January 18, 2022
Funimation Global Group, LLC is an American entertainment company that distributes and dubs East Asian media, usually Japanese animation. The company was founded in 1994 by Fukunaga Gen and became a subsidiary of Navarre Corporation on May 11, 2005. In April 2011, Navarre sold Funimation to a group of investors including Fukunaga for 24 million dollars. There is speculation that Funiimation was sold at such a low cost (compared to how much Navarre acquired it: almost $100 million in cash and 15 million shares in 2005) because Navarre wanted to continue distributing the merchandise. related to the product, but no further publication. Funimation produces, sells, and distributes Japanese anime and other entertainment in the United States to international markets. The company is headquartered in Flower Mound, Texas. In August 2021, Funimation announced the acquisition of anime streaming service Crunchyroll.