In a conference call discussing his company's latest quarterly financial results Cary L. Deacon the CEO of Funimation parent Navarre told industry analysts that Funimation has “a first look at all opportunities in terms of licenses. We’re seeing them all, we have an opportunity to bid on them all.”  Deacon noted that currently Funimation was being “pretty selective” in choosing which anime to license, but he reiterated Navarre’s optimism regarding the future of Funimation in spite of the fact that “the overall DVD market continues to be somewhat soft.”  Navarre reported a 26% decline Q2 sales for its publishing division, which includes Funimation, thanks to the shutting down of  Navarre’s BCI unit, and a softer schedule of anime titles from Funimation (see “Navarre Sales Down, Profits Up”).

 

According to Deacon, in spite of the soft schedule, Funimation had “a solid quarter and met its internal sales targets.”  Deacon said that he remains “buoyant” about “the opportunities that Funimation’s anime market dominance will provide in the future.” In response to an analyst’s question Deacon estimated Funimation’s share of the U.S. anime market at about “56% to 60%.”