AT&T Inc. (AT&T) and Sony Pictures Entertainment Inc. (Sony Pictures Television) announced on Wednesday an agreement to sell AT&T's Crunchyroll to Sony Pictures Entertainment's Funimation Global Group, LLC (Funimation). The declared US$1.175 billion sale price will be subject to adjustments and regulatory approvals. Variety reported in August that WarnerMedia—an AT&T subsidiary—was looking to sell Crunchyroll for an estimated US$1 billion, which belonged to...
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