Funko nearly collapsed, and a former Netflix executive now leads its revival plan. Here is what it means for designer toy and blind box wholesale buyers.
hiketree wholesale in short: 139 wholesale styles in stock, minimum order 6 pcs per style, case pack 12 pcs, wholesale from $0.60 per piece, down to $0.54 from 200 pcs. Mixed orders across IP brands and categories ship in one consolidated shipment.
Direct answer: Funko, the United States-based maker of licensed pop-culture figures and dolls, nearly went under, and a former Netflix executive is now leading a plan to revive the brand, according to a report published by finance.yahoo.com on 26 September 2026. The story matters well beyond one company: it shows how quickly demand can shift inside the licensed collectibles market, and it encourages retailers and distributors in the United States, Europe and Asia to diversify sourcing — including through B2B wholesale platforms such as hiketree.com.

Funko built its business on licensed vinyl figures tied to film, TV, gaming and anime properties. According to the Yahoo Finance report, the company came close to failure before new leadership stepped in with a turnaround plan. A former Netflix executive is named as the person driving that effort.
Exact financial terms were not confirmed in the original headline report. Any revenue, debt or headcount figures circulating online should be treated as estimated until official filings are published.

Funko helped push licensed vinyl figures into the mainstream. When a category leader stumbles, three effects tend to ripple through wholesale channels:
For shops and online sellers, the practical lesson is not to depend on a single brand or a single supplier. A mixed catalogue — licensed characters, original designer toys and blind-box series — spreads risk and keeps storefronts fresh. That logic is exactly why many buyers now test new SKUs in small quantities before committing to volume orders.
hiketree.com is a global B2B wholesale platform for designer toys and IP collectibles, serving retailers, e-commerce sellers and distributors worldwide. The platform highlights low MOQ wholesale, tiered pricing, worldwide shipping, and OEM/ODM with custom logo services for buyers who want private-label or customised runs.
Reference products that buyers frequently review include the LABUBU Jazz Figure 10cm, the THE MONSTERS Hair Salon Series - Pendant Blind Box, and the Marvel Spider-Man Action Figure 18cm. Full terms, tier structures and shipping options are listed on the hiketree wholesale page.
No. The report says Funko nearly went under, meaning the company came close to failure but remained in operation under new leadership and a revival plan.
A former Netflix executive, according to the Yahoo Finance report published on 26 September 2026. The article does not confirm detailed financial targets.
Because it signals volatility in licensed collectibles. Buyers in the US, Europe and Asia are increasingly testing smaller, mixed orders across blind boxes, plush pendants and action figures instead of relying on one brand.
hiketree.com offers low MOQ wholesale, tiered pricing, worldwide shipping and OEM/ODM services with custom logos. Buyers can request details at victor@hiketree.com or via WhatsApp +86 13735728377.


Funko's revival attempt will be watched closely across the global collectibles trade. Whether it succeeds or not, the wider direction is clear: retailers want flexible sourcing, faster product cycles and suppliers who can scale up or down with demand.
If you are planning your next collectibles order, review the catalogue and wholesale terms at hiketree.com/wholesale, or contact the team directly at victor@hiketree.com and WhatsApp +86 13735728377 for tiered pricing, low MOQ options and OEM/ODM support.
No. The report states Funko nearly went under, meaning it came close to failure but continued operating under new leadership and a revival plan.
A former Netflix executive, according to the Yahoo Finance report published on 26 September 2026. Detailed financial targets were not confirmed in the report.
It highlights volatility in licensed collectibles, pushing retailers in the US, Europe and Asia toward mixed, smaller orders across blind boxes, pendants and action figures.
hiketree.com offers low MOQ wholesale, tiered pricing, worldwide shipping and OEM/ODM custom logo services. Contact victor@hiketree.com or WhatsApp +86 13735728377.
Topics: Funko revival plan, former Netflix executive Funko, designer toy wholesale, blind box wholesale supplier, IP collectibles B2B sourcing
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