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Sony’s $ 1.1 billion buyout of Crunchyroll to meet further scrutiny



Demon Slayer Anime 1

Sony’s goal of dominating the anime sector may be delayed or derailed, as reports suggest that the US Department of Justice has extended its antitrust analysis to the Japanese conglomerate’s acquisition of Crunchyroll. The organization announced plans to buy the $ 1.1 billion power service last year, but there are concerns that the company – which already owns Funimation and Aniplex – could monopolize the market.

As reported by The Information – and picked up by Variety – the procurement could be delayed by as much as six months, as the US Department of Justice is considering whether the agreement will give Japanese studios less funds to distribute media in America. It is worth noting that significantly larger streaming platforms such as Netflix and Amazon Prime continue to invest in anime, so there is legitimate competition ̵

1; in fact, the former is on its way to becoming the market leader.

At the time of writing, Sony has not yet commented on the status of the acquisition. It has always been communicated that the purchase will be subject to approval by the authorities, and has never set a timeline for the completion of the agreement. If these reports are accurate, it seems that the company will wait a little longer before taking the reins – provided, of course, that it is at all able to continue as planned.




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