New York, NY (January 5, 2022) – AMC Networks Inc. (NASDAQ: AMCX) announced today it has completed the acquisition of Houston-based Sentai Holdings, LLC (“Sentai”), a leading global supplier of anime content and official anime merchandise, with brands including the anime-focused HIDIVE direct-to-consumer subscription streaming service.
AMC Networks, the global leader in targeted streaming, has forecast its targeted streaming portfolio will have exceeded nine million paid subscribers by year-end 2021, with 20-25 million paid subscribers by 2025.
“With a seasoned team, strong content and direct-to-consumer offerings for fans around the world, Sentai is a key global player in anime,” said AMC Networks Interim CEO Matt Blank.
Hughes Hubbard & Reed acted as legal counsel to AMC Networks.