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

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