FUNimation Investigates Geneon Titles
It seems that FUNimation might be interested in picking up some of Geneon's slack. According to an online article, Funi is in negotiations to re-license some of the titles Geneon had before it went under. Geneon had left a lot of titles unfinished before they shut down, including popular titles such as Higurashi, Black Lagoon, & Rozen Maiden. Funi may now be there to finish the job, & might also pick up some older, finished Geneon works as well & perhaps re-release them in attractive boxsets. Not much is known yet on what Funi truly plans to do. The very beginning of the article was the most intriguing:
During a conference call with analysts discussing the Navarre financial report for the quarter that ended on December 31st, Navarre Corporation CEO Cary Deacon declared that Navarre (through its wholly owned subsidiary, the anime market share leader FUNimation) was "in very early stages of negotiations to acquire some of the Geneon library of titles." Deacon noted that Geneon had about 10% of the anime market and controlled some attractive titles. Deacon expressed his optimism about the current market conditions, which he thinks will provide lots of opportunities for FUNimation, whose prospects for acquisition of new product "remain very strong."
Source: http://www.icv2.com/articles/home/12043.html