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Sony may buy out anime streamer Crunchyroll for nearly $1bn

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Content Team
Image Credit: NewsBytes

It seems like Crunchyroll, the premium anime streaming website based out of the United States, may get a confirmed buyer soon. Entertainment conglomerate Sony, which has a net worth of $45bn, is currently in "final negotiations" to buy out the company that was established in 2006. The reported amount for purchasing the content bank is $957mn, which crosses 100 billion yen.