Forum - View topic
NEWS: Sony's Funimation Global Group to Acquire Crunchyroll for US$1.175 Billion in Cash


Goto page 1, 2, 3, 4, 5  Next

Note: this is the discussion thread for this article

Anime News Network Forum Index -> Site-related -> Talkback
View previous topic :: View next topic  
Author Message
Vannil



Joined: 14 Jun 2016
Posts: 240
PostPosted: Wed Dec 09, 2020 7:24 pm Reply with quote
I wonder if this is going to be reviewed by the FTC since this is going to kill competition for streaming services
Back to top
View user's profile Send private message
FlowerAiko



Joined: 05 Apr 2017
Posts: 216
PostPosted: Wed Dec 09, 2020 7:28 pm Reply with quote
Extremely pessimistic about this, but I guess all we can do is wait and see. I wonder if the sites are going to merge, and if so, under CR or Funi, since both are big names in the anime world. Crunchy's site is better, imo.

Vannil wrote:
I wonder if this is going to be reviewed by the FTC since this is going to kill competition for streaming services


You could argue Hulu, Netflix, HiDive, etc. prevent this from being a monopoly. Also that these are genre-specific and thus Sony is controlling streaming on the whole. Personally, I disagree, but I digress.


Last edited by FlowerAiko on Wed Dec 09, 2020 7:29 pm; edited 1 time in total
Back to top
View user's profile Send private message
lossthief
ANN Reviewer


Joined: 14 Dec 2012
Posts: 1021
PostPosted: Wed Dec 09, 2020 7:29 pm Reply with quote
Vannil wrote:
I wonder if this is going to be reviewed by the FTC since this is going to kill competition for streaming services


Almost certainly not. This may be a consolidation of a specific niche of streaming services, but it's far from what just about any government entity would consider a "monopoly" when there's dozens of other megacorporation-owned streaming services already and more being developed for launch in the coming year. It'd be very, very difficult to convince anyone at the FTC that anime is a distinct and bespoke enough medium from the rest of film/television that one company owning most of the simulcast market counts as a monopoly.
Back to top
View user's profile Send private message
Nick4x



Joined: 11 Apr 2007
Posts: 32
PostPosted: Wed Dec 09, 2020 7:32 pm Reply with quote
I'm split on this. One the one hand, monopolies are bad, and it's not hard to foresee a slow (or even sudden) drop in quality for anime subs and dubs. I hope that doesn't happen, but it shouldn't be assumed that it's out of the question.

On the other hand, it wasn't long ago that many of us (myself included) were griping about having to have a subscription to Crunchyroll, Funimation, Hulu, Amazon Plus, Netflix, etc. in order to watch the full season of anime as it aired, leading many to turn to pirating the shows they were most interested in because it wasn't financially feasible to pay for all those options at once. People were saying "Why can't we have just one place to watch anime?"

Personally, I'm leaning more towards "cautiously optimistic". I'm doubtful we'll see any huge drop in quality going forward (I hope, at least), and now I don't have to worry about telling my friend to watch a series, only to find out that he doesn't have a subscription to the streaming service that licensed it... which turns out to be the case too often.
Back to top
View user's profile Send private message
Beatdigga



Joined: 26 Oct 2003
Posts: 3704
Location: New York
PostPosted: Wed Dec 09, 2020 7:35 pm Reply with quote
I am admittedly worried because of the usual reasons, censorship, lack of competition for shows driving down prices and demand which hurts output, etc.

This is also probably the end of the Crunchyroll Originals line. Webtoons and Avatar clones don’t fit FUNi’s market strategy.
Back to top
View user's profile Send private message
scowler



Joined: 30 May 2009
Posts: 87
PostPosted: Wed Dec 09, 2020 7:36 pm Reply with quote
That price amounts to $392 per subscriber, which I believe is a decent number.

HIDIVE could be the biggest winner here, with two big competitors merged to one. With less bidding competition, then can win more streaming rights to more shows.
Back to top
View user's profile Send private message
PurpleWarrior13



Joined: 05 Sep 2009
Posts: 1926
PostPosted: Wed Dec 09, 2020 7:47 pm Reply with quote
Well, the Department of Justice probably doesn’t care about anime anyway, so... Neutral

Besides, Netflix and (to a lesser extent) HiDive offer a tiny bit of competition. Bizarre how much control Sony has gotten over the anime industry over the last couple years.
Back to top
View user's profile Send private message
Redbeard 101
Oscar the Grouch
Forums Superstar


Joined: 14 Aug 2006
Posts: 16754
PostPosted: Wed Dec 09, 2020 7:47 pm Reply with quote
Speaking of streaming it will be interesting to see what happens with VRV being CR crunchy controlled. They have CR and Sentai on there, and the other channels. Funi had been on there until their first divorce. Now that they're basically a couple getting re-married (which that always ends up well Rolling Eyes ) where does that leave Sentai? Hi-Dive is now a competitor again so I would expect VRV to drop them. Which is a shame as Hi-Dive's own internal streaming service was far spottier I found. The layout was nicer as the layout on VRV has always been it's weak point in my mind. I'd rather take a bad layout and better streaming quality though. I suspect Funi might pop back onto VRV and Hi-Dive goes back to being it's own service. Glad I signed up for it with that special introductory deal last year for 2 years.
Back to top
View user's profile Send private message My Anime My Manga
Ryujin99



Joined: 21 Jul 2010
Posts: 160
PostPosted: Wed Dec 09, 2020 7:48 pm Reply with quote
Beatdigga wrote:
I am admittedly worried because of the usual reasons, censorship, lack of competition for shows driving down prices and demand which hurts output, etc.

This is also probably the end of the Crunchyroll Originals line. Webtoons and Avatar clones don’t fit FUNi’s market strategy.


I totally share the concerns about the reduction in competition. But if there's one benefit I hope to see from the merger, it's that more series CR licenses for streaming get physical media releases within a reasonable timeframe.

I could see it going either way on the Crunchyroll Originals. It may not fit Funi's market strategy, but that doesn't mean that it clashes with Sony's strategy, which is what actually matters in this case. If the CR Originals are sufficiently successful, then Sony may want to keep the line going. I think it's worth remembering that Sony paid 5-10x the amount they paid for Funi to acquire Crunchyroll, so I wouldn't be surprised if the end result is more like CR swallowing Funi instead of the other way around.
Back to top
View user's profile Send private message My Anime My Manga
Telu



Joined: 08 Sep 2019
Posts: 82
PostPosted: Wed Dec 09, 2020 7:52 pm Reply with quote
Well, rip LATAM.
Back to top
View user's profile Send private message
Lynx Raven Raide



Joined: 01 Nov 2017
Posts: 412
Location: Central Coast, AU
PostPosted: Wed Dec 09, 2020 7:56 pm Reply with quote
Best case scenario I see here (at least in my eyes) FGG drop Funimation Now, keep the Wakanim service in Europe and AnimeLab in ANZ and switch to CR to cover the rest of the territories they can cover. I do wonder how the property shuffle will work, though, but I cant see them having competing platforms in markets, and personally don't want to see AnimeLab die

As for the FCC, yeah, its not going to happen. Facebook these days is pretty ubiquitous these days, especially them owning IG and WhatsApp, while Netflix, Amazon Prime, Sentai and Viz Media are still in the market to compete against Sony/FGG, plus yeah, niche streaming vs broad streaming, so they wont touch it
Back to top
View user's profile Send private message
LegitPancake



Joined: 26 Jun 2017
Posts: 1115
Location: Texas, USA
PostPosted: Wed Dec 09, 2020 8:04 pm Reply with quote
I hope CR can stream the Funi shows that Funi has rights to worldwide minus Asia.

Also guessing the "Crunchyroll Collections" section on AT&T-owned HBO Max will get deleted sometime in the future, or they just start a new anime section since they do have some Aniplex and Viz stuff on there that CR doesn't have (Hunter x Hunter dub, Promised Neverland dub, etc).

Finally, I hope some of CR's back-catalog like Place Further than the Universe, Laid-Back Camp, Gabriel Dropout, and Planet With can get dubbed and home video releases with this new development, since CR themselves don't seem interested in dubbing anything but the new seasonals.
Back to top
View user's profile Send private message
micah007



Joined: 25 Jan 2017
Posts: 198
PostPosted: Wed Dec 09, 2020 8:05 pm Reply with quote
Good(?) news. I appreciate any content consolidation that can take place between streaming services given the rapid proliferation of streaming services as of late. I have questions about potential changes to VRV and FunimationNow. Also, I wonder what will happen to the Crunchyroll Originals? Will any current agreements, or upcoming agreements, be honored? I hope that the Crunchyroll Originals can continue.

Last edited by micah007 on Wed Dec 09, 2020 8:11 pm; edited 2 times in total
Back to top
View user's profile Send private message
MCAL



Joined: 11 Feb 2013
Posts: 154
PostPosted: Wed Dec 09, 2020 8:06 pm Reply with quote
Hopefully this will mean Crunchyroll translators will actually get paid well.
Back to top
View user's profile Send private message
killjoy_the



Joined: 30 May 2015
Posts: 2313
PostPosted: Wed Dec 09, 2020 8:13 pm Reply with quote
Telu wrote:
Well, rip LATAM.


Funi was already announcing several plans to expand into LATAM before. If anything, since CR already has a big LATAM audience, all I can assume they'll do is change the name branding to keep it all CR in here.
Back to top
View user's profile Send private message Visit poster's website
Display posts from previous:   
Reply to topic    Anime News Network Forum Index -> Site-related -> Talkback All times are GMT - 5 Hours
Goto page 1, 2, 3, 4, 5  Next
Page 1 of 5

 


Powered by phpBB © 2001, 2005 phpBB Group