Forum - View topicShould Funimation go public?
|
|
| Author | Message | ||
|---|---|---|---|
CastMember1991
 Posts: 870 |
|
||
|
Now with Funimation launching a streaming service that serves as the anime industry's answer to Netflix, I think it's time for Funimation (or its parent company G1200 Media) to file for an initial public offering. I think it would be really cool to see them traded on the NASDAQ using this symbol: (NASDAQ:FUNI). Would that work, or is this a failure waiting to happen?
|
|||
|
|||
Saffire
 Posts: 1256 Location: Iowa, USA |
|
||
|
Funimation was owned by Navarre (formerly publicly traded, now defunct I believe) from 2005-2011, when it was bought back by its original owners. I don't think they have a ton of interest in going through that again. Funimation does good business but going public usually indicates a desire to expand, and I don't think that's the direction they're headed.
I'm also a little confused why Funimation revamping it's streaming platform (again, for like the fourth time) is an impetus to go public. Funi's streaming service exists to monetize it's own library, Netflix mostly exists to monetize other people's libraries. I don't think anyone sees it as an "answer" to Netflix (Crunchyroll is closer to that IMO), if anything Netflix's recent moves are it trying to move in on Crunchyroll and Funi's turf. All that said, I have no head for business. If you want a real analysis, send it to Answerman. 
|
|||
|
|||
|
Zalis116
Moderator
 Posts: 6921 Location: Kazune City |
|
||
|
I would say no. Given the always-shaky nature of the business and the thin margins anime companies always subsist on, having a bunch of activist sharegamblers demanding that every cent of profit be spent on stock buybacks every quarter isn't going to help Funi's fortunes one bit.
|
|||
|
|||
Alan45
 Village Elder Posts: 10371 Location: Virginia |
|
||
|
@CastMember1991
That is an awful big step you are suggesting for a very superficial reason (a funny Funi listing). You were joking weren't you? For what it is worth, the only people who could make this decision are those who own Funimation. It never ceases to amaze me how many people are willing to tell US anime publishers how to run their businesses even though we have no details as to how they are doing currently. |
|||
|
|||
 |
All times are GMT - 5 Hours |
|
|
|
Powered by phpBB © 2001, 2005 phpBB Group