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- This news is the completion of journey started with the announcement in March that Funtastic Limited planned to sell Madman Entertainment as they discovered that Madman's market value was half it's carrying value.
www.animenewsnetwork.com/news/2014-07-31/madman-entertainment-completes-buy-back-from-funtastic-limited/.77161
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Mar 9, 2014 · Madman founders Paul Wiegard and Tim Anderson said in a letter to staff on Friday that they were ''pretty damn chuffed to announce that Funtastic has agreed to sell the business back to us as part of a small consortium that has shared enthusiasm for Madman and the potential it holds''.
Jul 31, 2014 · The very next day ANN was informed that Madman's original owners, Tim Anderson and Paul Wiegard, had started a process to purchase the company back from Funtastic Limited. Details on the sale...
On 1 May 2006, Madman Group was purchased by Funtastic Limited for A$34.5 million, in order to acquire the media rights to titles for which Funtastic held the toy rights. Madman founders Tim Anderson and Paul Wiegard also signed an employment agreement upon the acquisition, remaining on Madman's board of directors.
Aug 4, 2014 · Madman has its roots in the physical (ie DVD) home entertainment market – one of the reasons for the original sale to Funtastic was to get more warehouse space – which has maintained its...
Mar 7, 2014 · Today the original founders of Madman Entertainment, Tim Anderson and Paul Wiegard, announced that they would be purchasing the company back from Funtastic Limited.
Aug 1, 2014 · HONG KONG – Madman Entertainment, one of Australia’s largest independent film distributors, has been bought by its management for A$21.5 million (US$20.5 million).
Wiegard and Anderson established Madman 18 years ago, sold it to public toy and confectionary company Funtastic Pty Ltd a decade later and, with the help of new partners, have now bought it back from Funtastic.
