In May 2019, Sony Pictures Television sold its majority stake of Crackle to Chicken Soup, but it still retained a minority stake.
Entertainment news website Deadline reported on Tuesday that Sony has traded its minority stake of streaming service Crackle to Chicken Soup for the Soul Entertainment (CSSE) for US$40 million of preferred CSSE stock.
Sony Pictures Television Networks acquired a majority stake in Funimation for US$143 million in 2017.
In addition to Funimation, Sony owns the subsidiary anime production companies A-1 Pictures and CloverWorks through Aniplex.