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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 ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 30 January 2025. American video streaming service This article is about the streaming service. For the various related companies of this name and other uses, see Crunchyroll (disambiguation). Crunchyroll Logo used since 2024 [a] Type of business Subsidiary Type of site OTT streaming platform Available in ...
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 ...
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]
Manga Entertainment was a producer, licensee, and distributor of anime in the United States and the United Kingdom. Originally founded in the UK in 1987, the UK branch became Funimation UK and Ireland in 2021, also currently known as Crunchyroll Ltd. since 2022, while its U.S. branch was absorbed into Starz Inc. (now owned by Lionsgate).
In 2022, Funimation changed its name to Crunchyroll LLC, after a streaming service of the same name it had a acquired one year earlier. During an October 2023 seminar [15] at Columbia Business School’s Center on Japanese Economy and Business, Fukunaga was asked by an audience member why he chose to retire from Funimation. Fukunaga replied ...
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