Geneon's Fall a Positive for FUNimation?
Navarre Stock Punished
Published: 11/08/2007 12:00am
Navarre CEO Kerry Deacon, who held a conference call today to discuss the company's most recently quarterly earnings report (see 'FUNimation Sales Down, But on Budget'), discussed the impact of Geneon's recent collapse (see 'Dentsu Eats $40 Million') on its FUNimation division. '[G]enerally we believe it could be positive to our position in the marketplace, both from a sales and a content acquisition basis,' he said of the events.
Deacon noted that Geneon had some 'very strong content such as Sailor Moon, Van Helsing, and Black Lagoon, whose futures are unknown.'
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