Funko's new CEO
The Funko Pop toy industry has recently named Netflix's former Vice President of Consumer Products Josh Simon as their CEO. This change in the Funko Pop toy industry was made after the company had lost $41 million under the leadership of former CEO Mike Lunsford. Josh Simon was chosen as the CEO of Funko as his time at Netflix had him oversee the merchandise that promoted the popular shows seen on Netflix. Simon's other past careers include the Nike corporation and the Walt Disney company. This change in leadership for the Funko Pop toy industry is the direct result of Funko's decrease in sales during its second quarter. Funko Pop has always been a staple in pop culture as it's well known for creating pop figurines inspired by celebrities, music, comic books, sports, movies and television.
Funko's popularity has even been represented throughout movies and television, one of them being AMC's Comic Book Men. Another popular television series that references Funko's is CBS's The Big Bang Theory. You can also find Funko's in your local convention, comic book, toy and super store as they are widely considered to be a huge seller for everyone across the world. The Funko toy industry is even known for other brands such as keychains, miniature figures and even the Pop! Yourself toy line. Even with Funko under new leadership it's very unclear if Josh Simon's goals for this company will bring it back up to success. Much like all the other corporate franchises in America, Funko Pop has had moments where their company has succeeded and struggled financially but after 27 years of business the future of this company shall remain a mystery.
Granted some people may tend to make the argument that Funko Pop is not as popular as there has never been a movie centered around this brand, then again it can happen as there have even been movies centered around the LEGO brand. Although the Funko Pop company has had their share of financial troubles, the products they have sold over the years have increased in value, the most popular example being superhero/supervillain Funko's. Josh Simon's role as CEO of the Funko Pop industry began on September 1st and so far, he has yet to make a lasting impact on the company. Funko Pop is not the first pop culture-based company to go through financial troubles as it's famously known that Marvel Comics once filed for bankruptcy back in the 90's.
With a pop culture staple like this it's very unclear what the world would be like if Funko Pop never came to be, that of course is a question fans always ask whenever it comes to the success and failure of a pop culture property. The Funko Pop headquarters is located in the city of Everett located in Washington State. As a well-known company the question of whether fans would give more love to this company is very uncertain but also something that makes you ask, would it be worth it to still collect them?
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