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Sony completed its more than $1.1 billion acquisition of Crunchyroll

2021-08-24 13:59:26

After eight months of negotiations, Sony Pictures Entertainment completed its more than $1.1 billion acquisition of Crunchyroll, one of the world’s largest anime-streaming services, from AT&T via purchase using the Funimation Global Group name.

With plans of a higher tier of PlayStation Plus, it’s likely that users who opt for the “more expensive” version will pay more to receive a Crunchyroll subscription alongside existing benefits. As Sony also owns Funimation, it’s possible that this could also be included in the package.

An improved PS Plus offering could be on its way, however. According to the reliable source that is Eurogamer, Sony may be planning to offer a "more expensive premium PlayStation Plus offering", that could include some kind of access to Crunchyroll — the popular anime streaming and publishing platform that Sony just acquired for roughly $1 billion.

Sony confirmed in April that it was testing a new PlayStation Plus Video Pass service in Poland. The service allows PS4 and PS5 users in Poland to access around 20 movie and television shows from Sony Pictures as part of PS Plus subscriptions, with more content being added every three months.

It’s not uncommon for PS Plus users to receive bonus content as a form of reward for paying for the service. These typically include a handful of free titles, additional discounts on the PlayStation Store, and the occasional extended free trial for streaming services like Spotify or Apple TV+. Both Crunchyroll and Funimation trials have previously been offered to PS Plus subscribers, too.

Kenichiro Yoshida – Chairman, President and CEO of Sony Group Corporation, discussed why Sony acquired Crunchyroll:

“Anime is a rapidly growing medium that enthralls and inspires emotion among audiences around the globe. The alignment of Crunchyroll and Funimation will enable us to get even closer to the creators and fans who are the heart of the anime community.”

Sony also confirmed in March that the PlayStation Store will stop offering TV and movie content for purchase or rental from August 31.

As it stands, PlayStation Plus offers users the ability to play games online, as well as a selection of PS4 games available to download, which changes every month. Currently, the free games for August include Plants vs Zombies: Battle For Neighborville and more.

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