Sony acquires Funimation - From insulting Neckbeards to pandering to Neckbeards.

Gordon Cole

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Los Angeles Times said:
Sony is strengthening its position in the anime market by acquiring a majority stake in Funimation, one of the biggest U.S. distributors of Japanese animated movies and TV series.

Funimation, which is based in Texas, releases anime through streaming, DVD and in cinemas. It is behind popular titles such as the “Dragon Ball” franchise and this year’s “Your Name.”

The deal with Sony Pictures Television Networks hasn’t closed yet and is subject to regulatory approvals, but Sony said Monday that the acquisition would value Funimation at about $150 million. Sony said it was taking a “substantial majority stake.”

The agreement will enhance Sony’s existing anime offerings, which include Animax, an anime network based in Japan that operates in 23 countries.

time of significant change in the anime industryas distributors are learning how to co-exist with Netflix and Amazon, which have moved aggressively into the market.

At the same time, Netflix and Amazon continue to partner with distributors such as Funimation by licensing some of their content.

Funimation runs its own streaming service, FunimationNow, which specializes in English-dubbed versions of popular anime titles. Last year, the company announced a partnership with rival CrunchyRoll in which certain titles would be available on both companies’ streaming platforms.

The deal “allows us to deliver the best anime to fans across all screens and platforms,” Andy Kaplan, president of worldwide networks at Sony Pictures Television, said in a statement.

Sony Pictures Television Networks operates channels that reach subscribers around the world. In addition to Animax, its properties and brands include Crackle and AXN.

And that's the sound of a million neckbeards reeeeeeing in fury.
http://www.latimes.com/business/hollywood/la-fi-ct-sony-funimation-20170731-story.html (http://archive.md/WgycY)
 

Kari Kamiya

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Thought I saw mentioned somewhere that Sony was kind of working with FUNimation anyway in some form or another. At least it's not the film department, which is where most of the lulz is coming from, but I guess it was bound to happen sooner or later for FUNimation to start fusing with another company.

Only question is, are the prices for the Blu-Rays/DVDs going to go up or stay the same?
 

Jewelsmakerguy

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Thought I saw mentioned somewhere that Sony was kind of working with FUNimation anyway in some form or another. At least it's not the film department, which is where most of the lulz is coming from, but I guess it was bound to happen sooner or later for FUNimation to start fusing with another company.

Only question is, are the prices for the Blu-Rays/DVDs going to go up or stay the same?
Depends on whether or not they'll structure all of Funi's later releases after Aniplex's method.
 

Hodor

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Depends on whether or not they'll structure all of Funi's later releases after Aniplex's method.
They'd be exceptionally retarded to do that. One of the main reason Funimation has such a strong hold on the US anime industry is that their disc releases are pretty cheap for anime. It looks good to studios, who probably make a decent penny off the royalties and licensing (on top of whatever they get from streaming), and lets Funi nab large chunks of seasonal anime like they already do.

So what I'm saying is that yeah, considering this is sony, they probably will.

Don't neckbeards already hate Funimation?
Yeah, pretty much.