaker and co-creator of the studio, will be its honorary chairman.