Navarre Corporation - NAVR- Profile

Navarre Corporation. The Group's principal activity is to publish and distribute home entertainment and multimedia products including PC software, audio and video titles and interactive games. It operates through three segments. The Distribution services segment distribute and provide fulfillment services in connection with a variety of finished goods that are provided by the vendors, which include PC software and video game publishers and developers, independent and major music labels, and independent and major motion picture studios. The Publishing segment own or license various PC software, CD audio and DVD video titles, and it package, brand, market and sell directly to retailers, third party distributors. The major customers include Best Buy Co., Inc., Sam's Clubs and CompUSA, Inc. The products are distributed in the United States and Canada. On 11-May-2005, it acquired Funimation Productions Ltd and Funimation Store Ltd. Distribution accounted for 83% of fis 2006 gross revenues and Publishing, 17%