Navarre Corp. (NAVR) Subsidiary Shakes with Geneon Entertainment to Distribute Japanese Animation
FUNimation Entertainment is a wholly-owned subsidiary of Navarre Corp. (Nasdaq: NAVR), the leading Japanese animator in the United States. The company launches advancing brands, managing and distributing them for broadcasting, production, Internet, home video sales and distribution. The company today announced its partnership with Geneon Entertainment Inc., a leading producer of Japanese animation. Per the agreement, the companies will distribute select DVD titles in North America, and FUNimation will hold exclusive manufacturing, marketing, sales and distribution rights to Geneon’s established titles. Geneon’s current titles, such as “Ergo Proxy", “Hellsing Ultimate”, and “Black Lagoon", have experienced international success, supporting FUNimation’s desire…