Patrick Frater Asia Bureau ChiefIs it crunch time for Sony’s takeover of Crunchyroll? The proposed acquisition of specialized streaming platform Crunchyroll by the Japanese hardware and entertainment giant may now be facing an additional degree of regulatory uncertainty and delay.Tech website The Information reported that the U.S.
Justice Department has extended its anti-trust review into the deal. The move could delay completion of the deal by as much as six months, or even derail it completely.The deal was announced in December last year with a price tag of $1.175 billion.
It sees Funimation, a joint venture between Sony Pictures Entertainment and Aniplex, a wholly-owned subsidiary of Sony Music Entertainment (Japan), buying 100% of.
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