Sony Set To Purchase Crunchyroll for Over $957 Million

In a new written report from the fine folks at Nikkei Asia, we've learned that Sony is in the final negotiations to acquire Crunchyroll, the U.S. anime streaming behemothic. The deal is said to come in at around 100 billion yen, which is $957 million. That's a large chunk of modify, but information technology means bringing Crunchyroll's massive worldwide audience nether the Sony umbrella.

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If Sony and Crunchyroll are available to finalize this bargain, that will exist a huge move in the streaming space. The PS5 maker will then have both Crunchyroll and Funimation nether its umbrella. All of that anime might non immediately put them into a fight with Netflix and Hulu, simply it certainly gets them closer.

After all, Crunchyroll'south acquisition would requite Sony access to both a gigantic user base and over 1,000 new titles. Plus, it opens the door even farther for them to start developing their ain properties into movies and the like. Information technology may not be as immediately heady for the gaming crowd every bit say Microsoft acquiring Bethesda. Yet, this could have wide-ranging ramifications for the Japanese giant.

If Sony was able to grow its subscriber base of operations through Crunchyroll, that would lead to a larger revenue stream from streaming. A Sony that's competing with Netflix and Hulu for your streaming eyeballs is a more powerful Sony. If they tin can leverage that into things like games for new, pop IP or other areas, it would be a win-win for the company.

Of course, but time will tell if the deal is successful. That said, every bit soon as we know more than, we'll share it with you.

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Source: https://www.dualshockers.com/sony-set-to-purchase-crunchyroll/

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