Sony had a big plan to acquire the Crunchyroll anime streaming...

Sony had a big plan to acquire the Crunchyroll anime streaming...
Sony had a big plan to acquire the Crunchyroll anime streaming...
Sony is preparing to take over the anime streaming service Crunchyroll, at least according to a new report from Japan. The deal would reportedly include a significant amount of money that will bolster Sony’s anime offerings and reach around 70 million users. That deal would follow Sony’s acquisition of anime distributor Funimation in 2017.

The leak is from Nikkei AsiaSony reports that Sony has exclusive rights to negotiate a potential acquisition, the value of which could exceed $ 950 million. Crunchyroll is based in the US and has a large library of anime content, including a relatively new list of original shows.

The anime market is hotter than ever, and interest is growing from streaming services like Netflix, which has released a number of its own original anime shows and films in recent years. Sony’s acquisition of Crunchyroll would make it a major competitor in the streaming market, at least in the anime genre.

Notably, Sony would have the option to stream its own anime shows like Demon Hunter Instead of continuing to license the shows to other streaming platforms, this would likely increase the amount of original anime content released by companies like Netflix.

Crunchyroll is known for its worldwide subscriber base as well as its millions of paying subscribers in addition to its free users. The service has a library of more than 1,000 movies and TV shows and recently added premium features like offline downloads to its platform for those willing to pay.

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