Forum - View topicNEWS: Funimation Parent Navarre Reports Q4 Anime Sales Dip
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Shay Guy
 Posts: 2154 |
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Why, what's it going for? Because price of license aside, Sailor Moon would almost certainly earn more revenue. |
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Sheleigha
 Posts: 1673 |
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About 2 years ago (when I actually was looking into it), it was going for over $100+ Usually around $120. Per boxset, mind you. Now, it goes for close to $200+ per set, if not, closer to $300... I was actually on the FUNI forums to see if there was any support with bringing them over, but looks like people were more focused on having it re-dubbed, more than having it at all -_-; So that may not be a good thing... However, the demand for a sub cut only, shows demand in the worth of the product in the secondary market. ...just checking up eBay with the price of Sailor Moon, and it appears to be mostly between the $100-$200 mark per set. They do seem to be ALOT more plentiful than the CCS sets (I guess more SM were produced?) Still, sadly since Toei hates the R1 market, we may never see those again... CCS however? Shouldn't have any real reason NOT to be picked up again... |
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hikaru004
 Posts: 2306 |
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Thanks for the link. So basically FUNi is now dragging Navarre down, can't work well with the software side of Navarre and has to go. FUNi's profits depends on their release schedule. It spikes and dips. So FUNi needs a steady stream of hits and that's why they are going for the co-productions. It's not that much off from what ANN was reporting. |
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animeroxsmysoxs
Posts: 46 |
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I know, right? If people bought Anime, the industry wouldn't be in a crisis |
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domino
 Posts: 373 |
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poor Funi. Lately I can't find any anime for sale locally (except Best Buys offering Naruto, Death Note, Evangelion, and other popular series that aired on TV that I'm uninterested in). The limited availability of anime DVDs is a big problem for me, since I am an impulsive shopper who wants to buy things only when I can see and touch them.
And I guess their only upcoming release that grabs my attention is Hetalia..... the other shows I want on DVD are usually completely ignored (sports series, shoujo series) by these licensing groups. :\ |
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Mohawk52
 Posts: 8202 Location: England, UK |
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This just confirms what Gen said when he stated that FUNi was "returning to more normal operations" meaning they have released all the Geneon, and ADV back log and are showing what they would be like had they not taken those on. so all in all the reduction was expected and still they aren't doing to badly compared to the others. Don't panic, Captain! The hull's dented, but we're still afloat, and the engine is still turning revolutions. We'll be alright.
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Greed1914
 Posts: 4472 |
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Good, someone who actually seems to understand accounting terms. The bit about discontinued operations is spot on, it's really there to tell people not to be surprised if the revenue from a particular source isn't there sometime soon. Corporations constantly have discontinued operations because they try to find ways to be more efficient. In this case, we're looking at two companies that don't fit that well together and it's beneficial for both to try to sell. All indications are that Navarre is willing to hold onto Funimation if they don't get a good enough deal, which certainly wouldn't be the case if Funimation was losing gobs of money and Navarre wanted to get rid of them ASAP. |
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hikaru004
Posts: 2306 |
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Conference call actually puts it differently. They are going to sell the company, hired a company to do it and has a history of attempting before so they know where to go. On the good side, one of the analyst felt that FUNi was growing and was undervalued as a company. Last edited by hikaru004 on Fri Jun 04, 2010 4:06 pm; edited 1 time in total |
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bayoab
Posts: 831 |
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GrilledEelHamatsu
 Posts: 703 |
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From listening to Navarre's confrence call and from the 15% dip in revenue, the signs are there and everything is clearly obvious: Navarre is about ready to split from Funimation after nearly six years as its sole parent company and distributor.
So what does this mean? It means Funimation will be sold off to another parent company, and will go through a lenthy and confusing process of contracts,business structure and possible reorganizing. People are failing to mention that Funimation like Section23 is a Texas based company. Though Navarre owns majority of Funimation's share, they have no say in the fate of the company except in reguards to assets,renvenue and stock value. Remember Texas business laws are very complex. Navarre has no ablility to shut down Funimation, but they can shrink the company down. Is this bad news? No, not really. It just means that Funimation will spend the remainder of the 2nd quarter of 2010 looking for a new parent company willing to snatch it up. Once they find one An ADV-Section23-like transfer is likely to occur. but since Funimation is a parent owned label, the name will remain. So if Funimation is looking for a japanese parent company I think they should consider two companies: TOEI or Sunrise. For Fukanaga(who's very familliar with Toyko's stock exchange ethics) he'll probably consider a full sale with terms and conditions tied to it. |
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Greed1914
Posts: 4472 |
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I'll take your word for it, since I couldn't get the call to work for me. |
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firedragon54738
 Posts: 3113 Location: wisconsin |
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This is getting really confusing here so much shit going on with the anime industry in the US and the way it looks like there not going to be one soon
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TsukasaElkKite
 Posts: 3965 |
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Funi's gonna get screwed, Funi's gonna get screwed...
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Sanosuke_Inara
 Posts: 1662 |
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*sighs* Now I know what Zac and Justin mean when they talk about random, rampant speculation.
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_V_
 Posts: 619 |
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I just wish someone had a plan. I just wish someone had a plan.
Instead we've been re-enacting the same old dance for something like ...going on 3 years since the Geneon collapse made everyone realize "we can't keep ignoring this like we did when Musicland went under" Armchair generals myself included yell about declining sales, fans get yelled at for downloading, nothing changes. Nothing changes. There is no "paradigm shift" to a new plan. Everyone wants to go back to the way things were. The very fact that the standard for measuring market strength is based on DVD sales and not online sales, is self-evident. I wish someone had a long term plan. |
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