SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Funimation acquired Crunchyroll, and the sale transaction is reportedly closed already. This information was announced by Sony Pictures’ chief executive officer, Tony Vinciquerra, on Monday, Aug. 9. The cost of the deal is $1.75 billion, and this has brought together two of the most popular anime sites around.
Crunchyroll was Sony’s Funimation’s rival, and now it has come together to create a big force that will be hard to beat by competitors in the anime market. The site with the world's largest collection of anime content has been sold by AT&T, and it was paid in cash by Funimation Global Group, a joint venture formed by Sony Pictures and Aniplex, a Sony Music Entertainment subsidiary.
Crunchyroll is a premier anime direct-to-consumer service within AT&T’s WarnerMedia segment, and now it has been added to the list of assets owned by Sony. According to Variety, the deal will combine Funimation and Crunchyroll, and this combination is predicted to create a powerhouse in anime. It was mentioned that there are also plans to launch a subscription service for the merged sites.
"We are very excited to welcome Crunchyroll to the Sony Group," Sony Group Corp. president and CEO Kenichiro Yoshida said in a press release. "Anime is a rapidly growing medium that enthralls and inspires emotion among audiences around the globe. The alignment of Crunchyroll and Funimation will enable us to get even closer to the creators and fans who are the heart of the anime community. We look forward to delivering even more outstanding entertainment that fills the world with emotion through anime."
Tony Vinciquerra added that with Crunchyroll joining the company, they will be able to offer unprecedented opportunities to serve fans of anime like never before. They are also looking to deliver a different kind of anime experience on any platform that anime lovers enjoy including games, streaming, home entertainment, theatrical and more.
Meanwhile, it was in December 2020 when it was first announced that Funimation was buying Crunchyroll. At that time, the sale was still pending regulatory approval, and now the deal is officially closed.
