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Sony is ready to buy Crunchyroll for $957 million



Sony is ready to buy Crunchyroll for $957 million

According to Nikkei, the anime streaming service has at least 70 million users. If the negotiations are successful, Sony will start competing with other services like Netflix.

Of Crunchyroll’s 70 million users, only 3 million use a paid subscription, but this deal will also give Sony access to a variety of popular titles for use under license.

Previously, Sony bought another anime distributor, Funimation, getting about a million paid subscribers, but, as Nikkei notes, in the case of it, the company ran into difficulties with expanding the audience.

Sony has already offered to buy Crunchyroll, but then it was about the amount of 1.5 billion dollars, which it considered too big.

Crunchyroll is available in more than 200 countries, including North America and Europe.

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