Nikkei: Sale Of Crunchyroll To Sony In Final Phase

AT&T reportedly plans to sell the Crunchyroll streaming service to Sony. The negotiations should now be in the final phase.

Companies have not yet commented

The Nihon Keizai Shimbun, also known as “Nikkei”, reported today that Crunchyroll could soon be owned by Sony for over 100 billion yen, which corresponds to about 821 million euros. This would mean that Sony, who are currently said to have the exclusive right to negotiate Crunchyroll, would also win over the 70 million members of the VoD provider.

Previously, AT&T is said to have asked for around 1.5 billion US dollars (approximately 1.29 billion euros) for the streaming platform. This price is said to have been too high for Sony, which is why it was not sold at the time. When AT&T fully acquired Crunchyroll in 2018, the platform was valued at $ 600 million.

Last fall, Crunchyroll took over the majority stake in the VIZ Media Europe Group, which includes Anime on Demand, KAZÉ Anime and Manga, and AV Visionen. Meanwhile, VIZ Media Europe and VIZ Media Switzerland were already in Crunchyroll renamed. A renaming of AV Visionen GmbH to Crunchyroll GmbH is to take place in the foreseeable future.

Sony acquired a majority stake in Funimation, Crunchyroll’s largest competitor, for $ 143 million in 2017. Together with Aniplex, which is also under Sony, the three sales companies Funimation, WAKANIM, and Madman Anime Group were merged as a joint venture under the name Funimation Global Group, LLC in autumn 2019.

Neither Crunchyroll nor Sony have yet commented on a takeover. So whether the sale actually takes place remains to be seen.

NAVEEN C Khttps://theawesomeone.com
I love watching anime and reading manga, manhwa. my favorite manga is Domestic Kanojo, favorite manhwa is The Breaker, favorite anime is Attack on Titan.

Must Read

Why Attack On Titan Changed Studio?

Attack on Titan producer Kensuke Tateishi revealed that why Attack on Titan changed studio. Attack on Titan changed the studio because they wanted to...

D4DJ First Mix Anime Reveals New Promotional Video

The official website for D4DJ First Mix, the anime adaption of the project D4DJ (Dig Delight Direct Drive DJ) from Bushiroad, released a promotional...

Naruto Fan Recreates Valley Of The End In Minecraft

In "Minecraft" players can let their creativity run free and create some impressive works. Now a gamer has dedicated his latest project to Masashi Kishimoto's...

The Promised Neverland Sketches Show Early Designs Of The Characters

Although the manga series "The Promised Neverland" is now over, fans can look forward to new material soon. This comes in the form of...

Rumor: Will Attack on Titan: Final Season Be Split?

On December 6, 2020, the fourth and final season of "Attack on Titan" will start. If you believe some current information, it could only be...

Check out our latest

Stories