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Toymaker Funko, Backed by Iger and Chernin, Replaces Leaders

(Bloomberg) — Toymaker Funko Inc., backed by media moguls Peter Chernin and Bob Iger, replaced its top management, saying the board was taking swift action after a financial stumble last month cut the share price by more than half.

Brian Mariotti, chief creative officer, is returning as chief executive officer. He replaces Andrew Perlmutter, who becomes president, the Everett, Washington-based company said Monday. Jennifer Fall Jung is stepping down as chief financial officer.

“Mariotti has a mandate from the board to identify operational improvements while continuing to drive profitable growth,” the company said.

Mariotti was CEO for several years until January.

Investors led by Chernin and Iger, who returned last month to lead Walt Disney Co., invested $263 million in Funko earlier this year, paying $21 a share. But shares of the company, the maker of bobblehead figures and pop-culture collectibles, plunged almost 60% to $7.92 on Nov. 4 after the company cuts its 2022 financial forecast.

Shares of Funko rose as much as 4.4% to $10.85 in extended trading Monday after the announcement. The stock hit an all-time of $31.12 in 2018, about a year after its initial public offering.

Funko cut its forecast for 2022 profit last month, predicting adjusted earnings of 70 cents to 80 cents a share, down from as much as $1.99 a share previously. The company also trimmed its peak sales outlook to $1.33 billion from $1.35 billion and said margins would narrow as well.

©2022 Bloomberg L.P.




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Funko Pop spoils Phase 5 of the MCU’s major villain

Marvel fan are excited to see Kang the Conquerer (Jonathan Majors), for the first-time since The Avengers. Loki The season 1 finale Quantumania: Ant-Man and The Wasp, but he won’t be the only villain present in the upcoming sequel. A number of new characters will be introduced to us, including MODOK. The villain hasn’t shown up in any of the Ant-Man trailers yet, but a toy might have spoiled MODOK’s design.

Funko this week Published the Product Listing Page For the MODOK bobblehead Quantumania: Ant-Man and The Wasp Its website. MODOK is a comic book character with a very small body and huge head. MODOK hovers over the Doomsday Chair.

MODOK was a villainous scientist who, as with other Marvel villains became an evil genius because of it. In 1967, he first made his debut in the issue of Marvel. Tales of Suspense He was eventually a Captain America enemy. We rarely see his face but he seems to have covered his head with a helmet made of gold. Here’s the unreleased Funko Pop:

MODOK - Ant Man & The Wasp Quantumania Funko Pop.
MODOK – Ant Man & The Wasp Quantumania Funko Pop. Image source: Funko

MODOK had been a part of the plan. Ant-Man 3 He was there in the San Diego Comic-Con 2022 trailer, which has not yet been released. We don’t know what role he will play, but in the comics, he is an employee of Advanced Idea Mechanics (A.I.M.). A.I.M. is the MCU’s main antagonist. Aldrich Killian, also known as The Mandarin (Guy Pearce), founded A.I.M. We haven’t seen much of A.I.M. We haven’t seen much A.I.M. since Iron Man 3However, they may have an important role in Phase 5.

Marvel is yet to announce who will portray MODOK in MCU. You can read the full article here The official Iron Man 3 Videogame, A.I.M. downloaded Killian’s consciousness prior to his death to create MODOK. Guy Pearce might return to the role if that proves to be possible (though Tony won MODOK’s battle in the game). Marvel may bring back Patton Oswalt if it is MODOK from another universe. Oswalt voiced this character in Hulu’s animated MODOK Reihe.

No matter what Marvel does to MODOK in MCU, it will be revealed when Quantumania: Ant-Man and The Wasp In theaters February 17, 2023.


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Quantumania” Funko Pop! Figures Now Available for Pre-Order

Phase 5 of the Marvel Cinematic Universe kicks off this February with Ant-Man and The Wasp: Qunatumania, and now fans can get their hands on the first wave of Funko Pop! figures themed to the movie.

(Please note this article contains affiliate links. Your purchase will support LaughingPlace by providing us a small commission, but will not affect your pricing or user experience. Thank you.)

What’s Happening:

  • Ant-Man and the Wasp are returning to the big screen early next year, but you can already start shopping for collectibles from Funko! 
  • Following the debut of a new featurette at Brazil Comic Con, pre-orders for four Pop! figures (and key chains) opened showcasing the main characters dressed for epic action. Among this first series to arrive are:
    • Ant-Man
    • Wasp
    • Kang
    • M.O.D.O.K. 
  • The latter are longtime Marvel comic favorites, and are finally making their way to the MCU. If we’re getting technical, this is Kang’s first appearance in the franchise, but last summer, audiences met one of his variants—He Who Remains— in the Disney+ series Loki (both played by Jonathan Majors).
  • As for M.O.D.O.K. (Mental Organism Designed Only for Killing), he most recently starred in his own animated show on Hulu, but this was not part of the MCU. He was voiced by Patton Oswalt.
  • The Ant-Man and the Wasp: Quantumania Funko Pop! collection is available for pre-order on Entertainment Earth and prices range from $5.99-$11.99.
  • Pre-orders are expected to ship in January 2023. Links to the individual items can be found below.

Free Shipping at Entertainment Earth:

  • Laughing Place is pleased to share a special Entertainment Earth affiliate link that can save you 10% off in-stock items plus Free Shipping on orders of $39+! Shop using our ​​EE.toys/LPFAN link—or enter code LPFAN at checkout.

Ant-Man and the Wasp: Quantumania Kang Pop! Vinyl Figure – $11.99

Ant-Man and the Wasp: Quantumania Ant-Man Pop! Vinyl Figure – $11.99

Ant-Man and the Wasp: Quantumania Wasp Pop! Vinyl Figure – $11.99

​​Ant-Man and the Wasp: Quantumania M.O.D.O.K. Pop! Vinyl Figure – $11.99

Ant-Man and the Wasp: Quantumania Ant-Man Pocket Pop! Key Chain – $5.99

Ant-Man and the Wasp: Quantumania M.O.D.O.K. Pocket Pop! Key Chain – $5.99


Ant-Man and the Wasp: Quantumania premieres in theaters on February 17, 2022


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Quantumania’s MODOK Revealed in Funko Pop

modok funko

Image: Funko

Marvel Studios is getting ready to kick off phase 5 with Ant-Man and The Wasp: Quantumania. And of course collectibles and toys are going to be the first place where we get a good look at what to expect as far as what its heroes and villains will look like.

After being briefly seen at San Diego Comic-Con 2022, here’s the toy-sized reveal of the full design for MODOK in the feature film. The Funko Pop shows him on his floating Doomsday Chair with the classic purple and gold details. Love the little tuft of take-off thrust air.

Image for article titled Ant-Man and The Wasp: Quantumania's MODOK Design Gets Revealed Via Funko Pop

Image: Funko

While it’s not yet known who will voice or portray the character, in the comics he starts off as a technician working for AIM who gets mutated into MODOC— a “Mental Organism Designed Only for Computing”—and then goes crazy and becomes MODOK, a “Mental Organism Designed Only for Killing.”

In the film, AIM was the corrupt organization run by Aldrich Killian, and in the official Iron-Man 3 game, Killian (played by Guy Pearce in the movie) had the company upload a copy of his consciousness into tech—making him MODOK for its plot. There’s no confirmation if this is the way the character will lean for Quantumnania or if they’ll go full meta and bring in Patton Oswalt’s variant from Hulu’s recent MODOK show.

Image for article titled Ant-Man and The Wasp: Quantumania's MODOK Design Gets Revealed Via Funko Pop

Screenshot: Funko

Ant-Man and the Wasp: Quantumania hits theaters February 17, 2023.


Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about James Cameron’s Avatar: The Way of Water.


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Funko Games Announces ‘Five Nights at Freddy’s Scare-in-the-Box Game’

Funko Games announced Five Nights at Freddy’s Scare-in-the-Box Game for release into retail in January 2023.

This new game features a Freddy-Fazbear-turned-jack-in-the-box, which produces eerie sound effects, for players pass around the table. On their turn, they can choose to either turn the crank on the box and tempt fate or play pass tokens to skip their turn. When Freddy pops out of the box, Freddy captures players. There are two ways to win the game. Players can use scare tokens to try and steal the win from the other players or play it safe and be the last player not eliminated.

Five Nights at Freddy’s Scare-in-the-Box Game is for two to eight players, ages 8 and up, and plays in 15 minutes. It will retail for $24.99.

Funko also recently released Something Wild! Marvel Holiday Baby Groot (see “‘Something Wild! Marvel Holiday Baby Groot’“).


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