Sony is acquiring Crunchyroll and adding it to its global Funimation group

12 months ago by IanDorfman

Sony Pictures has officially announced that it will acquire the Crunchyroll anime streaming service from AT&T for $1.175 billion USD.

In the announcement press release, Sony Pictures describes some current key statistics for Small Crunchyroll iconCrunchyroll's user base, which totals 90 million users registered across 200 countries, with 3 million of those users paying for Crunchyroll Premium anywhere from $8 to $15 each month.

Sony states that merging Crunchyroll into Small FUNimation iconFUNimation will "[provide] the opportunity to broaden distribution for their content partners and expand fan-centric offerings for consumers." No further details concerning how Crunchyroll will integrate into the existing Funimation structure, nor what will happen with the Crunchyroll-owned Small VRV iconVRV, which is part of the transaction. This also calls Small HIDIVE iconHIDIVE and its inclusion in VRV into question.

Both Crunchyroll and Funimation emphasized in their respective announcement posts that, until the deal has been finalized and closed, each service will continue to operate independently as they have been.

Further coverage:
Sony Pictures press release
Crunchyroll news post
Funimation news post

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Watch over 25,000 episodes and 15,000 hours of latest and hottest Anime & Asian Drama 1 hour after TV broadcast!

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