MediaWorks emerged in 1992 from Kadokawa Shoten, at the time lead by president Haruki Kadokawa (角川 春樹 Kadokawa Haruki), and younger brother and vice president Tsuguhiko Kadokawa (角川 歴彦 Kadokawa Tsuguhiko), the company which was founded by their father Gen'yoshi Kadokawa (角川源義 Kadokawa Gen'yoshi). Citing differences in the interests of business direction, Tsuguhiko resigned to start MediaWorks, with a large contingent from Kadokawa Shoten joining the switch. In 1993, after Haruki was arrested for cocaine smuggling, he lost his presidency at Kadokawa Shoten and soon Tsuguhiko took over his place by holding president positions for the two companies. Kadokawa Shoten was later made the parent company of MediaWorks. Tsuguhiko also became the CEO of Kadokawa Holdings, Inc. - Wikipedia
