The technology portal The information reported that the United States Department of Justice has expanded an antitrust review regarding the proposed purchase of Sony from the service Crunchyroll from AT & T.. The aim of the review is to determine whether the agreement puts Sony in the domain of the anime streaming monopoly worldwide and could delay or even prevent the purchase for several months.

Crunchyroll

Justice Department attorneys are reviewing the deal to see if Japanese animation studios have fewer options for broadcasting shows in the US.. The portal adds that the review could take six months or more and that if the department does not approve the merger, it could block legal movement.

Crunchyroll announced in December that Sony’s Funimation Global Group would acquire Crunchyroll. Sony reported the purchase price will be $ 1,175 million, payable in cash upon closing. The deal is pending regulatory approvals and other conditions.

Nikkei Asia reported in October that Sony was in final negotiations to acquire Crunchyroll. At the time the newspaper reported that “Sony could end up spending more than 100 billion yen (about $ 957 million).ยป. The portal itself The information reported in August 2020 that AT & T. Sony had offered Crunchyroll for 1.5 billion dollars, but the Sony ยซhad withstood the priceยป. A few days later the portal diversity reported that Sony had capped only $ 1 billion on the Crunchyroll purchase and that AT&T was already offering the sale to the highest bidder.

Source: ANN

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Sweety Otaku

One of the best parts of watching anime is how many times a show can surprise you. Sometimes for good, sometimes for bad. But if the Otaku know one thing, it's that anything is possible.

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