KEY POINTS
  • A consortium including ex-Disney CEO Bob Iger, sports agent Rich Paul, eBay and the Chernin Group are taking a 25% stake in toy maker Funko.
  • As part of the investment, eBay and Funko agreed to make eBay the preferred secondary market for Funko products.

In this article

A consortium including former Disney CEO Bob Iger, sports agent Rich Paul, eBay and the Chernin Group is buying a 25% stake in toy maker Funko.

The investment, which is worth $263 million, or $21 per share, means Chernin will add two directors to Funko's board. Chernin Group CEO Peter Chernin and Iger will serve as advisors to the board.

In this article