Eppy 3,446 Report post Posted February 9, 2008 Navarre/FUNimation Interested in Some Geneon Titles'Very Early Stages of Negotiation' February 08, 2008 During a conference call with analysts discussing the Navarre financial report for the quarter that ended on December 31st, Navarre Corporation CEO Cary Deacon declared that Navarre (through its wholly owned subsidiary, the anime market share leader FUNimation) was "in very early stages of negotiations to acquire some of the Geneon library of titles." Deacon noted that Geneon had about 10% of the anime market and controlled some attractive titles. Deacon expressed his optimism about the current market conditions, which he thinks will provide lots of opportunities for FUNimation, whose prospects for acquisition of new product "remain very strong." Deacon talked about the infusion of cash that FUNimation's two main competitors (Geneon and ADV) received from Japanese investors nearly two years ago, which according to Deacon, allowed them to bid up the cost of acquiring new anime series to levels at which FUNimation believed the series could not be profitable. The departure of Geneon from the market has, according to Deacon, put "downward pressure on pricing" of new anime series. Deacon also explained the settlement of a dispute with Atari over revenue from the Dragon Ball video games. The initial $10 million advance payment has been "earned out," which means that FUNimation will be receiving monthly royalty payments that could add up to as much as $3.3 million a year (50% of which must be sent to the Japanese Dragon Ball rights holders). The Atari agreement runs through 2010, so no new big advance payments are in the offing. Overall Deacon noted that FUNimation had a solid quarter and met operating profit expectations (see "FUNimation Repoerts Solid Quarter"). Inventory for the publishing segment, which includes FUNimation was estimated at $3 million, below the total held during the same quarter in the previous year. http://www.icv2.com/articles/home/12043.htmlhttp://www.animenewsnetwork.com/news/2008-02-08/funimation-negotiating-to-acquire-geneon-titles http://myanimelist.net/forum/?topicid=12945 my news trail Quote "That fairy needs to stop shouting in my ear, or I'm going to throw her friend I have trapped in the bottle into a lava pit or something. HEY, LISTEN! No, YOU listen. If something's important, just say so without yelling at me. Or fly over to it and change color like you usually do. Just because I'm busy mowing the lawn and hoping I'll find some spare change, doesn't mean I can't hear you." - Link Share this post Link to post Share on other sites
Pchan 5,162 Report post Posted February 9, 2008 So, this's good right ... ? Quote I am putting myself to the fullest possible use, which is all I think that any conscious entity can ever hope to do. Share this post Link to post Share on other sites
the56ker 100 Report post Posted February 9, 2008 no not good funimation destroys anime they butcher it Quote [sIGPIC] http://forums.ancientclan.com/signaturepics/sigpic1654_3.gif[/sIGPIC] Share this post Link to post Share on other sites
Eppy 3,446 Report post Posted February 9, 2008 eh they are getting better...i mean...it could have been 4kids Quote "That fairy needs to stop shouting in my ear, or I'm going to throw her friend I have trapped in the bottle into a lava pit or something. HEY, LISTEN! No, YOU listen. If something's important, just say so without yelling at me. Or fly over to it and change color like you usually do. Just because I'm busy mowing the lawn and hoping I'll find some spare change, doesn't mean I can't hear you." - Link Share this post Link to post Share on other sites
Pchan 5,162 Report post Posted February 9, 2008 Oh yeah X'D ... Quote I am putting myself to the fullest possible use, which is all I think that any conscious entity can ever hope to do. Share this post Link to post Share on other sites
Ladywriter 7,783 Report post Posted February 12, 2008 pleeeeeeeeeeease give me another season of Black Lagoon Quote Look at the flowers Share this post Link to post Share on other sites
Eppy 3,446 Report post Posted February 13, 2008 wow that picture is so cheating Quote "That fairy needs to stop shouting in my ear, or I'm going to throw her friend I have trapped in the bottle into a lava pit or something. HEY, LISTEN! No, YOU listen. If something's important, just say so without yelling at me. Or fly over to it and change color like you usually do. Just because I'm busy mowing the lawn and hoping I'll find some spare change, doesn't mean I can't hear you." - Link Share this post Link to post Share on other sites
the56ker 100 Report post Posted February 13, 2008 yeah thats just wrong Quote [sIGPIC] http://forums.ancientclan.com/signaturepics/sigpic1654_3.gif[/sIGPIC] Share this post Link to post Share on other sites
Ladywriter 7,783 Report post Posted February 13, 2008 Sad eyes are a chicks secret weapon. They dun even have to be our own Quote Look at the flowers Share this post Link to post Share on other sites
the56ker 100 Report post Posted February 14, 2008 cheap shot none the less but i <3 it =) Quote [sIGPIC] http://forums.ancientclan.com/signaturepics/sigpic1654_3.gif[/sIGPIC] Share this post Link to post Share on other sites
Sledgstone 8,672 Report post Posted February 16, 2008 I wonder if geneon used VAs outside of the main funimation employment. If we're lucky funi will get contacts with new VA talent. That'd be a miracle in itself. Quote Share this post Link to post Share on other sites