ADV, Geneon Worth $7-$10 Million to FUNimation Sales

ADV, Geneon Worth $7-$10 Million
To FUNimation Sales

Navarre expects FUNimation’s sales from the ADV and Geneon titles it recently acquired (see “FUNimation Snags Sojitz Titles” and “FUNimation to Distribute Select Geneon Titles”) to account for around $7 to $10 million in annual sales. Accounting for the wholesale discounts at which it sells, retail sales of the titles in the two sets of acquisitions are expected to total $15 to $20 million per year. The company expects those acquisitions to help drive FUNimation’s sales upward by double digit percentages in the coming year.

FUNimation’s sales of Afro Samurai last year accounted for about $4.5 million at wholesale, or about $9 million retail, according to numbers revealed in the call.