Parragon buys Funtastic
International publisher Parragon has acquired the publishing division of Funtastic. Fourteen Funtastic publishing staffers have been made redundant, with the remaining 12 due to move to Parragon’s South Yarra office next...
In brief
Woolies named world-class retailerWoolworths has made it into the top 25 of a list of 250 ‘world-class' retailers. The Deloitte 2008 Global Powers of Retailing report, which identifies the 250...
In brief
Kiwi claims victory in Amazon patent fightNew Zealander Peter Calveley is claiming a one-man victory over Amazon.com, with the internet retail giant announcing changes to its '1-click' checkout system following an...
Madman official local distributor for Tokyopop manga
Madman Entertainment has announced it is now the official local distributor of Tokyopop manga comics. Madman spokesperson Ben Pollock told WBN the deal was a good fit for the company....
Funtastic takeover talks end
A potential takeover bid for Funtastic has been called off.Talks between Funtastic's major shareholder, childcare provider ABC Learning, and ‘an unnamed third party' have been terminated, leading to the end...
‘Another great year’ for Funtastic’s publishing division, but figures show slump overall
Despite full-year results showing ‘a fairly tough year' for the company as a whole, culminating in a drop in net profit of 44% on 2005, Funtastic Publishing had ‘another great...
Private equity bid for Funtastic?
Funtastic has been approached by a potential takeover bidder, believed to be a private equity group.Funtastic ‘has only just commenced considering the proposal' from the unnamed bidder and ‘has had...
Funtastic?s Scott a new publishing GM
Mark Scott has been formally appointed as general manager of Funtastic's publishing division.Scott has been acting in the role for the last four months, overseeing a restructure of Funtastic's publishing...
Funtastic restructure: jobs to go’
Funtastic has announced that it has gone through a restructure that has ‘incorporated a major re-investment into the publishing business unit.'Belinda Payne, Funtastic's GM of marketing and creative services, told...
Parragon sets up in Australia
International publisher Parragon has announced the opening of its Australasian business, based in Melbourne and headed by Ian Ashmore. Ashmore, who formerly headed the publishing division of Funtastic, has been...
Scott to take on ‘caretaker role’ at Funtastic
Following the departure of Ian Ashmore from his position as general manager of the publishing and entertainment arm of Funtastic, the company has announced that Mark Scott, currently general manager,...