Austin-based Alamo Drafthouse sells art and collectibles arm Mondo to Funko
https://www.statesman.com/story/ente...stin-alamo-dra
The past two years have seen big shake-ups at Alamo Drafthouse, and here's another: The Austin-based movie theater chain on Monday announced that it has sold its Mondo brand to collectibles company Funko.
But according to representatives for Mondo ad Drafthouse, the team behind the collectibles house is sticking together.
Mondo was founded in 2001 by League and Rob Jones. With origins as a T-shirt shop in the original downtown Alamo Drafthouse Cinema, Mondo now sells special-edition screen-printed posters, vinyl soundtracks and other toys and collectibles geared toward cinephiles and fostering the creative work of artists. Over the years, it grew into a cult-favorite phenomenon with its own Austin gallery and a convention.
Alamo Drafthouse co-founder and executive chairman Tim League said in a statement Monday that "Mondo was our saving grace, the only facet of our business that kept the lights on" during a turbulent pandemic, which saw an extended closure of cinemas and the company filing for bankruptcy.