Funko to toss $30M worth of bobbleheads into the trash

Photo by: WDAY Radio Staff
Photo by: WDAY Radio Staff

(Everett, WA) -- Funko is planning to throw out about 30-million-dollars worth of its iconic bobbleheads.

Funko Pop toys and collectibles are famous for their depictions of pop-culture icons.

In an earnings report last week, the company said its inventory was up 48-percent from a year before, and that it plans to eliminate excess toys because of limited warehouse capacity.

Sales in Funko collectibles fell over six-percent in the last fiscal year, but CEO Brian Mariotti says the brand still has a "resilient global fanbase."