Funimation to buy Crunchyroll for $1.175 billion
Anime streaming service Funimation has reached an agreement to buy competitor anime streaming service Crunchyroll for $1.175 billion in cash. Sony Pictures and Sony Music own Funimation. AT&T currently owns Crunchyroll. Sony and AT&T have been in talks for some time now to make this purchase a reality. AT&T has a lot of long-term debt ($153.39 …
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