Angel's Weekly News Report

Well Holloween come and went I hope everyone got sick of eating candy like I did.
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Funimation's Revenues Drive Navarre 2Q Financials

Navarre Corporation, the parent company of the anime licensing and distribution company FUNimation, has announced that second quarter net sales for all of its units grew 18.5% from the same period last year. The total figure for the three months from July to September was US$170.3 million, compared to last year's US$143.7 million.

Navarre CEO Gary Deacon said that there were "significant increases in sales of anime content" within Navarre's publishing segment that includes FUNimation, Encore, and BCI. Net sales for the segment were US$28.8 million, up US$1.8 million, and FUNimation accounted for most of the increase. This was driven by the acquisition of a number of new licenses, as well as the rights to distribute series previously licensed in the United States by other companies, such as Hellsing Ultimate and Devil May Cry. FUNimation's aggressive pursuit of deals to make its series available for digital distribution via YouTube, Joost, iTunes, the XBox Live service, and other channels also had a positive impact. Year-to-date sales, however, stood at US$56.2 million, somewhat below last year's US$56.7 million.

ANN

FUNimation Sues CA Retail Sites over Alleged Bootlegs

The North American anime distributor FUNimation Productions is suing a group of related companies in Southern California for allegedly selling counterfeit DVDs of its licensed anime on a website. FUNimation is alleging that a California resident named Hae Yong Ro and four affiliated businesses — N Trading, Inc, Discount Anime DVD, BuyDVD.com, and DOES — infringed on FUNimation and its licensers' copyrights and trademarks by selling unauthorized copies of Fruits Basket, Dragon Ball, Dragon Ball Z, Dragonball GT, and Fullmetal Alchemist. Some of the DVDs are said to have included English dubbing.

ANN
Bandai Ent. Posts English-Dubbed Code Geass R2 Trailer

The North American anime distributor Bandai Entertainment has posted an English-dubbed trailer for Sunrise's Code Geass: Lelouch of the Rebellion R2 sequel series on its official website. The first episode, "Day a Demon Awakens," premieres on the Adult Swim television network on Sunday morning at 5:00 a.m ET/PT. The series just ended in Japan last month. Bandai Entertainment announced at Otakon 2008 last August that Code Geass R2 will run on Adult Swim immediately after the last episode of the first Code Geass series.

ANN

-fallenangel8

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