Elon Musk Reportedly Eyes June 2026 SpaceX IPO Timed With Planetary Alignment and Birthday 
Oil Prices Hit Four-Month High as Geopolitical Risks and Supply Disruptions Intensify 
Canada’s Trade Deficit Jumps in November as Exports Slide and Firms Diversify Away From U.S. 
Asian Currencies Trade Flat as Dollar Retreats After Fed Decision 
Pentagon and Anthropic Clash Over AI Safeguards in National Security Use 
NVIDIA, Microsoft, and Amazon Eye Massive OpenAI Investment Amid $100B Funding Push 
Apple Earnings Beat Expectations as iPhone Sales Surge to Four-Year High 
Volkswagen CEO Oliver Blume Faces Crucial Year as Investors Demand Turnaround Results 
American Airlines Plans Return to Venezuela Flights After U.S. Lifts Ban 
Apple Faces Margin Pressure as Memory Chip Prices Surge Amid AI Boom 
UK Housing Market Gains Momentum in Early 2026 as Mortgage Rates Fall 
U.S. Stock Futures Edge Lower as Tech Earnings and Fed Decision Shape Market Sentiment 
Thailand Moves to Regulate Gold Trading to Curb Baht Strength and Support Economic Growth 
Apple Forecasts Strong Revenue Growth as iPhone Demand Surges in China and India 
Copper Prices Hit Record Highs as Metals Rally Gains Momentum on Geopolitical Tensions 
Indonesia Stocks Face Fragile Sentiment After MSCI Warning and Market Rout 
Funimation acquired Crunchyroll, and the sale transaction is reportedly closed already. This information was announced by Sony Pictures’ chief executive officer, Tony Vinciquerra, on Monday, Aug. 9. The cost of the deal is $1.75 billion, and this has brought together two of the most popular anime sites around.
Crunchyroll was Sony’s Funimation’s rival, and now it has come together to create a big force that will be hard to beat by competitors in the anime market. The site with the world's largest collection of anime content has been sold by AT&T, and it was paid in cash by Funimation Global Group, a joint venture formed by Sony Pictures and Aniplex, a Sony Music Entertainment subsidiary.
Crunchyroll is a premier anime direct-to-consumer service within AT&T’s WarnerMedia segment, and now it has been added to the list of assets owned by Sony. According to Variety, the deal will combine Funimation and Crunchyroll, and this combination is predicted to create a powerhouse in anime. It was mentioned that there are also plans to launch a subscription service for the merged sites.
"We are very excited to welcome Crunchyroll to the Sony Group," Sony Group Corp. president and CEO Kenichiro Yoshida said in a press release. "Anime is a rapidly growing medium that enthralls and inspires emotion among audiences around the globe. The alignment of Crunchyroll and Funimation will enable us to get even closer to the creators and fans who are the heart of the anime community. We look forward to delivering even more outstanding entertainment that fills the world with emotion through anime."
Tony Vinciquerra added that with Crunchyroll joining the company, they will be able to offer unprecedented opportunities to serve fans of anime like never before. They are also looking to deliver a different kind of anime experience on any platform that anime lovers enjoy including games, streaming, home entertainment, theatrical and more.
Meanwhile, it was in December 2020 when it was first announced that Funimation was buying Crunchyroll. At that time, the sale was still pending regulatory approval, and now the deal is officially closed.
