Navarre Corporation, parent company of FUNimation, announced at a shareholders meeting that they received six "indications of interest" from potential buyers of the anime distributor. Final offers are expected to arrive in 30 to 60 days, though there is no guarantee that any offer will lead to a sale.

Gen Fukunaga, CEO and president of FUNimation, began a new five-year contract on May 27, since his previous agreement ended on May 10. Through the new contract, Fukunaga is required to cooperate and participate in efforts for the potential sale of the distributor. If the sale is made in this period, Fukunaga will receive a "transaction success fee" of $250,000 or 5 percent of the transaction proceeds - whichever amount is greater.