Parakyo Films

Parakyo Films was a Japanese animation studio specializing in advanced animation techniques utilizing machine learning - their application of this tech is what gives S3K its signature, uncannily realistic art style. They were the sole producer and publisher of the anime until they used up all their budget on computer hardware and could no longer continue the series. Following this, Parakyo Films assets were acquired and liquidated by Disney.

History
Parakyo Films was founded in 1995 with the intent to experiment with cutting edge animation techniques. The core of this revolved around the use of machine learning to draw frames for an animation, rather than rely on human artists. The company went bankrupt in 2008 for tax evasion (unrelated).

Bankruptcy and Acquisition
For reasons unknown to the public, Parakyo Films suddenly declared bankruptcy on July 12, 2002. Within a week of this announcement, Disney made an offer to Mar Dhann, the owner of Parakyo Films, to acquire Parakyo Films for $1.5 billion USD. After the acquisition, Parakyo Films failed to release any sort of media until they were liquidated in December 2002. This has led some economists to consider this one of the worst corporate acquisitions in history.

There have been many theories about why Disney paid so much money to Mar Dhann for the acquisition of Parakyo Films, but nothing has been publicly acknowledged by Disney or Mar Dhann.