Sony’s Funimation Acquires Crunchyroll for Over $1 Billion – Nerdist

The deal between Funimation and Crunchyroll means widening distribution for anime to a broader group. Crunchyroll’s direct-to-consumer service comes with five million streaming subscribers. According to a press release, Crunchyroll has 120 million registered users in more than 200 countries and territories. Besides streaming on demand, Crunchyroll offers mobile games, manga, merchandise, and that magical distribution. Sony’s Funimation hopes to leverage that existing audience and build profits. – Amy Ratcliffe, Nerdist »