Sunday, January 23, 2022

AMC Networks’ Sentai acquisition is the latest sign that anime is big business

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AMC Networks (not the movie show chain) has acquired the anime distributor Sentai from the Cool Japan Fund funding fund, the firm introduced Wednesday. As a results of the deal, AMC Networks will now personal the anime-focused streaming service Hidive, which is able to be a part of the firm’s roster of focused streaming providers that already contains AMC Plus, Acorn TV, Shudder, Sundance Now, and ALLBLK. Terms of the deal weren’t disclosed.

The acquisition is the latest sign of the rising significance of anime content material to leisure firms. Perhaps the most notable anime push was Sony’s $1.175 billion buy of anime streaming service Crunchyroll from AT&T, which introduced Crunchyroll and one other anime streaming large, Funimation, beneath one roof. But different firms have additionally been beefing up their anime choices; Netflix has an enormous slate of anime collection, whereas Disney was keen to make an anime anthology collection of considered one of its largest franchises: Star Wars.

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