Crunchyroll Deal Under Extra Scrutiny

Originally published on Dark Horizons by Garth Franklin

The U.S. Justice Department has extended an anti-trust review into Sony’s proposed acquisition of anime streaming platform Crunchyroll reports The Information (via The Verge)

The move could delay the completion of the near $1.2 billion deal by as much as six months. In a worst-case scenario, it reportedly could derail it. Under the deal, Sony-owned Funimation aims to buy 100% of Crunchyroll operator Ellation Holdings owned by WarnerMedia.

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