Forum - View topicNEWS: Funimation Provides Statement on Lawsuit with A.D. Vision
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GrilledEelHamatsu
Posts: 703 |
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It looks as if there will be an eventual settlement. ARM will also have to anwser too. Funimation is moving the suit to Federal court because that'll make it much easier to get a settlement. |
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TnKtRk
Posts: 183 |
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Oh silly Funi, don't you know all your troubles began when you bought yourselves from Navarre? Maybe you should have stayed with your sugar daddy.
Oh well...time to do some shopping. |
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stonehand
Posts: 48 |
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But, you must also remember that one of the claims that Funi is making is that ADV sold its assets, i.e. their licenses that they retained, to Sentai, and other spinoffs of ADV for way below market value. These are part of what Funi is considering as assets of ADV. |
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marie1901
Posts: 24 Location: U.S |
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Seems like the people who're really going to pay will be us, if we're lucky it won't have such a devastating effect on either one of the companies when this is over.
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kakoishii
Posts: 741 |
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Why did funimation even issue a statement regarding Sentai's counterclaim to ANN? They have to know that this whole lawsuit business is not popular among their fans and the retort really comes off as juvenile as a 7 year old saying "Oh yeah? Well you're stupid" after being told his mother was ugly or something. They should've just said nothing and went forward with this whole mess that will likely end in a settlement. I'd be surprised if any clear winner is declared.
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TD912
Posts: 274 |
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When Funimation+NicoNico suddenly teamed up, CR was left with not many shows that season. Funico licensed C^3, Haganai, Future Diary, Guilty Crown, Maken-Ki, and Shana III. Plus Last Exile: Fam, but that series was announced a while ago. CR then partnered up with Sentai, which quickly licensed a few shows to them, such as Horizon on the Middle of Nowhere, Majikoi Oh! Samurai Girls, and Mashiroiro Symphony. Then next season Sentai quickly announced they licensed Ano Natsu, Another, Bodacious Space Pirates, Inu x Boku, and PapaKiki almost exactly right after CR announced they were streaming them. It's not really a conspiracy, but there is some sort of loose partnership going on. Whenever Funimation licenses a show, it usually ends up getting removed from CR. This could be because Funi bought exclusive streaming rights or something. Kinda offtopic, but it seems like the Funico partnership kind of slowly died, or at least went silent. I wonder what's going to happen, as NicoNico doesn't seem to be streaming any new anime, and there hasn't really been any announcement about it either. In any case, I don't think anybody here is an actual intellectual property rights lawyer, so all this finger pointing is just speculation right now. I guess we'll see what happens in a few months... |
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050795
Posts: 230 |
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Ok I can kind of see what you mean although I don't think the whole Funico this was ever supposed to "shake up the entire industry" I think fans just over reacted and made it sound like a bigger deal then it really was (I didn't really listen to Funimations announcement so maybe they did some of that building too?) but really I never thought it would change anything, except maybe nico nico would actually improve their anime website (which was poorly designed and just plain ugly) and it did that. Plus CR has been streaming in North America longer and has already established a good working relationship with anime companies in Japan; I think that has more to do with the fact that companies are willing to let them stream their shows then this "partnership" CR has with Sentai. Also I think Funiamtion is playing it safe by holding off on licensing the DVD/Blu-ray rights to shows until they are sure there is a wide enough audience to make money; unlike Sentai who is licensing anything and everything before or shortly after the first episode airs with no guarantee they are going to make that money back (not an expect but I would think you lose more money licensing, producing, and marketing a physical release of a show that bombs, then just streaming it). Also the sub only releases do save money, but you also alienate a lot of potential buyers who will only buy something that has a dub (then the question if you had dubbed would you have make more money, even with the increase production cost? That is something I wonder about.... well um...probaly not). |
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_V_
Posts: 619 |
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.
Hitler hears that FUNimation and ADV are suing each other http://www.youtube.com/watch?v=bagaUNWz8Sc . |
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yuna49
Posts: 3804 |
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There seems to be a lot of wild speculation in this thread.
As far as I know, Crunchyroll licenses series directly from the Japanese production committees and, according to various reports, makes a bid to carry most every show released each season. Having TV Tokyo as a major partner certainly must help. I don't see how either TVT or Crunchy's other investors would benefit from some shady dealings with Sentai. The "Funico" deal seems largely defensive, an attempt by Funimation to compete for streaming rights by securing its own Japanese partner. As for the validity of Funimation's claims, that clearly will depend on the documentation they present to the court. The reorganization of ADV seemed suspicious when it took place, and it's certainly plausible that Ledford and ADV's other investors were trying to get out from under the debt they owed Sojitz by corporate dissolution. I suspect that a Funimation victory in this suit would be the deathknell for Sentai and the other ADV derivatives. Maybe they could offer to transfer some of their properties to Funimation rather than come up with millions of dollars in cash. I wonder what the market value for ADV's licenses might be, though, especially given the disputed status of Evangelion. They are probably worth more than $8 million, but maybe not a lot more. Most of Section23's licenses are pretty old and unlikely to still be all that valuable. |
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dengart
Posts: 16 |
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Actually only the defendants can remove the case to Federal Court, not the plaintiffs. So this was Sentai/ADV's decision. |
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Mikeski
Posts: 608 Location: Minneapolis, MN |
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And that's exactly the problem. Funi and Sentai have a certain amount of money to spend. They can spend that money in a number of ways (salaries, licensing, advertising, etc.) The one way that's guaranteed NOT to make more anime for us to watch is to give it to lawyers to fight over crap like this. As anime fans, no matter who is "right", no matter who "wins", we all lose. |
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GrilledEelHamatsu
Posts: 703 |
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If it was A.D. Vision's decision to move the suit to Federal court,then its so ADV can argue that ARM was unethitical to both them and convince a Federal judge that ADV & Funimation can go forward with a lawsuit against ARM for "Breach-of-Contract" and "Ehtics Violation". Federal means a foreign investor can be taken to court. For a Plantiff,let alone a small business company, Federal is usually unfavorible. A Settlement is the best option. And everyone, ignore the trolls saying Funimation will win and Section23 will go.under. The case is now Federal. Meaning ARM(the not-so-nice-people who started this mess) can now be supeoned to appear in Federal Court and that Funimation could vouch for a settlement. |
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dragonrider_cody
Posts: 2541 |
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If you read take the time to read the documents, you will we that it was in fact Funimation that moved the trial to federal court. It's possible that they knew ADV was moving ahead with the anti-trust lawsuit and don't want to fight two different cases at two different court levels. |
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Mohawk52
Posts: 8202 Location: England, UK |
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GrilledEelHamatsu
Posts: 703 |
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@Dragonrider. In that case then I reinterate what I said earlier. Each side sees Federal as win-win for them. For Funimation, taking the case Federal means they don't have to waste investors money dragging the suit and can quickly reach a settlement. For A.D. Vision, its the loophole they've been praying for. Federal Court now means that they can force ARM into it. They're hoping that they convince Funimation to drop the suits between both of them and that both sides can now legally file lawsuits against ARM.
So that ADV and Funimation can now team up against the investor that screwed the both of them. |
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