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Sony acquiring majority stake in anime distributor Funimation

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Sony is strengthening its position in the anime market by acquiring a majority stake in Funimation, one of the biggest U.S. distributors of Japanese animated movies and TV series.

Funimation, which is based in Texas, releases anime through streaming, DVD and in cinemas. It is behind popular titles such as the “Dragon Ball” franchise and this year’s “Your Name.”

The deal with...

Sony acquiring majority stake in anime distributor Funimation

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