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FUNimation Entertainment Brings Top-rated Anime to Broadcast TV in New York City

*** FUNimation Entertainment Brings Top-rated Anime to Broadcast TV in New York City ***
---The FUNimation Channel now available 24/7 on Digital Channel 48.3 ---

FORT WORTH, TX - March 6, 2007 -- FUNimation Entertainment, a wholly-owned subsidiary of Navarre Corporation (NASDAQ: NAVR) and the market share leader for home video sales of Japanese animation in the United States, announced today that the FUNimation Channel is now available on WRNN-TV and delivering 24-hour digital programming of the top anime brands in the United States to the New York City area via digital multicast channel 48.3.

"New York City is the largest DMA (designated market area) in the United States and we are very excited to bring our quality anime series to the programming of WRNN-TV," said Gen Fukunaga, president and CEO of FUNimation Entertainment. "Broadcast on WRNN-TV gives the FUNimation Channel an extremely large footprint on the East Coast."

WRNN-TV is an independent regional television station and news network that transmits through cable, broadcast, and satellite. The station reaches approximately 5 million cable and satellite subscribers in the New York Designated Market Area (DMA), and reaches approximately 16 million people with its digital broadcast. WRNN covers the area with four studios: Manhattan, Kingston, Rye Brook and Washington, D.C.

"The 24/7 anime programming from FUNimation provides us with unique content that appeals to the 18-34 demographic," explains Christian French, chief operating officer, WRNN-TV. "We are now the first broadcaster in the New York area to bring anime 24/7 to the nation's number one DMA."

The FUNimation Channel was conceived as a vehicle to expose a wider audience to the unique storytelling style and graceful animation inherent in the Japanese style of animation. In addition, it provides anime and entertainment fans direct access to FUNimation Entertainment's exclusive portfolio of leading anime titles. FUNimation is working with Olympusat, a leading distributor of independent digital programming networks, for the distribution of the FUNimation Channel. Olympusat is the exclusive distributor of the FUNimation Channel, which is now available to video service providers across the nation as a 24/7 linear channel and as syndicated programming.

For more information on the FUNimation Channel, its availability or how to get it, visit www.funimationchannel.com.

About FUNimation Entertainment
FUNimation� Entertainment, a wholly-owned subsidiary of Navarre Corporation (NASDAQ: NAVR), is the leading company for home video sales of Japanese animation in the United States. FUNimation is known for acquiring top-rated anime series from Japan and for developing some of North America's most popular anime series. The company has a proven formula for launching and advancing brands, and manages a full spectrum of rights for most of its brands including broadcasting, licensing, production, internet, and home video sales and distribution.

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