by Brandon Lee on (#5BF4Z)
The deal will give us more anime than we can handle, and that's a good thing.What you need to knowSony has announced that it is acquiring Crunchyroll for $1.175B in cash.The deal comes months after AT&T was first reported to be scouting potential buyers for Crunchyroll.Funimation and Crunchyroll have partnered in the past, and not both brands will become one.It's been rumored for some time that Sony was interested in purchasing Crunchyroll, but today it's been confirmed that a deal is indeed happening. AT&T's WarnerMedia, which owns Crunchyroll, has agreed to sell the streaming service to Funimation Global Group, which is owned by Sony Pictures Entertainment and Sony Music Group. How much is Crunchyroll's vast category of anime worth? $1.175 billion in cash, according to a Sony press release: Together with Crunchyroll, we will create the best possible experience for fans and greater opportunity for creators, producers, and publishers in Japan and elsewhere. Funi...