Sony to buy animation business Crunchyroll for $1.18bn

📆 10/12/2020 11:52 p. m.
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The deal gives Sony access to 3-million paying subscribers in more than 200 countries

Sony's headquarters in Tokyo, Japan. Picture: REUTERS/THOMAS PETER

The deal will give Sony access to Crunchyroll's 3-million paying subscribers across more than 200 countries and regions, helping Sony compete more globally with entertainment giants such as Netflix.

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