Sony Deal to combine Crunchyroll and Funimation into a streaming source will outcast hundreds of billions for the company. The current Sony deal is reportedly concerning enough that the US Department of Justice is extending its antitrust review of the purchase into a full-on probe.
The DOJ is focused on evaluating every piece of evidence of the $1.175 billion purchase to find out about the latest studies. It is putting its penny on finding out whether the deal limits the options of Japanese studios looking to gain exposure shows in the US. “WarnerMedia and Sony have told the Justice Department that Crunchyroll and Sony’s budding anime empire are just two of many options anime creators have to distribute their shows outside Japan,” The Information writes depicting reasons for the troublesome situations.
Alongside Funimation and Crunchyroll being the best two streaming services outside of Japan, it has gained significant coverage worldwide. OTT platforms like Amazon, Netflix, and the newest HBO Max have been beefing up their offerings with anime services. If the Department of Justice doesn’t rescind Sony’s Deal to go through and it collaborates with Funimation and Crunchyroll, the company could easily be the powerhouse of the anime industry. Competitors will find it even more struggling to beat Sony in the anime streaming provider network.
Sony, AT&T, and the DOJ didn’t respond to any of the requests for comments or updates on the current situation of the deal. The deal could hamper the growth of many anime service providers across the world which could overhaul a decline in craze for the anime media.