HOLLYWOOD STOCK EXCHANGE
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THE ENTERTAINMENT MARKET
I'd imagine the key staff that were let go will (hopefully) start up their own outfit but getting funding for it right now could be a trick. {nm}
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
I'd imagine the key staff that were let go will (hopefully) start up their own outfit but getting funding for it right now could be a trick. Mar 24, 11:42
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