Sony set to buy Crunchyroll for nearly $1bn

Will soon have the power of anime on its side.

Sony will pay almost $1bn to acquire Crunchyroll, the hugely-popular anime-streaming service available through both Xbox and PlayStation consoles.

The PlayStation maker is in final negotiations to seal the deal with a $957m bid and is the only company in the running, Nikkei Asia reports.

Sony already owns anime service Funanimation, which has a million subscribers, though this is dwarfed by Crunchyroll's three million subscribers and whopping 70m free members.

Investing in animation right now makes sense - it is relatively cheap to produce compared to live-action series (which currently have their own logistical issues with filming during the pandemic). Oh, and everyone's at home watching streaming services.

That value is reflected in the company's near-billion dollar value - although it's still nowhere near the $7.5bn Microsoft is paying for Bethesda.

Sometimes we include links to online retail stores. If you click on one and make a purchase we may receive a small commission. For more information, go here.

Jump to comments (75)

About the author

Tom Phillips

Tom Phillips

News Editor  |  tomphillipsEG

Tom is Eurogamer's news editor. He writes lots of news, some of the puns and all the stealth Destiny articles.

Related

Square Enix commits to permanent work-from-home option

Improved diversity and work-life balance cited as potential benefits.

PlayStation 5 launch plagued by stock scalping, report suggests

Thousands of UK consoles went to just one organised group.

You may also enjoy...

Comments (75)

Hide low-scoring comments
Order
Threading