T - Sony's planned purchase of Crunchyroll said to get extended antitrust review

Sony's (SNE) planned $1.2b acquisition of anime-streaming service Crunchyroll from AT&T (T) is said to have received an extended antitrust review from the U.S. Dept. of Justice.The extended inquiry, which could delay the deal by several months or potentially be terminated, is looking to find out if the purchase would give Sony dominance in the anime-streaming market, The Information reported, citing people familiar.Sony has purchased a number of anime companies in the past few years, including Funimation, Crunchyroll's main U.S. rival, according to the report.Recall SA contributor BK Tan wrote on Dec. 21, Sony's Acquisition Of Crunchyroll Primes It For Dominance Over Anime.

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Sony's planned purchase of Crunchyroll said to get extended antitrust review