Funko, Inc. Announces the Appointment of Rich Paul to the Companys Board of Directors
May 18, 2022 at 08:30 am EDT
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Funko, Inc. announced the appointment of Rich Paul to the company's Board of Directors, effective upon the closing of the pending sale of Funko stock by ACON Investments to The Chernin Group. The Company continues to invest in growing its sports and music line of collectibles. Last year, Funko unveiled GOLD, a line dedicated to spotlighting iconic music and sports luminaries.
The Company also transformed an area of its Funko Hollywood store into a mecca of Funko GOLD, featuring life-size statues and a larger-than-life throne to create the perfect photo opportunity.
Funko, Inc. operates as a pop culture lifestyle brand. The Company is engaged in selling a range of licensed pop culture consumer products, featuring characters from a range of media and entertainment content, including movies, TV shows, video games, music and sports. Its products are principally figures, fashion accessories, apparel, plush products, accessories, homewares, and non-fungible tokens (NFTs). Its products combine its brands and designs and aesthetic sensibilities into properties it licenses from content providers. In addition to offering multiple properties and product categories, it creates and sells a variety of brands that have their own look and feel. The Company's brand portfolio includes Core Collectibles (which include Pop! Vinyl, as well as other branded lines such as Soda, Bitty Pop!, and Pop! Yourself), Loungefly (softlines including bags, wallets, backpacks and apparel) and Other (which includes brands, such as Digital Pop! and Mondo).