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On May 27, 2010, Navarre Corporation announced that it began negotiating a potential sale of Funimation. Logo from 2016 to 2022 (still used for the Funimation streaming service) In 2009, Funimation signed a deal with Toei Animation to stream several of its anime titles online through the Funimation website. At Anime Expo 2008, Funimation announced that it had acquired over 30 titles from the Sojitz catalog that had previously been licensed by ADV Films. In July 2008, Funimation confirmed that they had acquired distribution rights to several Geneon titles, including some that Geneon had left unfinished when they withdrew from the U.S. Īccording to an interview in February 2008 with Navarre Corporation CEO Cary Deacon, Funimation was in early stage negotiations to acquire some of the titles licensed through Geneon's USA division, which ceased operations in December 2007. Funimation moved into the Lakeside Business District with a ten-year lease. In 2007, Funimation moved from North Richland Hills, Texas to Flower Mound. As part of the acquisition, Gen Fukunaga was retained as head of the company, transitioning to the position of CEO, and the company's name was changed from FUNimation Productions to FUNimation Entertainment.
On May 11, 2005, Funimation was acquired by Navarre Corporation for US$100.4 million in cash and 1.8 million shares of Navarre stock. The colored version was used until April 2011. Acquisition by Navarre Corporation įunimation wordmark from May 11, 2005, to January 7, 2016.
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Such titles released included Redwall, Pecola, Tales from the Cryptkeeper, Timothy Goes to School and the Disney Channel TV special The Santa Claus Brothers. īeginning in September 2003, Funimation signed a North American home video deal with Canada-based Nelvana. The success of Dragon Ball Z is credited for allowing Funimation to acquire other licensed titles. After two aborted attempts to bring the Dragon Ball franchise to television via first-run syndication, Cartoon Network began airing Dragon Ball Z as part of its Toonami programming block in 1998, which quickly became the highest-rated show on the block and garnered a large following. They initially collaborated with other companies on Dragon Ball, such as BLT Productions, Ocean Studios, Pioneer and Saban Entertainment.
The company was originally based in Silicon Valley, but eventually relocated to North Richland Hills, Texas. The company was founded on May 9, 1994, as FUNimation Productions. Fukunaga met with co-worker Daniel Cocanougher, whose family owned a feed mill in Decatur, Texas, and convinced Cocanougher's family to sell their business and serve as an investor for his company.
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Hori proposed that if Fukunaga could start a production company and raise enough money, Toei Animation would license the rights to the Dragon Ball franchise to the United States. In the early 1990s, Japanese-born businessman Gen Fukunaga was approached by his uncle, Nagafumi Hori, who was working as a producer for Toei Company. The original FUNimation logo used from 1994 to 2005. The company was rebranded to Crunchyroll in March 2022 after acquiring the streaming service of the same name in August 2021. The company's headquarters are located in Coppell, Texas. From 2017 to 2019, the Japanese conglomerate Sony owned a 95% stake in the company through its Sony Pictures Entertainment division (via Sony Pictures Television), and since 2019, Sony runs the company through a joint venture between two of its units: Sony Pictures Entertainment (via Sony Pictures Television) and Sony Music Entertainment Japan (via Aniplex).
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It has licensed popular series, such as Dragon Ball, One Piece, Yu Yu Hakusho, My Hero Academia, Attack on Titan, Fairy Tail, Black Clover, Fruits Basket, Assassination Classroom, Cowboy Bebop, Tokyo Ghoul, and Code Geass among many others.įunimation was acquired by Navarre Corporation on in April 2011, Navarre sold Funimation to a group of investors that included Fukunaga for $24 million.
Funimation is one of the leading distributors of anime and other foreign entertainment properties in North America. The company was founded on as FUNimation Productions, Ltd., by Gen Fukunaga and his wife Cindy in Silicon Valley, with funding by Daniel Cocanougher and his family, who became investors in the company, which then relocated to North Richland Hills and later Flower Mound, Texas. Crunchyroll, LLC, doing business as Crunchyroll, is an American entertainment company that specializes in the dubbing and distribution of East Asian media, most notably Japanese anime.
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