Funimation, Sony Comment on Majority Acquisition Deal

posted on by Karen Ressler

Funimation Entertainment posted an FAQ regarding Sony Pictures Television Networks' acquisition of the majority stake in Funimation. The company noted that its streaming service, simuldubs, and release schedules will continue unchanged. Services to regions outside the United States — U.K., Ireland, Australia, and New Zealand — will also remain unchanged.

Additionally, The Hollywood Reporter recorded Sony Corporation CFO Kenichiro Yoshida's comment from Sony's earnings announcement in Tokyo. "We have IP across Funimation, Aniplex, Animax and the PlayStation platform, the challenge is to connect them all organically," Yoshida said. "CEO [Kaz] Hirai is taking stock of all the IP in the group and the PS4 will be at the center."

Aniplex of America is a subsidiary of the Tokyo-based company Aniplex, Inc., which is owned by Sony Music Entertainment Japan. Funimation noted in its FAQ that its deal with Sony "does not involve Aniplex."

Source: The Hollywood Reporter (Gavin J. Blair , Georg Szalai)

Thanks to Jack Wong, relyat08, and Rachel L. for the news tips.

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