I'm not sure if I'd go so far as to say that Funi's dubbing model works since it has a revenue stream from Dragonball that can basically bankroll all the dubs of their other series.
Perhaps, but having spoken with a Funi rep a few weekends ago at a convention, it's seems to be a common misconception among fans that
DBZ can somehow fund an endless stream of no-profit dubs. Rather, according to them, they are able to take a few more risks with
DBZ backing them but they "absolutely never consider licensing a title that isn't likely to generate profit". Of course I immediately asked why they would license a sports anime (
Big Windup) then. They weren't able to answer [not because they didn't have one] but I believe I successfully guessed that it was part of a license bundle.
It's also interesting to note that, while weren't sharing any numbers, they also mentioned making a decent bit of ad revenue from their streaming efforts.
My original point was simply that they've proven that it works and I think it's fair to say that it isn't just speculation on my part. Funimation hasn't mysteriously grown because of a new generation of
DBZ fans but because they have used that steady revenue stream, plus the revenue from their other properties, to propel a proven business model.
They also have adapted quickly to the requests/demands of retailers and modified the way they release series, eliminated most packaging and "unnecessary" extras, re-authored DVD's to save on production costs, etc.
IMO, their model more closely represents quick adaptation to a changing market.
In keeping with the subject of the viability of dubs, their strategy has remained unchanged, no?
In the past year or two Funi also got a lot of "free" dubs from the ADV/Sojitz separation.
It's also worth noting that, of the "free" dubs they benefited from, they also only got second-run sales so I'd imagine the expenditure saved vs. profit lost roughly matched.
Viz is behaving almost too cautious... in a manner that wreaks of being burned in the past or expecting the bottom to fall out at any moment. Having Naruto/Bleach/Death Note would lead me to believe they could be more aggressive than they currently are.
By all measures they *should* be an absolute juggernaut. I'm not exactly sure how they aren't able to leverage their "triple-DBZ" lineup better. Perhaps their target audience hasn't reach the critical-mass age at which they have a genuinely significant disposable income. Maybe in a few years those titles will be pure gold like
DBZ is now for fans who saw it 5 or 10 years ago.