Sony in talks with AT&T to buy Crunchyroll for more than $950M

Sony recently obtained the exclusive right to negotiate for Crunchyroll

Sony Corp is in final talks with AT&T to acquire U.S. animation-streaming service Crunchyroll in a deal worth more than 100 billion yen ($957 million), the Nikkei business daily reported on Friday.

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Sony recently obtained the exclusive right to negotiate for Crunchyroll, as the Japanese entertainment and electronics conglomerate hopes to compete with Netflix and other global rivals, the Nikkei said.

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