If anything, that should have been the first indicator that the company was destined to fall. 2006 was the year that the anime bubble burst in North America and the industry went through a lot of big bumps and falls until about 2009, and here was Illumitoon coming in with four fairly long titles as their debut. Bobobo was already airing on TV and was aimed to be their biggest seller, but unfortunately none of the other three titles made it to TV. Still, Illumitoon decided to continue and keep their promise of delivering dual-audio DVDs, and then the bigger problem showed itself. The first release from Illumitoon was Beet the Vandel Buster Volume 1 in early 2007, and boy was it a horribly-done DVD release. The video encoding was bad, the opening and ending themes were cut out and replaced with original tracks (though the original sequences were viewable as extras... Which had even worse video encoding than the episodes themselves!).
The menus were also atrocious, there was word of some copies simply not working, and instead of traditional subtitles for the Japanese audio there were instead "dubtitles" (a.k.a using the English dub script as the subtitles, which never works that well), closed-captioned ones at that! It was a horrific DVD release that shouldn't have been seen in 2000, let alone 2007. While I only listened to a little of the dub I don't think it could have been horrible, considering that Illumitoon used a lot of the same people FUNimation used and still use to this day. Following that was Bobobo Volume 1, which not only had all of the same problems as Beet but added one more. Bobobo uses a lot of pop-culture references and visual gags, and in the Japanese audio a lot of it might have to be explained, not to mention the potential subbing of on-screen signs and gags that were important. Illumitoon had nothing of the sort, which made watching it in the original Japanese almost impossible to enjoy. B't X Volume 1 was the third release and wasn't any better.
To their credit, though, Illumitoon did start up a service where disappointed buyers could send in their DVDs and receive a fixed DVD that had proper subtitles, though whether the video encoding was fixed is unknown and Bobobo still had no supplementary subtitles. Apparently reprints of these DVDs also had the fixes, but fans were angered once again when they saw that their replacement copies were actually burn-on-demand DVD-Rs rather than properly-pressed discs. Illumitoon delayed the release of Beet Volume 2 while Bobobo Volume 2 came out with no delays, though this was before or during the replacement program so this release also had the same problems as the original three releases. Illumitoon would get one more release, B't X Volume 2, out before their distributor, Westlake Entertainment, dropped them. This left Illumitoon unable to release anything, and in October of 2007 Right Stuf announced that all future releases from Illumitoon would be discontinued.
This is the only shame in the end, since B't X Volume 2 actually wasn't a bad release, as the video encoding looked good, the original theme songs were kept intact for the Japanese audio (and the dub's ending theme was simply an instrumental version of the Japanese ending theme!), and there were actual subtitles instead of "dubtitles". Still, I call this a case of "Too Little, Too Late" and one good release wasn't going to help Illumitoon anyway. In just one year Illumitoon was in the same position as Central Park Media and Urban Vision, with nothing new coming out and no one talking. Hell, AM Driver never even got a DVD release at all!
Since the TAN team up Illumitoon hasn't done or said anything, aside from updating the copyright listing on their website every year until this recent suspension. Hell, even though Corporation Wiki has a listing for Illumitoon that was last updated this past March, the telephone number it lists for the company isn't even in service anymore. When the website for the company has been suspended and the telephone number isn't in service, one naturally starts to think that the company isn't alive anymore. If that's the case then I say we need a mass license rescue here! Though your mileage can wildly vary with Bobobo, Illumitoon's licenses are all very solid titles. Beet the Vandel Buster is a cool throwback to a simpler time of shonen action and would definitely appeal to fans of DBZ (especially since the mangaka duo who created Beet were giant fans of DBZ and have a similar look), Get Ride! AM Driver is a cool mix of power suits and alien fighting that hits a surprising twist in its first 13 episodes, and I've already covered how good B't X is. There is no reason why these shows shouldn't be given an actual chance to shine, and it would be truly a shame to see them ignored due to Illumitoon's incompetence.
I say we should start contacting companies and make them know that there are still people who want to see these shows given proper releases! Try out whoever you want: Sentai Filmworks (B't X and AM Driver are probably still titles they have interest in), Media Blasters, Discotek Media, Bandai Entertainment... Hell, maybe even FUNimation might be interested in one of them. You never know until you try.