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AT&T Hives Off Crunchyroll to Sony PUBLISHED BY AT&T announced Wednesday that it is selling off its anime streaming service Crunchyroll to Sony’s Funimation Global Group for $1.175 billion. There have been a spate of mergers and acquisitions among streaming media companies as they consolidate in a bid to expand their market presence. Over the last five years, the number of services that stream video over the internet has more than doubled to 271, according to research firm Parks Associates. The entry of big-name media companies into streaming means an end of the road for some, and for othe...

10 December 2020, 6:12 am EST By Sony Corporation is set to purchase Crunchyroll, an anime streaming service from AT&T for a total of $1.175 billion. The buyout was announced by both Sony and AT&T on December 9. Crunchyroll will now be a part of Sony's Funimation, which already licenses numerous popular anime shows such as "Fullmetal Alchemist", "Attack on Titan", and "One Piece". Sony set to invest on Crunchyroll Now that Sony owns both Funimation and Crunchyroll, the company already has power over anime shows in the United States at a time when other media companies are trying to sort out ...

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.

AT&T on Wednesday said it will sell anime streamer Crunchyroll to Sony's Funimation Global Group for $1.175 billion.

Sony to buy anime streaming service Crunchyroll for ¥120 billion Sorry, but your browser needs Javascript to use this site. If you're not sure how to activate it, please refer to this site: https://www.enable-javascript.com/ Sony Corp. will buy AT&T Inc.'s animation business Crunchyroll. | REUTERS Reuters, Bloomberg Dec 10, 2020 Sony Corp. will buy AT&T Inc.’s animation business Crunchyroll for $1.175 billion (about ¥120 billion), the two companies said Thursday, as the electronics conglomerate aims to strengthen its entertainment content and distribution businesses. The de...