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Business deals

Sony nears acquisition of US anime streaming service Crunchyroll

Entertainment giant could pay more than $950m as talks wind up with parent AT&T

Sony is close to making an acquisition that will make it a player in the global streaming industry. (Source photos by Nikkei and Crunchyroll website)

TOKYO -- Sony has entered into final negotiations to acquire U.S. anime-streaming service Crunchyroll, Nikkei learned on Friday, a deal that could catapult the Japanese icon into a global battle with the likes of Netflix.

Sony could end up spending more than 100 billion yen ($957 million) on the U.S. streamer, gaining its 70 million members around the world.

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