Tag Archives: Tony Vinciquerra

Sony completes Crunchyroll’s acquisition and plans to merge it with Funimation

Japanese company Sony Pictures Entertainment (SPE) and AT&T has officially announced this last Monday, August 9th that SPE has completed its acquisition of  AT&Ts Crunchyroll anime business. The agreement was first announced in December 2020. The purchase price for the transaction was USD 1,175 billion. In addition, Tony Vinciquerra, CEO at SPE, reported that the [...]

AT&T sells Crunchyroll to Sony

After several months of negotiations, AT&T  has finally confirmed an agreement for the sale of Crunchyroll to Funimation, a joint-venture between Sony Pictures Entertainment in the US and the Japanese Aniplex, the latter subsidiary of Sony Music Entertainment. The transaction was valued at USD 1,175 million in cash. In order to reduce its debt load, [...]