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Forums - General Discussion - Sony’s Funimation acquires anime streaming service Crunchyroll for $1.175 billion

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Do you subscribe to a anime sub service?

Yes - Crunchyroll 6 17.65%
 
Yes - Funimation 2 5.88%
 
Yes - Other 2 5.88%
 
No 24 70.59%
 
Total:34

On Wednesday, Sony Pictures Entertainment Inc. announced that AT&T and WarnerMedia agreed to sell Crunchyroll to Funimation. Though there had been rumblings of the acquisition for a few weeks, it wasn’t clear just how the deal would go down or if it would at all. The purchase price for the transaction was estimated by Sony to be $1.175 billion.

At first glance, Sony’s acquisition of Crunchyroll from AT&T might put them in a better position to compete with Netflix, but the move actually grows their influence over Japan’s anime industry. By adding Crunchyroll’s 70 million free members and 3 million paid subscribers to their portfolio of anime streaming and production companies, the company intends to reap the rewards of anime’s growth overseas, which in both 2017 and 2018 grew to nearly half of the industry’s over ¥2.1 trillion (about $19 billion) total revenue.

Although Sony’s move into anime streaming might seem sudden, the company has been involved in anime production for decades. In 1995, Sony Music Entertainment Japan (SMEJ) established Aniplex, a subsidiary created for managing anime and music productions. In 2005, Aniplex started its own animation studio, A-1 Pictures, which would go on to animate shows like Kaguya-sama: Love is War and Sword Art Online.

Source: https://www.polygon.com/2020/12/9/21547657/sonys-funimation-acquires-crunchyroll-deal-price-watching-anime



    

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Sony is building quite the anime monopoly, between Aniplex, Funimation, and now Crunchyroll. Doesn't leave much anime production outside of the Sony banner. 



shikamaru317 said:

Sony is building quite the anime monopoly.

Yep but I want to know if they will continue licensing anime to other streaming apps kinda like how HBO Max has a small catalog of anime under a "Crunchyroll" section.



    

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BasilZero said:
shikamaru317 said:

Sony is building quite the anime monopoly.

Yep but I want to know if they will continue licensing anime to other streaming apps kinda like how HBO Max has a small catalog of anime under a "Crunchyroll" section.

I hope so. I don't want to see Hulu, Amazon Prime, and HBO Max lose a bunch of their current anime libraries. But it is possible that Sony pulls all of their anime IP's behind a single paid service so that people are forced to sub to it. I would hate that, I am already subbed to 3 streaming services, can't afford to sub to any more.



shikamaru317 said:

I hope so. I don't want to see Hulu, Amazon Prime, and HBO Max lose a bunch of their current anime libraries. But it is possible that Sony pulls everything behind a single paid service so that people are forced to sub to it. I would hate that, I am already subbed to 3 streaming services, can't afford to sub to any more. 

Agreed (I'm subbed to Disney Plus and HBO Max - and Disney's Hotstar but thats for my family :p).

With how life is busy and all, I dont see it worth paying for another sub at this time.



    

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Hopefully this adds the funimation anime to my crunchyroll subscription. Not as easy to check out all the anime each season like it was in the days of HorribleSubs.



...

Free for all PS Plus member please :P



And here I thought my local sushi restaurant was crazy expensive...



http://www.youtube.com/watch?v=F1gWECYYOSo

Please Watch/Share this video so it gets shown in Hollywood.

Soooo are they also going to censor animes now too?

⚠️ WARNED ~ Trolling

Last edited by CGI-Quality - on 10 December 2020

Pocky Lover Boy! 

Jranation said:

Soooo are they also going to censor animes now too?

Anime has been censored for ages.

The ridiculously expensive blu-ray versions aren't censored though...