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Funi CEO: Navarre to Distribute Titles Even After Possible Sale

posted on 2010-05-29 01:00 EDT
Gen Fukunaga: Sale to founders unlikely; 1st co-production to be revealed soon

In an interview with ANN, Funimation CEO Gen Fukunaga said that his company anticipates that its parent company Navarre would continue to handle back-end distribution for Funimation — even after the possible sale of Funimation that Navarre is considering. Fukunaga also downplayed the speculation that the original owners of Funimation — Fukunaga himself and the Cocanaugher family in Texas — might be buying the company back from Navarre. Fukunaga said, "That's pretty unlikely because we've got all sorts of other investments now, and we'd have to sell everything else we've invested in […]."

Fukunaga added that Funimation plans to announce its first co-production in the next few weeks. Funimation revealed its new co-production initiative last November, and Navarre said on Thursday that a new owner would help Funimation expand in "co-productions of original anime content, social networks, and digital broadcasting." Fukunaga explained that the co-production initiative is developing projects based on titles that are already well-known in the United States. He added, "What we'll do is take a famous United States brand that already has a big fanbase."

Update: The article's title has been expanded for clarity.


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