This sounds kinda Sketchy, and kinda shady at the same time. Navarre the company that now owns Funimation is stepping out of the home video business, aka distribution. Funimation has already stated that this will not affect them, I just fail to see how this will not affect them. In truth only time will show, my worry is that Navarre is getting cold feet and starting to chop off large chunks of it’s body to stay afloat. They did pay a huge chunk of change for Funimation, but I’ve seen this type of shift before and it’s never ended well. Again that said is purely my speculation, and neither company has stated anything about folding, or going away. But I found myself saying “WTF” and if I was invested in either company I would be feeling a little confused right now.
Here’s What ANN has to say about it. Source HERE
The North American distributor Navarre has announced that it will complete its exit out of the home video business on December 31. Navarre will continue to distribute several select lines on Navarre.com until the end of the year or until it identifies “an alternative distributor.” Funimation is one such company.
The anime company Funimation told ANN that Navarre’s move will have no effect on Funimation’s anime releases. Scott Lonski, Sr. Communications and Event Manager with Funimation, added that all of Funimation’s largest accounts have already been moved to other distributors.
Navarre cited the “changing retail environment” as the reason for its withdrawal from the home video business.
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