Someone explain to me what all this has to do with the lawsuit…
Everything and possibly nothing. 
Nothing, but whatever, not like any good comes out of it anyway. Unless we’re inside the business, we’re not going to know all the detail and the lies that are being told. Either way, fans lose in the end if it just doesn’t drop.
I’m going to create a general industry discussion thread in the other Anime Section .
From here on only news or discussion of the lawsuit for this thread.
Really, this was the best outcome that could have been hoped for, and one that I was personally expecting. We will likely never know the details of the settlement, but it will be interesting to see if the operations of either company are affected in the future. Hopefully there won’t be any lasting repercussions.
Hmm. I wonder if this will allow Evan Stone to have more free time to chase down anime pirates, his previous pass time. Since this news is dated (ANN doesn’t have its finger on the pulse of the anime world, that’s for certain) I suppose that the answer to that is already known.
I expect that ADV got the raw end of this deal. What did ADV have to offer funi that would appease them in their pursuit of millions of dollars? I get the impression that it wasn’t millions of dollars but it has to be something of value since ADV wasn’t exactly holding Funi’s feet to the fire in the courts and surely funi didn’t throw in the towel out of the goodness of their hearts…
It was mostly likely a cash settlement of some sort. If any other assets were transferred, that will be pretty apparent very soon. This would have been a difficult case in court, especially given Funimation’s actions before the lawsuit as well as the statutes in Texas law. I’m sure they got some money, but I doubt it was anywhere near the $8 million they sued for. It never is when these cases are settled.