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Funimation officially acquires anime streaming service Crunchyroll for $1.175B
Filed under:The move consolidates the anime industry in a major wayOn Wednesday, Sony Pictures Entertainment Inc. announced that AT&T and WarnerMedia agreed to sell Crunchyroll to Funimation. Though there had been rumblings of the acquisition for a few weeks, it wasn’t clear just how the deal would go down or if it would at all. The purchase price for the transaction was estimated by Sony to be $1.175 billion.“The Crunchyroll team has done an extraordinary job of not only growing the Crunchyroll brand but also building a passionate community of anime fans. Crunchyroll’s success is a...…Filed under:The move consolidates the anime industry in a major wayOn Wednesday, Sony Pictures Entertainment Inc. announced that AT&T and WarnerMedia agreed to sell Crunchyroll to Funimation. Though there had been rumblings of the acquisition for a few weeks, it wasn’t clear just how the deal would go down or if it would at all. The purchase price for the transaction was estimated by Sony to be $1.175 billion.“The Crunchyroll team has done an extraordinary job of not only growing the Crunchyroll brand but also building a passionate community of anime fans. Crunchyroll’s success is a...WW…
Funimation officially acquires anime streaming service Crunchyroll for $1.175B
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