Sony closes $1.175 billion deal to buy Crunchyroll from AT&T

It is official. Sony now owns both Crunchyroll and Funimation. The company’s Sony Pictures division closed on Monday the acquisition, valued at $ 1.175 billion. And with the deal now closed, Tony Vinciquerra, CEO of Sony Pictures, said the company’s goal was “to get a unified anime subscription as soon as possible.”

Sony has not said how soon we can see this and what this “experience” will be like. Funimation and Crunchyroll will remain as separate streaming platforms for the time being, with few details on what the deal means for subscribers.

“With Crunchyroll, we have an unprecedented opportunity to serve anime fans like never before and bring the anime experience to any platform, from theater, events, home entertainment, gaming, streaming, linear television – everywhere and in every way they want theirs Experience anime, “said Vinciquerra.

Sony first announced the acquisition of Crunchyroll from AT&T in late 2020. At the time, the service said it had 3 million subscribers and over 90 million registered users in more than 200 countries. Less than a year later, Crunchyroll finds that those numbers have risen to 5 million and 120 million, respectively.

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