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On May 11, 2005, Funimation was acquired by Navarre Corporation for US$100.4 million in cash and 1.8 million shares of Navarre stock. As part of the acquisition, Gen Fukunaga was retained as head of the company, transitioning to the position of CEO, and the company's name was changed from Funimation Productions to Funimation Entertainment.
In March 2022, Funimation Global Group, the service's parent company, was rebranded as Crunchyroll, LLC and a large majority of its catalog was moved to Crunchyroll; [5] [6] despite this, the Funimation streaming service remained active and continued to distribute titles that were originally licensed by the Funimation company before the merger ...
On August 9, 2021, Crunchyroll was acquired by Sony-owned Funimation, making Sony the new owner of VRV. [20] [21] On September 8, 2021, Hidive announced that it would be leaving VRV on September 30, 2021. [22] On December 13, 2021, Rooster Teeth left VRV. [23] Cartoon Hangover was also removed at the same time. [24]
The telco, looking for every opportunity to pay down its debt, sold Crunchyroll for $1.175 billion in cash paid at closing by Funimation Global Group, a joint venture between Sony Pictures ...
Crunchyroll subscribers starting today will gain access to streaming fare previously exclusive to Funimation as Sony starts to phase out the Funimation brand. The company paid nearly $1.2 billion ...
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Blue Exorcist and Blue Exorcist: Kyoto Saga joined the Funimation catalog in the UK and Ireland the same day, to celebrate the merger. [ 18 ] On 28 March 2022, the company changed its legal name to Crunchyroll Manga Ltd. [ 19 ] and again on 21 July 2022 to Crunchyroll Ltd. [ 20 ]
AT&T inked a deal to sell its Crunchyroll anime business to Sony’s Funimation group for $1.175 billion in cash, the companies announced. Funimation, a joint venture between Sony Pictures ...