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Funko Off Topic Chat
AzT:
stl_ben:
Looks like Funko is making some bad decisions on the Mondo front....not a good day for news coming out of Austin.
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Jesse O:
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Register or LoginLooks like Funko is making some bad decisions on the Mondo front....not a good day for news coming out of Austin.
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Mondo's record business had grown to include distribution of other independent soundtrack labels. I wonder if that all ends too.
AzT:
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--- Quote ---Funko's CFO clarified details about the recent layoffs at Mondo, revealing that the business' poster runs would continue and expand its print numbers with a broader scope.
Mondo tweeted out a letter from Funko CEO Brian Mariotti, explaining the plans for the company. Namely, Mariotti wanted to clear up some "misinformation" about the Mondo layoffs and the company's future. He began by revealing that Funko had not laid off most of Mondo's staff, stating that employees with the poster makers only accounted for about 10% of the firings. Then, he addressed the claims that the poster side of the business had been axed. "The Mondo posters will continue, period," he stated, "We feel that making extremely limited runs of posters, most of which are 150 pieces or under, limits access to fans unfairly. Many of these posters are bought with the sole purpose of flipping them at a much higher cost to fans that really want them."
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Jesse O:
“We feel that making extremely limited runs of posters, most of which are 150 pieces or under, limits access to fans unfairly,” seems a little misleading. There were plenty of timed posters that were only limited to how many they could sell over several days. Nobody was left out. Mondo movie posters were pieces of art which were screen printed and genuinely special. This tweet sounds like they’re going to mass-produce posters of sports figures, tv shows, etc and slap the Mondo name on them. While the announcement of the record pressing plant is intriguing, I’d love to hear a take from a Mondo employee rather than only from the head of Funko.
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