AT&T Inc. (NYSE: T) is selling the Crunchyroll streaming service to Funimation Global Group LLC of the Japanese entertainment and electronics group Sony Corp. The unit is bought by Sony Pictures Entertainment Inc.
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The Funimation Global Group is in turn a joint venture between Sony Pictures Entertainment Inc. and the subsidiary Aniplex Inc. of Sony Music Entertainment (Japan) Inc.
Crunchyroll is an anime direct-to-consumer service in the WarnerMedia segment of US telecommunications and media group AT&T Inc. with more than three million paying subscribers.
The unit has a total of 90 million registered users in more than 200 countries and regions and offers the distribution of mobile games, manga and event merchandise.
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