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Navarre May Keep FUNimation

Mania writes: "The latest earnings conference call from FUNimation's owner, Navarre, has revealed that they may not be all that keen on selling it at this point. Navarre put out word and has been entertaining bids and re-bids based on presentations this year as the company wanted to shift FUNimation to someplace that they said would be more suited to handle the business since they were more interested in focusing on their distribution strategies rather than a home entertainment company. Navarre has worked rather well with FUNimation since the initial purchase some years ago by being relatively hands off and working through the implosion of the market and the change in the retail market itself."

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