Sony has always been a major player in the anime industry, and one of its most significant subsidiaries is Funimation. But does it own Funimation?
(Does Sony Own Funimation)
To answer this question, we need to look at the legal history of the two companies.
In the late 1990s and early 2000s, Funimation was acquired by Sony Pictures Entertainment. This acquisition made Sony the majority owner of both Funimation and Saban Entertainment, which had previously been owned by Hasbro.
However, there were some tensions between the two companies that led to a decision to split up. After years of talks and negotiations, the two companies agreed to merge into a new company called Animate America. The merged company would have ownership of both Funimation and Saban Entertainment.
So, it seems that while Sony owns both Funimation and Saban Entertainment, they do not own Funimation itself. Funimation remains an independent company that operates under the ownership of Saban Entertainment.
It’s worth noting that while Sony still holds a significant stake in Funimation, it no longer controls the company directly. Instead, Funimation is run as a separate entity from Saban Entertainment. However, Sony does play a role in funding and providing resources for the production of anime content.
(Does Sony Own Funimation)
In conclusion, while Sony owns Funimation through its subsidiary Saban Entertainment, it does not own the company itself. Funimation remains an independent company that operates under the ownership of Saban Entertainment. It’s important to note that the relationship between Sony and Funimation is not perfect, but it’s fair to say that Sony plays a significant role in shaping the anime industry as a whole.
