Sony Pictures to Acquire Funimation for $143MN

Sony Pictures to Acquire Funimation for $143MN

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Funimation, one of the US's premier anime distributors/streaming services is being acquired by Sony Pictures (SNE) for $143MN and a 95% stake. 

Variety broke the news yesterday. The deal, which values Funimation at $150MN, includes licensing rights to their catalog of anime titles such as Dragon Ball Z, Cowboy Bebop, Attack on Titan, and hundreds of others. Funimation Founder Gen Fukunaga will retain a minority stake in the company and continue his role as CEO.

From the Funimation press release, it seems that very few things will change in the handover. Sony will be adding their 10,000+ hours of content to a roster that includes Animax (the largest anime TV network) and a slew of other entertainment content that spans across the globe.

You can check out Sony's press release on the deal here

 

 

 

 

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One response to “Sony Pictures to Acquire Funimation for $143MN”

  1. Ayden says:

    Seems like very few things will change in the handover!

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