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

It’s official. Sony now owns both Crunchyroll and Funimation. The firm’s Sony Pictures division accomplished the $1.175 billion acquisition on Monday. And with the deal now closed, Sony Pictures CEO Tony Vinciquerra stated the corporate’s aim is to “create a unified anime subscription experience as soon as possible.”

Sony did not say how quickly we might see that occur and what kind that “experience” will take. For the time being, Funimation and Crunchyroll will proceed to exist as separate streaming platforms, with few particulars on what the deal means for subscribers.

“With the addition of Crunchyroll, we have an unprecedented opportunity to serve anime fans like never before and deliver the anime experience across any platform they choose, from theatrical, events, home entertainment, games, streaming, linear TV — everywhere and every way fans want to experience their anime,” Vinciquerra stated.

Sony first introduced it was buying Crunchyroll from AT&T at the end of 2020. At the time, the service stated it had 3 million subscribers and over 90 million registered customers throughout greater than 200 nations. Less than a 12 months later, Crunchyroll notes these numbers have elevated to 5 million and 120 million, respectively.

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