FUNimation Productions, LLC (commonly known as Funimation) is an American entertainment, anime, and foreign content distribution company that is majority owned by Sony Pictures Entertainment, a division of the Japanese conglomerate Sony. Based in Flower Mound, Texas, the studio is one of the leading distributors of anime and other foreign entertainment properties in North America alongside Viz Media, Sentai Filmworks and Aniplex of America. Their most popular property is Toei Animation 's action- adventure series Dragon Ball Z, which had a successful run on Cartoon Network's Toonami block from 1998 to 2003, and has been re-released on DVD and Blu-ray several times since.
The company was founded on May 9, 1994 by Gen Fukunaga and his wife Cindy as FUNimation Productions, with funding by Daniel Cocanougher and his family, who became investors in the company. Funimation was sold to Navarre Corporation on May 11, 2005 and the company was renamed FUNimation Entertainment.
In April 2011, Navarre sold Funimation to a group of investors including Fukunaga (and John A. Kuelbs) for $24 million. Around the same time, the company 's trademark ball, star and blue bar were dropped from its logo and the company was renamed to simply Funimation. In May 2013, Funimation consolidated its divisions under its new holding company Group 1200 Media. Kuelbs became Chairman of Funimation/Group 1200 after the acquisition from Navarre. Kuelbs and Fukunaga continued to make additional investments into Funimation.
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