Funko reports a slight increase in Q4 net sales compared to Q3
- Q4 Net Sales Outlook: The company anticipates a modest increase in net sales compared to Q3 2025.
- Gross Margin Projection: A gross margin of approximately 40% is expected for the upcoming quarter.
- Adjusted EBITDA Margin Forecast: The adjusted EBITDA margin is projected to be in the mid- to high single-digits range.
- Overall Financial Expectations: The company is setting a cautious but optimistic tone for its financial performance in Q4.
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Netflix's 'Stranger Things' Season 5 Draws 59.6 Million Views in Premiere Week
- Viewer Surge: Netflix's 'Stranger Things' Season 5 Volume 1 amassed 59.6 million views in its premiere week, marking the largest opening week for an English-language series on the platform, underscoring the show's immense appeal in the streaming market.
- Brand Collaboration Expansion: Netflix has partnered with brands like Lego and Nike to launch a range of 'Stranger Things' merchandise, aiming to enhance fan engagement and diversify revenue streams, thereby solidifying its position in the consumer products market.
- Innovative Theater Release: The final season will be screened in over 500 theaters, where audiences must purchase concession vouchers for guaranteed seating, a new model that not only boosts theater revenue potential but also opens new avenues for collaboration between Netflix and exhibitors.
- Cultural Impact: Since its debut in 2016, 'Stranger Things' has revived 1980s cultural trends and, through a partnership with Epic Games, integrated its brand into the popular game Fortnite, further expanding its cultural influence and market recognition.

'Stranger Things' marked the beginning of a new chapter for Netflix
Stranger Things' Impact on Netflix: Initially rejected by over 15 studios, "Stranger Things" became a cultural phenomenon for Netflix, marking a pivotal moment in the streaming service's history and solidifying its leadership in original programming.
Final Season Release and Viewership: The fifth and final season of "Stranger Things" premiered with Volume 1 achieving record viewership, generating 59.6 million views in its first five days, and Volume 2 is set to release on Christmas.
Merchandising and Brand Collaborations: Netflix has expanded its consumer products division, launching numerous partnerships with brands for "Stranger Things" merchandise, including toys, apparel, and food collaborations, enhancing fan engagement.
Live Events and Cultural Revival: The series has inspired immersive experiences and live events, such as a play and an interactive exhibition, while also reviving 1980s trends in fashion and culture, showcasing Netflix's strategy to maintain audience interest beyond streaming.






