Sony‘s Funimation group has announced that it has completed its acquisition of anime giant Crunchyroll from AT&T.
Sony revealed that the acquisition, which was first announced last December, cost $1.175 billion (subject to adjustments) and it paid cash to close the deal. AT&T will now use the money to reduce its debts.
In a press release, Sony’s Kenichiro Yoshida said:
We are very…
