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Sony’s Funimation Global Group Has Officially Acquired Crunchyroll

Justice Department Probes Sony’s Crunchyroll Acquisition

It’s officially happened: Sony’s Funimation Global Group has acquired Crunchyroll. Sony paid $1.175 billion to AT&T for the purchase. While Crunchyroll has been quite a moneymaker, AT&T wanted to sell it to help pay off its debts.

The different companies involved put out statements, sharing their excitement but not yet sharing details on what comes next.

“Our first priority is you, the millions of fans who form the global community that is anime,” Funimation said. “And now we have the opportunity to create a unified anime subscription experience that puts fans first, offering the most comprehensive lineup ever. There’s lots to do, so the work begins today to make it happen!”

Chairman, president and CEO of Sony Group Corporation Kenichiro Yoshida also said, “We are very excited to welcome Crunchyroll to the Sony Group. Anime is a rapidly growing medium that enthralls and inspires emotion among audiences around the globe. The alignment of Crunchyroll and Funimation will enable us to get even closer to the creators and fans who are the heart of the anime community. We look forward to delivering even more outstanding entertainment that fills the world with emotion through anime.”

Crunchyroll said in a statement, “The two brands you know and love will be working together, and we believe this is a great thing for fans and the industry, alike! Both teams are knowledgeable, passionate, and have been committed to the anime community for decades. We couldn’t ask for better partners.”

Crunchyroll continued, “We know you may have questions! Today we begin the work of bringing two awesome teams together to bring you more of what you love. Thank you for your trust and support!”

Some anime fans have expressed concern over the acquisition, thinking it would create a monopoly on anime. What are your thoughts on the official acquisition?

Source: ANN


Danica Davidson is the author of the bestselling Manga Art for Beginners with artist Melanie Westin, and its sequel, Manga Art for Intermediates, with professional Japanese mangaka Rena Saiya. Check out her other comics and books at www.danicadavidson.com.