In fact, the company made $1 billion in 2021. 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. What do you think about Zombie’s The Munster’s production photos? Let us know in the comments section of our Facebook and Twitter pages.įunko Pop! collectors know that the figurine trade is a daily volley of supply and demand. Zombie is a lifelong fan of the series so much so that The Munster’s family car is featured in his video, and the song Dragula comes from Herman’s famous racer, Drag-U-la. There was quite a bit of controversy and discourse when Zombie was announced to be the one heading up the adaptation, but in a strange way, it is shaping up to be exactly what the production needed. If you aren’t following him yet, you definitely should. A look at Herman’s leather racing jacket The Punk Rods, photos of wardrobe from the set and more. So far, we have had a look at makeup prosthetics including the top of Herman’s head. Production of The Munsters is going down in Hungary and Zombie appears to be making his production area a very real home for The Munsters. Zombie shared an image of himself standing outside the house with a message that read, “Greetings from Hungary, aka 1313 Mockingbird lane”. In his latest he shared an amazing picture of The Munster’s home!ġ313 Mockingbird Lane is all finished and it is looking fantastically authentic. We have seen quite a bit of the film’s production thanks to Zombie sharing a slew of photos via his Instagram. Plus, the neighborhood surrounding the Munster Mansion looks like something out of "Edward Scissorhands," so the vibes have me incredibly intrigued all around.Rob Zombie seems to be going for authenticity with his upcoming adaptation of The Munsters. Obviously the "House of 1000 Corpses" creative is going to put his own spin on the classic franchise - the original show spawned a film and several attempted reboots prior to Zombie's try - but it's also cool to see him paying his respects and giving homage. One great sign is that the Zombie version of the Munster home looks pretty close to the original. Herman Munster, aka Frankenstein's monster, was the man of the house and he and his wife, Lily, lived with her father, Grandpa, (who was basically Count Dracula), their wolfish son, Eddie, and their conventionally pretty niece, Marilyn. "The Munsters" followed a family of harmless monsters living in a suburban sitcom setting. Though the film is being shot in Hungary, it seems Zombie and his teams have been doing an excellent job of capturing the American spirit of "The Munsters." The show first premiered in September 1964 and its original release ran through May 1966.
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