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Sony’s Funimation Group to purchase AT&T’s Crunchyroll at $1.175B

December 12, 2020

Sony Pictures Entertainment Inc. and AT&T Inc. has announced that AT&T agreed to sell its Crunchyroll anime streaming business to Funimation Global Group, LLC. at a purchase price for the transaction is USD $1.175 billion. The purchase is subject to customary working capital and other adjustments, and the proceeds will be paid in cash at […]

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