December 10, 2020 4 min read
This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process. This story originally appeared on Cine Premiere
By
Sony Pictures Entertainment and
AT&T todaymade official the sale of Crunchyroll (AT&T) to Funimation Global Group, LLC. for an amount of $ 1,175 million dollars. Funimation is a joint venture between Sony Pictures Entertainment Inc. and subsidiaries Sony Music Entertainment (Japan) Inc. and Aniplex Inc.
In a press release , Sony announced that the transaction price will be subject to working capital and other adjustments, and the proceeds will be paid in cash at the close of the purchase. The Japanese company further noted in the newsletter that
Sony to buy anime business Crunchyroll for $1 18b to expand global footprint
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Sony to buy AT&T s anime business for US$1 18 billion to expand global footprint
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Sony to buy AT&T s anime business for $1 18 billion to expand global footprint
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