Once the darling of collectors and comic shops alike, Funko Pop! — the vinyl figure brand that turned fandom into a billion-dollar business — is now teetering on the verge of financial ruin. The company behind the figures has admitted that it may not survive another year as sales slump and losses mount.
Funko, which has become a symbol of pop culture merch for more than a decade, has revealed spiralling debts and catastrophic losses that paint a troubling picture for the company's future. These 'chibis' might say goodbye soon if the downward trend continues.
