Navarre has 6 buyers interested in FUNimationMost of you are probably aware that FUNimation is being sold by its parent company, Navarre. While it's still a bit of an uncertain situation, there might be some good news on the horizon. Currently, Navarre has six buyers interested in FUNi, and is expecting final offers from these companies within "30 to 60 days" though this does not guarantee that a deal will take place. The CEO and president of FUNimation, Gen Fukunaga, signed a new contract in May that will require him to assist in the sale of the company, and for doing so he will receive $250,000 or 5% of the contract, whichever is greater. That's a pretty nice incentive to make sure the deal goes through well, and certainly for more money. The interest of these buyers is certainly a good thing, and hopefully FUNimation will be sold soon, ensuring continuing North American licensing from the company for a long time to come. The outlook seems good, as even parent company Navarre is not selling FUNi due to disappointment, but rather a desire to focus on other endeavors. There's no word on who the lucky bachelors are, but as soon as we hear names, we'll be on it faster than Snooki on a pickle. Did you know? You can now get daily or weekly email notifications when humans reply to your comments.
Legacy Comments (will be imported soon)It is good to see there is interest in Funimation, but I'll reserve judgment on whether being purchased is a good thing or not until we see the new owners and their strategy. Navarre has been a supportive owner and see to care about Funimation's best interest in this sale, but we won't know what the purchasing company is actually going to do until they are in control. we could see cut backs of licenses, we could see major changes. We could also see the new corporate masters taking a more active role in the company which could mean more money infusion but also decisions made by parent company people that don't understand the business. So I am trying to be cautiously optimistic at the moment but with worries due to how important Funimation is to the U.S. anime market. To be fair, one of them was me. I offered to throw in my VHS subs of Tenchi Muyo to sweeten the deal, but so far no call back... Since a company selling off property or an internal company makes money after the sell, their stock value goes up. When I first heard about Navarre wanting to sell off Funi, I immediately bought some shares and started waiting for the day this would finally happen. I'll be glad to sell them off, too (Navarre is such a piddly little company, haha). Also, I'm not too worried about Funi. The way they have made it sound, Navarre and Funi are working together to base the sell on a little more than the amount of money being paid. I am optimistic that they will go to the right people. 7:00 PM on 06.19.2013 Screening Impact! Eva 3.0 to get a US premiere at JFFSFThe Japan Film Festival of San Francisco can't help but to expand its roster of films before the main event continues its rampage from July 27th through August 4th. Now that FUNi has the inevitable rights to Eva 3.0, the film...
6:30 PM on 06.11.2013 Licensing Impact! FUNimation grabs Evangelion 3.0It's no surprise that FUNimation's going to pick up Eva 3.0, and they have picked a fine occasion to do so. No, I'm not talking about E3, but I might as well be. Back to the main topic at hand, FUNi's announcement was meant t...
8:00 AM on 05.21.2013 Review: Blood-CWhen I watched Blood C in Summer of 2011, I thought it was a show that had a lot of promise. It started out with the distinct feeling that something wasn't right in an idyllic town that was being pressed upon by nightmarish b...
10:48 AM on 05.15.2013 Watch a FUNi employee go insane catching up to One PieceAh, the things people do for One Piece. And for marketing One Piece. Oda-sensei's great pirate baby is heading back to Cartoon Network's Toonami block, much to the rejoicing of nostalgic fans. It's not exactly going to be on ...
2:00 PM on 05.07.2013 Celebrate Mother's Day with free Wolf Children cardsHave you been fretting over what to get your dear Mom this year for Mother's Day? Better hurry up, as it's this Sunday, and you're running out of time! If you're strapped for cash, and not sure how to show Mom you care, Funim...
10:10 PM on 05.06.2013 Gattai: FUNimation's divisions combine into a new groupOh hey, this sounds interesting. It looks like FUNimation is going to consolidate their divisions into a new group known as Group 1200 Media. Under this new name, Group 1200 Media plans to release other forms of entertainment...
10:00 AM on 04.18.2013 Review: A Certain Magical Index Season 1Before I took on the task of watching A Certain Magical Index, I was told that the series evolves into one giant convoluted mess. With the exception of a few terms, the show’s first season doesn't feature anyt...
12:00 PM on 04.10.2013 Red Data Girl stream starts over at Funimation tonightRed Data Girl may have already started airing in Japan last week, but if you've been waiting to watch the P.A. Works show, you're in luck. Funimation will begin airing the show starting tonight! Hulu subscribers, that means y...
6:00 PM on 04.09.2013 First Impressions: Hataraku Maou-sama!Another entry in the increasingly large parade of "Demon King" anime, Hataraku Maou-sama! - FUNimation is streaming the show as The Devil Is A Part-Timer!, a name that seems to imply a different but equally int...
2:00 PM on 03.25.2013 A lot of people tuned into Toonami for the Eva movieIt looks like Toonami had a pretty good evening last week, when it returned to its late night programming block. In fact, close to a million people tuned in to the Neon Genesis Evangelion: You are (not) Alone movie airing. Bo...
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