Sony’s Funimation Global Group Completes Acquisition of Crunchyroll from AT&T
Sony Pictures Entertainment - 08/10/2021
CULVER CITY, CA AND DALLAS, TX, August 9, 2021 -- Sony Pictures Entertainment Inc. (SPE) and AT&T Inc. (NYSE:T) today announced that SPE has completed its acquisition of AT&T’s Crunchyroll anime business through Funimation Global Group, LLC. Funimation is a joint venture between SPE and Sony Music Entertainment (Japan) Inc.’s subsidiary, Aniplex Inc. The agreement was first announced in December 2020.
Crunchyroll is a premier anime direct-to-consumer service with 5 million SVOD subscribers and growing. It serves 120 million registered users across more than 200 countries and territories offering AVOD, mobile games, manga, events merchandise and distribution. The deal provides the opportunity for Crunchyroll and Funimation to broaden distribution for their content partners and expand fan-centric offerings for consumers.
Access full press release (PDF)