Baku 9° C
Sony buys animation company for $ 1.2 billion
Business
- 10 December, 2020
- 12:40
Japan's leading electrical goods manufacturer Sony purchases anime streaming service Crunchyroll, a subsidiary of US-based AT&T, for $ 1.175 billion, Report says, referring to foreign media.
The deal will allow Sony Pictures Entertainment, the Sony subsidiary, to connect with Crunchyroll's 3 million paid subscribers in more than 200 countries. In this way, the company will be able to compete with global entertainment giants such as Netflix.
Author
Latest News
08:25
Truck plows into Los Angeles rally to support Iran demonstrations
Other countries08:16
Britain to develop new ballistic missile for Ukraine's defense
Other countries08:08
US seriously considering response to events in Iran — Trump
Other countries17:50
Netanyahu: Once regime in Tehran falls, Israel and Iran will become partners again
Other countries17:41
Iran warns it will hit US bases after Trump said considering strikes
Region17:27
US President Trump ponders several options regarding strikes on Iran — NYT
Other countries17:10
EU working on sanctions against US over Greenland plans
Other countries16:50
Washington may lift more sanctions against Venezuela next week — US Treasury chief
Other countries16:33