AT&T is selling Crunchyroll to Sony for $1.18B

AT&T announced yesterday that it’s selling anime streaming service Crunchyroll to Sony’s Funimation for an acquisition price of $1.18 billion. According to the announcement, Crunchyroll has 90 million registered users and 3 million paying subscribers. The service started out in 2006 as a site for fan-uploaded, fan-subtitled (and often pirated) content, but it has increasingly […]