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Funimation, Sony Close Acquisition Deal

posted on by Karen Ressler

FUNimation Entertainment revealed on Saturday that it has closed the deal for Sony Pictures Television Networks' acquisition of the majority stake in Funimation.

Funimation CEO Gen Fukunaga retains position and a minority stake in the business, and Funimation's FAQ noted that its operations, streaming service, simuldubs, and release schedules will continue unchanged. The agreement values Funimation at US$150 million.

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