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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.
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 ...
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 ...
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 ...
On October 18, 2018, VRV announced that Hidive would be launching its channel on its service, which replaced FUNimation Now, which left the service on November 9, 2018. [10] Sony announced its acquisition of VRV's parent company Crunchyroll from AT&T on August 9, 2021, via its FUNimation subsidiary. After the acquisition took effect, Hidive ...
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 ...
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]
Sony is effectively merging its two anime streaming services, announcing that Crunchyroll subscribers will have access to library and simulcast content previously available exclusively on ...