AT&T Wants $1.5 Billion in Crunchyroll Sale to Sony
AT&T
is in discussions to sell WarnerMedia’s Crunchyroll Japanese anime-streaming service to Sony, according to three people familiar with the situation.
If the two sides could reach a deal
—which is far from certain—
it would strengthen Sony’s position in the niche market, as it already owns a rival anime service called Funimation.
But there’s a sticking point in the potential deal:
price.
AT&T
is asking $1.5 billion, an amount that Sony has balked at, the people said.
The price is well above recent values for other niche streaming services, analysts said.
The Information
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