Sony dives deep into the anime world by acquiring Funimation

Sony Pictures Television Networks announced this week that it will acquire a 95 percent majority stake in anime distributor FUNimation Entertainment. The acquisition values the company at $150 million, and will have founder and CEO Gen Fukunaga retaining his position and a minority stake in the company. At 95 percent, Sony’s buy in is $143 million, Variety reports.

“With the acquisition of FUNimation, the combined [intellectual property] of Anime, Kids Station and FUNimation allows us...

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