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AT&T Seeks to Sell Crunchyroll to Sony for $1.5 Billion (Report)

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thewrap.com

Crunchryoll to Sony and is asking as much as $1.5 billion for the platform, The Information reported on Wednesday.According three unnamed individuals, Sony is negotiating to buy Crunchyroll as a complement to its competing Funimation anime distribution platform.The potential $1.5 billion price tag is “well above recent values for other niche streaming services,” The Information reported, noting that Sony has “balked” at paying that much for a service catering exclusively to anime fans.A Crunchyroll spokesperson declined to comment on “speculation” about a potential sale; a Sony rep also declined to comment.Also Read: WGA Packaging Fee Lawsuit Delayed to August 2021 by PandemicCrunchyroll, which launched in 2006, was acquired by Otter Media.

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