FUNimation Entertainment and Independent Film Channel Bring More Anime to TV

DALLAS, Dec. 4 /PRNewswire-FirstCall/ -- FUNimation Entertainment, a wholly-owned subsidiary of Navarre Corporation and the market share leader for home video sales of Japanese animation in the United States, announces the addition of two of its properties to the Independent Film Channel's growing slate of anime programming.

In January, IFC premieres a full season of Basilisk and Gunslinger Girl. The two properties will create a one-hour anime programming block, leading into the new Friday night line-up dubbed 'Grindhouse.' IFC has experienced recent success with another acquired anime series from FUNimation, Samurai 7, which debuted on the network in April.

"Anime continues to be an ever-growing form of entertainment in the United States as is being demonstrated by the overwhelmingly positive fan feedback of anime programming on IFC. We look forward to our continued work with IFC as they build on the success of Samurai 7 by offering their viewers two additional high-quality anime properties," stated Gen Fukunaga, president and CEO of FUNimation Entertainment.

"IFC values the opinions of our viewers, and proven by our popular film strands 'Samurai Saturdays' and 'Indie Screams,' anime and horror are two genres that our viewers continue to enjoy and request," said Evan Shapiro, Executive Vice President and General Manager, IFC. "With the addition of these programs to our expanding slate of original series and docs, IFC is delivering on its commitment to increasing the original and serial programming on the network."

Gunslinger Girl and Basilisk are scheduled to premiere on IFC January 5, 2007 at 11:00pm EST, leading into IFC's new film strand.

About Navarre Corporation

Navarre Corporation is a publisher and distributor of physical and digital home entertainment and multimedia products, including PC software, CD audio, DVD video, video games and accessories. Since its founding in 1983, the Company has established distribution relationships with customers across a wide spectrum of retail channels which includes mass merchants, discount, wholesale club, office and music superstores, military and e-tailers nationwide. The Company currently provides its products to over 19,000 retail and distribution center locations throughout the United States and Canada. Navarre has expanded its business to include the licensing and publishing of home entertainment and multimedia content, primarily through the acquisitions of Encore, BCI, and FUNimation. For more information, please visit the Company's web site at http://www.navarre.com/ .

About FUNimation Entertainment

FUNimation Entertainment, a wholly-owned subsidiary of Navarre Corporation , is the leading company for home video sales of Japanese animation in the United States. The company's most recent initiative is the FUNimation Channel(SM), a new, 24-hour digital network featuring programming from the top anime brands in the U.S. FUNimation has a proven formula for launching and advancing brands, and manages a full spectrum of rights for most of its brands including broadcasting, licensing, production, internet, and home video sales and distribution.

About IFC Television

The Independent Film Channel (IFC) is the first and most widely distributed network dedicated to independent film 24 hours a day, uncut, uncensored and commercial-free.

The network is part of IFC Companies -- the only brand to operate in every area of independent film to include television, production, financing, distribution, digital, on-demand and exhibition. IFC Companies uses its unique cross-platform position to broaden the audience of independent film and to provide independent filmmakers with a strong voice. IFC Companies is a division of Rainbow Media Holdings, LLC.

About Rainbow Media Holdings LLC

Rainbow Media Holdings LLC is a subsidiary of Cablevision Systems Corporation . Rainbow Media creates and manages some of the country's most compelling and dynamic entertainment brands including popular national and regional television channels AMC, fuse, The Independent Film Channel (IFC), WE tv, and two FSN affiliated regional sports networks managed by Rainbow Sports Networks. The company also manages Mag Rack and sportskool, two original on-demand networks; VOOM HD Networks, the largest and most diverse suite of high definition channels available anywhere; IFC Entertainment, its film distribution, production and exhibition division; Rainbow Advertising Sales Corporation, its advertising sales division; and Rainbow Network Communications, its full service network programming origination and distribution company.