Sony is paying almost one billion dollars to get some anime

When it comes to smartphones Sony is not the first name that comes to mind as they are not great at selling the smartphones. But they are very good at acquiring anime streaming companies. They bought Funimation three years ago and now it looks like another deal might be closing soon that will bring Crunchyroll into Sony stable at almost one billion dollars.

Sony is ready to put up an amount valued at more than $950 for Crunchyroll which may seen like loads of money. Anime is terrible but at the same time they are great as well. Crunchyroll is the biggest name in anime streaming outside Japan with more than 70 million members all around the globe. Sony has already produced some awesome titles like The Promised Neverland and March Comes in Like A Lion through its Aniplex studio.

Now the competition between the streaming companies is boiling up and not all of them can take the pressure. Streaming services require to attract the young ones and they are totally obsessed with anime. With the acquisition of Crunchyroll, Sony will gain access to more than 1,000 new titles that it could use to let you gain increased space in market that is expected to reach more than 35 billion dollars by 2025.