Funko Buys Mondo, High-End Pop Culture Collectibles Vendor, From Alamo Drafthouse (EXCLUSIVE)
variety.comTodd Spangler NY Digital EditorFunko is popping cult-fave pop-culture brand Mondo into its merch mix.Under a deal with indie theater chain Alama Drafthouse, Funko acquired Mondo, which creates and sells vinyl records and soundtracks, posters, toys, apparel, books, games and other collectibles.
About 30 Mondo employees are joining Funko.Financial terms of the deal are not being disclosed, but it’s obviously not massive.
Funko says it does not expect the Mondo acquisition to have a material impact on its financial performance in 2022.Mondo, based in Austin, Texas, was founded in 2001 by Rob Jones and Tim League and was previously a subsidiary of Alamo Drafthouse.
Mondo has become best known for its limited-edition vinyl records and screen-printed posters, which focus on bringing art back to music and cinema through collaborations with acclaimed artists.
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