FUNimation and Niconico announced at New York Comic Con that the companies are co-licensing anime for streaming and home video releases overseas. To accomplish this, they co-own a new joint venture called Funico, which will handle licensing for both.
Going forward, Niconico will stream Funico-licensed titles, and FUNimation will release Funico-licensed titles on home video. In addition to physical home video media, Funico-licensed titles will be available through download-to-own options that FUNimation uses for its current titles. They also intend to license anime for more countries than the United States and Canada, as much as the Japanese licensors and existing international agreements allow on a case-by-case basis.
Niconico also says its English-language streaming service will offer high-definition video for both free and paid users.
