Sony acquires Crunchyroll from WarnerMedia s AT&T
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Sony buys anime streaming service Crunchyroll for $1 17bn
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We are excited to join our peers at Sony and Funimation.
There are many questions we can’t answer yet, but we’re excited by the prospect of this combination. https://t.co/R6ACXYHRHL
“The Crunchyroll team has done an extraordinary job of not only growing the Crunchyroll brand but also building a passionate community of anime fans,” Tony Goncalves, Chief Revenue Officer of WarnerMedia, said in a statement. “Crunchyroll’s success is a direct result of the company’s culture and commitment to their fans. By combining with Funimation, they will continue to nurture a global community and bring more anime to more people. I’m incredibly proud of the Crunchyroll team and what they have been able to accomplish in the digital media space in such a short period of time. They’ve created an end-to-end global ecosystem for this incredible art form.”
Press release content from Business Wire. The AP news staff was not involved in its creation.
AT&T to Sell Crunchyroll to Sony’s Funimation Global Group
December 9, 2020 GMT
CULVER CITY, Calif. & DALLAS (BUSINESS WIRE) Dec 9, 2020
Sony Pictures Entertainment Inc. and AT&T Inc. ( NYSE:T ) today announced that AT&T agreed to sell its Crunchyroll anime business to Funimation Global Group, LLC. Funimation is a joint venture between Sony Pictures Entertainment Inc. and Sony Music Entertainment (Japan) Inc.’s subsidiary, Aniplex Inc.
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Crunchyroll is a premier anime direct-to-consumer service within AT&T’s WarnerMedia segment with more than 3 million SVOD subscribers and growing. It serves 90 million registered users across more than 200 countries and territories offering