News Navarre Talks Afro Samurai Sales Numbers, Future Plans
posted on 2008-08-04 20:33 EDT
AS DVD brought in US$4.5M; 10%+ sales increase at Funimation projected
After announcing its financial results for the first quarter of the 2009 fiscal year (April 1 to June 30, 2008), Navarre Corporation also held a Monday conference call with investors, during which its executives provided additional information about the performance of Navarre's Funimation subsidiary during the quarter and the entire previous year. Navarre has already announced that Funimation's release of Afro Samurai was the top-selling anime DVD of 2007. According to Navarre CEO Cary L. Deacon, that single DVD brought in US$4.5 million in sales. As Funimation plans to distribute anime from Geneon Entertainment USA's catalog and ADV Films' former catalog, Navarre projects that they will bring another US$7 to 10 million in revenue. Funimation's overall sales for the rest of the fiscal year are anticipated to increase by at least 10 percent.
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