AnimeLab Renames Itself FunimationANZ

AnimeLab Turns To Funimation
AnimeLab Turns To Funimation

Many anime fans’ beloved anime streaming service AnimeLab is going to undergo a radical transformation soon. The representatives of AnimeLab made a drastic announcement that AnimeLab will be getting a new name: FunimationANZ from June 17 onwards. 

By June 17, all subscribers of AnimeLab will be transferred to the main Funimation streaming service. However, diehard Funimation users need not worry much as Madman, a significant shareholder will still function. It’ll still function as an online store and physical distribution hose when there are theatrical and physical releases.

Must Read: Funimation acquires Crunchyroll for $1.2 billion

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However, unfortunately, there will be some radical changes that might not sit well with some. The social media pages of AnimeLab will be changed to Funimation simply. 

Now, let’s take a close look at AnimeLab’s history and its popularity.

History of AnimeLab

AnimeLab initially began as one of Madman Entertainment’s broadcast efforts in 2014. They wanted to capitalize on the huge fan base in Australia and New Zealand. There was a raging online presence of animes and it was an overwhelmingly popular move. 

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The popularity of anime and the zealous fan base made it possible to start an Anime Festival. Even Japan’s Aniplex saw huge potential in AnimeLab and thus bought a stake in the Madman Anime Group, a newly formed group in 2016.

Aniplex eventually became the majority stakeholder in the entire company. AnimeLab’s transformation is a story that is all too common but inevitable for many companies.

Check this out: Demon Slayer: Special Anime Episodes To Release on Funimation

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