Funko Buys Mondo From Alamo Drafthouse

thewrap.com:

Mondo shop will no longer be under the Alamo banner, with Drafthouse founder and executive chairman (and Mondo co-founder) Tim League noting that the pandemic factored into the decision to sell Mondo.“The past two years have been brutal and harrowing at Alamo and Mondo,” League said in a statement. “We filed bankruptcy and thankfully emerged from COVID in fighting shape, ready to continue our mission of being the best damn cinema that has ever or will ever exist.

While we were closed, however, Mondo was our saving grace, the only facet of our business that kept the lights on.”As the theater business returned, League began looking for a new partner for Mondo. “As the company resources are focused on this growth, we realized that perhaps a bold and exciting new chapter is about to begin for Mondo,” he continued. “Over the past few months, we searched exhaustively to find a perfect partner who saw what was unique and special about Mondo and was in a position to meaningfully invest in Mondo, nurture the team, and further its reach and vision.

Funko is exactly that unicorn.”Importantly, League notes that the Mondo team will be staying intact as they move over to Funko. “The team that made Mondo amazing is staying together, making the transition to Funko, and will continue their same work with the same creative vision.

I am super excited about the future plans I know about, and I’m sure I will soon marvel at the work that is not yet even a lightbulb spark.”During its 20-year existence, Mondo has become a destination for film and TV fans as their partnerships with various artists have resulted in limited edition custom screen prints that elicit massive demand (not to mention sell for a pretty penny on eBay).