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Sony to buy Crunchyroll from AT&T for $1.2B

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Sony Corp. reached a deal to purchase anime streaming website Crunchyroll from AT&T for $1.2 billion.

Crunchyroll has 3 million paying subscribers in more than 200 countries and regions.

Sony’s Funimation Global Group, a U.S. animation distributor with 1 million paying subscribers, will operate Crunchyroll after the purchase closes.

Read more from Reuters.

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