Funko Acquires High-End Collectible Company Mondo

Vinyl records, screen-printed fine-art posters, and collectible figures are available on Mondoshop.com.
License Global

June 13, 2022

Funko logo.
Funko logo.Funko

Funko

has announced it has acquired Mondo, a pop culture company that creates vinyl records, posters, soundtracks, toys, apparel, books, games and other collectibles.  

Mondo was founded in 2001 by Rob Jones and Tim League and was a subsidiary of Alamo Drafthouse Cinema prior to the acquisition by Funko. 

“Mondo’s devoted fan base and high-end pop culture collectibles make it the perfect complement to Funko’s current portfolio of brands,” says Andrew Perlmutter, chief executive officer, Funko. “By leveraging our international distribution and licensing network, we feel well-positioned to expedite the growth of the Mondo brand. It’s an exciting opportunity to couple Mondo’s already stellar product assortment and aesthetic with Funko’s massive property library.” 

Based in Austin, Texas, Mondo is best known for its limited-edition vinyl records and screen-printed posters, which focus on bringing art back to music and cinema through collaborations with acclaimed artists. 

Funko continues to invest

in its strategic growth initiatives of maximizing the core business, diversifying the revenue base, growing its direct-to-consumer (DTC) channel, and extending its reach into international markets. 

Financial terms of the deal were not disclosed, and the company does not expect the acquisition to have a material impact on its financial performance in 2022. 

Read more about:

Subscribe and receive the latest news from the industry.

Join 62,000+ members. Yes, it’s completely free.

You May Also Like

Loading..

Report

Loading..

This site uses cookies to provide you with the best user experience possible. By using License Global, you accept our use of cookies.