Funimation sells out to Sony
33246 cr points
Send Message: Send PM GB Post
39 / Inside your compu...
Offline
Posted 8/3/17
https://www.engadget.com/2017/08/03/sony-funimation-best-friends/


Japanese animation has exploded in popularity over the past few years, thanks to increased availability on streaming services like Crunchyroll, Hulu and Amazon. It was popular enough for Funimation, which specializes in translating anime for American audiences, to launch its own service in 2016. It's no surprise that larger media companies came looking for a piece of the pie, with Sony grabbing a 95 percent majority stake in Funimation this week.



With the bigger streamers flexing their muscles and snatching up shows at outrageous prices, niche anime providers like Crunchyroll and Daisuki have struggled to stay afloat. Crunchyroll's parent company recently expanded into other genres with its new service VRV while Daisuki will shut down completely in October. Right now Crunchyroll relies on partnerships like the one it struck for Funimation's catalog, but the deal with Sony could disrupt their mutually beneficial dynamic.


Now the question is whether Sony would disturb the anime streaming force around here after getting 95% of Funimation.

One Punch Mod
104441 cr points
Send Message: Send PM GB Post
F / Boston-ish
Offline
Posted 8/3/17 , edited 8/3/17

nanikore2 wrote:

https://www.engadget.com/2017/08/03/sony-funimation-best-friends/


Japanese animation has exploded in popularity over the past few years, thanks to increased availability on streaming services like Crunchyroll, Hulu and Amazon. It was popular enough for Funimation, which specializes in translating anime for American audiences, to launch its own service in 2016. It's no surprise that larger media companies came looking for a piece of the pie, with Sony grabbing a 95 percent majority stake in Funimation this week.



With the bigger streamers flexing their muscles and snatching up shows at outrageous prices, niche anime providers like Crunchyroll and Daisuki have struggled to stay afloat. Crunchyroll's parent company recently expanded into other genres with its new service VRV while Daisuki will shut down completely in October. Right now Crunchyroll relies on partnerships like the one it struck for Funimation's catalog, but the deal with Sony could disrupt their mutually beneficial dynamic.


Now the question is whether Sony would disturb the anime streaming force around here after getting 95% of Funimation.



I've closed this because there's already a thread about it here: /forumtopic-997195/sony-pictures-tv-aquires-funimation

Please share your thoughts and any additional news there.
You must be logged in to post.