HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
here's the real story: "The company was sold to Fundamental Capital, a private equity firm, in 2013 to raise funds"
"ACON Investments, LLC announced in late 2015 that it had acquired Funko from Fundamental Capital, LLC, but would keep current staff and the head of company.[9]"
just another standard private equity mob bust-out of the assets after buying the parent company for
Gizmodo: Funko decimates their new acquisition Mondo, will cease new poster production, lays off key staff. Mar 24, 10:38
(Gizmodo reported posters would continue, The Wrap follows up and says nope, they're done, only toys and records will survive) Mar 24, 10:40
Devastating {nm} Mar 24, 11:11
here's the real story: "The company was sold to Fundamental Capital, a private equity firm, in 2013 to raise funds" Mar 24, 11:16
Funko disclosed a couple of weeks ago they sent $30 million in unsold inventory to a landfill. Mar 24, 11:33
Sympathy to those laid off. What an outrage. {nm} Mar 24, 11:27
Good lord, take a look at FundamentalCapital.com. I'm surprised it doesn't have a dancing baby gif in the corner. {nm} Mar 24, 11:29
Ideal scenario would be Alamo starting it back up again if their finances are in okay shape now. Mar 24, 11:50
Alamo is not Alamo anymore {nm} Mar 24, 13:33