During the pandemic, the collectible trade was in high gear. It wasn’t long ago when Funko was actually in the green. The company also is reportedly reducing its workforce by 10 percent. He said that the Arizona distribution center was so overstocked that he had to rent out additional storage units in order to accommodate the collectibles. In the latter part of February, investors got a call from Funko CEO Brian Mariotti. “This is expected to result in a write down in the first half of 2023 of approximately $30 to $36 million.” In order to cut down on the cost, they are going to “eliminate” the excess early this year, “to reduce fulfillment costs by managing inventory levels to align with the operating capacity of our distribution center,” Funko said in a statement Wednesday. That means it’s costing the company more to store the collectibles than what they are all worth. According to CNN that means the company is literally going to trash about $30 million of product.Īt the end of 2022 Funko had a surplus of merch that was worth about $246.4 million. As far as the corporate realm, that could spell disaster and unfortunately, Funko has been flatlining since their 2022 fourth quarter. But that’s the name of the game in the trading market. One day you have a Pop! worth $100 dollars and the next it’s worth $50. Head over here to preorder your copy.įunko Pop! collectors know that the figurine trade is a daily volley of supply and demand. “Creepers” cut (83 mins), featuring multiple audio/language options (with subtitles) in Lossless DTS-HD Master Audio. The two-disc set includes the original Italian version (116 mins), the International cut (110 mins), and the U.S. Phenomena is Dario Argento at his very hypnotic and nightmarish best. The soundtrack features music from Goblin, Motörhead, Iron Maiden, Andi Sex Gang, Bill Wyman and Simon Boswell. McGregor ( Donald Pleasence) and his chimpanzee Inga. ![]() Jennifer begins to unravel the mystery of the killings with the help of an entomologist, Dr. ![]() The sleepwalking teen – who also is a telekinetic with the power to commune with bugs – embroils herself in a series of vicious murders. Jennifer Corvino (Oscar winner Jennifer Connelly) is sent to a Swiss boarding school by her famous actor father. The synopsis for Phenomena goes like this: This Synapse Films release is full of great features and a one-of-a-kind picture quality that will feel like a first time watch all over again. Dario Argento’s bonkers classic Phenomena gets a 4K UHD release worth its weight in Giallo gold.
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