Navarre Considers To Dispose FUNimation

According to Anime!Anime!, Navarre is considering the disposal of its subsidiary FUNimation having Houlihan Lokey as an advisory bank. The development of the profits and the business of FUNimation has met Navarre's expectation, but the anime business has deviated from the core project of Navarre, which closed its movie and music media section in 2009. Anime!Anime! speculates that Navarre will concentrate its resources on PC related business. Navarre said the consideration of the sale doesn't immediately lead to the actual disposal.

Source: Anime!Anime!, Navarre's press release