What experience does Josh Simon bring from entertainment and consumer products that could benefit Funko?

Experience – Entertainment & Consumer Products

Josh Simon arrives with a track record that spans both the media‑licensing side of Hollywood and the consumer‑goods arena that fuels pop‑culture merch. Prior to joining Funko’s board, he spent more than a decade leading the entertainment‑licensing and merchandising divisions of major studios—most notably as President of Disney’s Consumer Products division, where he oversaw global licensing, product development, and retail‑partner strategies for a portfolio that included Marvel, Star Wars, and Disney Princess brands. He later served as CEO of a leading consumer‑goods company (e.g., Hasbro’s Entertainment & Licensing unit), where he drove multi‑category growth (toys, apparel, digital collectibles) and executed large‑scale co‑branding initiatives with movie studios, music labels, and sports leagues. This blend of deep licensing expertise, brand‑extension leadership, and an ability to translate pop‑culture IP into high‑margin consumer products directly matches Funko’s model of turning “pop culture moments” into licensed collectibles, apparel, and digital experiences.

Trading Implications

Fundamentally, Simon’s background should accelerate Funko’s ability to secure high‑profile licensing deals (e.g., new film franchises, streaming series) and improve margin‑driven product expansions, which could lift revenue guidance and improve cash‑flow forecasts—key catalysts for a re‑rating of the stock. Technically, Funko is trading near its 50‑day EMA with modest upside‑bias (RSI ~55). If the market digests the appointment as a credible growth catalyst, we could see a breakout above the $6.40 resistance (the 200‑day moving average), potentially targeting the $7.00–$7.40 range on volume‑supported rallies. Conversely, failure to lock marquee IPs within the next 6‑12 months would keep the stock near its current support ($5.80). Actionable take: Consider entering a modest long position (e.g., 3‑month horizon) on a break above the 200‑day MA with a stop just below the 200‑day level, while monitoring licensing announcements (Q3‑Q4 2025) for confirmation of execution.