US EditionFunko Announces Appointment of Michael Lunsford as Interim Chief Executive Officer
Summary by Hastings Tribune
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13 Articles
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Funko Replaces CEO After One Year Amid Losses, Falling Sales
Toymaker Funko Inc. replaced Chief Executive Officer Cynthia Williams after just one year on the job, naming board member and former CEO Michael Lunsford as interim head to reverse the company’s slumping fortunes.
·United States
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The global market for collectible toys was valued at about $15 billion in 2023, with an annual growth projection of close to 5% by 2030, data from Grand View Research. Adult collecting and expansion of entertainment franchises are important drivers of growth in the sector. An eMarketer analysis indicates that e-commerce already accounts for 35% of sales of toys and collectibles in the US, and is expected to continue to grow by ease of access to …
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Total News Sources13
Leaning Left2Leaning Right0Center3Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 40%
C 60%
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