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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 a...

“Demon Slayer the Movie: Mugen Train” attracted about 3.42 million moviegoers over three days. (Asahi Shimbun file photo) TOKYO/NEW YORK--Sony Corp. will buy AT&T Inc.’s animation business Crunchyroll for $1.175 billion, the two companies said on Thursday, as the Japanese electronics conglomerate aims to beef up its entertainment content and distribution businesses. The deal will give Sony access to Crunchyroll’s 3 million paying subscribers across more than 200 countries and regions, helping Sony compete more globally with entertainment giants such as Netflix. Sony’s Funimation Glo...

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. ADVERTISEMENT Crunchyroll is a premier anime direct-to-...

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 pric...

Crunchyroll. Funimation's website also confirmed the acquisition. Sony reports that the purchase price is US$1.175 billion, to be paid in cash at closing. None of the companies have provided any further details about the acquisition, and the deal is still awaiting regulatory approvals and other conditions. In the announcement, Nikkei Asia reported in October that Sony was in final negotiations for the Crunchyroll acquisition. At that time, the newspaper reported that Sony "could end up spending more than 100 billion yen ($957 million)." The technology website The Information reported in...