Baku 4° C
Sony buys animation company for $ 1.2 billion
Business
- 10 December, 2020
- 12:40
Japan's leading electrical goods manufacturer Sony purchases anime streaming service Crunchyroll, a subsidiary of US-based AT&T, for $ 1.175 billion, Report says, referring to foreign media.
The deal will allow Sony Pictures Entertainment, the Sony subsidiary, to connect with Crunchyroll's 3 million paid subscribers in more than 200 countries. In this way, the company will be able to compete with global entertainment giants such as Netflix.
Author
Latest News
17:59
Azerbaijan imports 13,457 tons of peat worth $2.26M
Business17:47
'There are no pressing security threats to Greenland': US Democratic senator
Other countries17:41
Bitcoin price falls below $95,300
ICT17:21
Zelenskyy: Ukraine needs to boost electricity imports amid Russian strikes
Other countries17:09
Trump invites Erdogan to join Gaza peace board as founding member
Region16:54
Seven detained at unauthorized protest near Iranian embassy in Yerevan
Region16:41
More than 100 dead in torrential rains and floods across southern Africa
Other countries16:23
Azerbaijan imports 84 tons of cloves worth $667,000
Business16:06