Sony Pictures Television Networks’ ANIMAX network is a multi-platform provider of Japanese anime content currently operating in 23 countries, including Japan.
Culver City, Calif., July 31, 2017 – Sony Pictures Television Networks has reached an agreement to acquire a substantial majority stake in Japanese anime distributor Funimation Productions, Ltd., (“Funimation”), subject to regulatory approvals and certain other closing conditions, valuing the company at approximately $150 million.
Sony Pictures Television Networks is a division of Sony Pictures Television Inc., a Sony Pictures Entertainment company.
With the acquisition of Funimation, the combined IP of ANIMAX, KIDS STATION and Funimation allows us to deliver the best anime to fans across all screens and platforms,” said Andy Kaplan, President, Worldwide Networks, Sony Pictures Television.