FUNimation Entertainment and Sony Close Acquisition Deal

FUNimation Entertainment has announced 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.

Source: ANN

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.