NavarreNavarre Corp. Secures $110 Million Debt RefinancingAuthored by Mark Hefflinger on March 23, 2007 - 11:12am.
Minneapolis - Navarre Corporation, a publisher and distributor of physical and digital home entertainment and multimedia products, announced on Friday a $110 million debt refinancing, consisting of a $95 million credit facility with GE-Corporate Lending, and a four-year, $15 million loan facility with Monroe Capital Advisors. AnimeOnline Launches News Site, Social Network for U.S. Anime FansAuthored by Mark Hefflinger on February 23, 2007 - 2:32pm.
Fort Worth, Texas - AnimeOnline has announced the beta launch of its social networking site and news resource for fans of anime, manga and Japanese entertainment. The site is headed by Rob Bricken, the former editor of anime industry publication Anime Insider, and backed by FUNimation, a top distributor of Japanese anime in the U.S. News articles on AnimeOnline will cover anime, manga, videogames, music and all Japanese culture, while the social network will allow users to present their favorite anime series on their personal pages. FUNimation Adds Anime TV Episodes to iTunes StoreAuthored by Mark Hefflinger on February 14, 2007 - 5:00pm.
Minneapolis - FUNimation Entertainment, a unit of Navarre Corporation that distributes Japanese animation in the U.S., announced on Wednesday that it has made episodes of top-rated anime series available for purchase and download from Apple's iTunes Store. Episodes of "Desert Punk," "Speed Grapher" and Akira Kurosawa's "Samurai 7" will be available for $1.99 each. Career Moves: February 5, 2007Authored by dmw on February 5, 2007 - 2:09pm.
Career Moves is made possible by @HIRE.
Discovery Communications’ new CEO David Zaslav today announced that five senior executives are leaving the media firm as part of a major corporate overhaul. The executives leaving the firm include: Billy Campbell, President of Discovery's U.S. Networks (position to be eliminated); David Abraham, head of the TLC channel; Maureen Smith, head of Animal Planet; Dawn McCall, head of Discovery's international operations, and human resources chief Pandit Wright. Career Moves: January 30, 2007Authored by dmw on January 30, 2007 - 1:51pm.
Career Moves is made possible by @HIRE. Navarre to Distribute Destineer's "Fullmetal Alchemist" GamesAuthored by Mark Hefflinger on October 5, 2006 - 2:40pm.
Minneapolis - Video game publisher Navarre announced that it has signed an exclusive agreement to distribute four new console video games published by Destinner based on FUNimation's "Fullmetal Alchemist" series. The first Destineer titled under the agreement, "Fullmetal Alchemist: Dual Sympathy," is slated for release this month.
Career Moves: September 15, 2006Authored by dmw on September 15, 2006 - 8:33am.
Blue Frog Mobile hires Al Ramirez to be its new CEO. Ramirez
was previously an Ameritech Executive.
Career Moves: August 17, 2006Authored by dmw on August 17, 2006 - 8:07am.
Navarre to Publish DreamCatcher's "Painkiller: Hell Wars" for XboxAuthored by Mark Hefflinger on January 20, 2006 - 2:27am.
Minneapolis - Navarre, a publisher and distributor of video games, DVDs and other entertainment software, announced on Friday that it has signed an agreement with game developer DreamCatcher, to distribute its "Painkiller: Hell Wars" Xbox version of the original PC game. The title is set for release on Feb. 28.
Navarre Completes Purchase of Japanese Media Distributor FunimationAuthored by Mark Hefflinger on May 12, 2005 - 9:21am.
Minneapolis -- Navarre Corp., a publisher of video games, DVDs and software, announced that it has completed its acquisition of Japanese anime producer Funimation Productions, which it purchased for $100.4 million in cash and 1.8 million shares. Texas-based Funimation is the North American distributor for Japanese creations including "DragonBall Z" and "Yu-Yu Hakusho." Minneapolis-based Navarre also said it purchased the outstanding 20% stake in its Encore game publishing subsidiary that it did not already own. The company expects its purchase of Funimation will increase its 2006 revenue to between $710 and $720 million, compared with the $599.2 million it expects to report for 2005.
Navarre Acquires Japanese Anime Distributor FUNimation for $100 MillionAuthored by Mark Hefflinger on January 11, 2005 - 10:44am.
Minneapolis -- Navarre Corporation, a publisher of video games and other entertainment software, announced on Tuesday that it has acquired FUNimation Productions, a leading distributor of Japanese animation and children's entertainment in the U.S., for over $100 million in cash and over 1.4 million shares of Navarre. Texas-based FUNimation distributes home video and arranges U.S. TV licensing for brands including Teenage Mutant Ninja Turtles, Dragon Ball Z, Yu-Gi-Oh!, Yu Yu Hakusho, Beyblade and Cabbage Patch Kids. In 2003, FUNimation saw sales of $81.6 million and net income of $30.5 million. Minnesota-based Navarre's products include video games developed by its Encore subsidiary, in addition to PC software, music CDs and DVD video. "The FUNimation acquisition is consistent with our overall business strategy and will significantly increase our publishing offerings, establishes long-term relationships with new vendors and customers, and solidify our position as a premier provider of published and licensed home entertainment products," said Navarre's chief operating officer of publishing and licensing, Cary Deacon.
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