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  1. Home
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  4. Crunchyroll
Crunchyroll logo
Media & Entertainment

Who Owns Crunchyroll?

Crunchyroll is owned by Sony Group Corporation (TSE: 6758, NYSE: SONY), a publicly traded Japanese multinational conglomerate. Sony acquired Crunchyroll in 2021 for $1.175 billion through its Sony Pictures Entertainment division and merged it with Funimation. Crunchyroll is headquartered in San Francisco, California, and has over 17 million paid subscribers as of 2025, making it the world's largest dedicated anime streaming platform.

Parent Company

Sony Group Corporation

Acquired

2021

Status

Publicly Traded

Headquarters

San Francisco, California, USA

Crunchyroll Timeline

1946
Sony Group Corporation

Parent company established in Tokyo, Japan

Company Founded
2006

Crunchyroll

Founded by Kun Gao, Brandon Ooi, James Lin, Patrick Macdonald

Founded
2021
Acquired by Sony Group Corporation

Sony Group Corporation acquired Crunchyroll

Acquired
mid rangemass marketGlobalOfficial Website

Who Owns Crunchyroll?

  • Parent Company: Sony Group Corporation
  • Ownership Type: Wholly owned
  • Acquisition Year: 2021
  • Company Type: Publicly Traded
  • Stock Ticker: TSE: 6758
BrandParent CompanyOwnership Type
CrunchyrollSony Group CorporationWholly owned

Where to Buy

Disclosure: We may earn commission from purchases
AmazonCrunchyroll on Amazon

History of Crunchyroll

  • Founded: 2006
  • Founders: Kun Gao, Brandon Ooi, James Lin, Patrick Macdonald
  • Acquired by Sony Group Corporation: 2021

Crunchyroll was founded in 2006 by Kun Gao, Brandon Ooi, James Lin, and Patrick Macdonald as a video streaming website for East Asian media. The platform initially operated as a user-uploaded video site where fans could share anime and Asian drama content, much of which was fansubbed and not officially licensed. This early model drew criticism from Japanese anime studios and distributors.

In 2008, Crunchyroll began transitioning to a legal streaming model by securing licensing agreements with Japanese anime studios. The company raised venture capital funding from Venrock and other investors to support this transition. By 2009, Crunchyroll had secured simulcast agreements with major studios including TV Tokyo, allowing the platform to stream new anime episodes within hours of their Japanese broadcast.

In 2013, The Chernin Group acquired a controlling stake in Crunchyroll. The investment provided resources for international expansion and content acquisition. In 2014, AT&T and The Chernin Group formed Otter Media as a joint venture to hold Crunchyroll and other digital media properties. AT&T later acquired full ownership of Otter Media in 2018.

Through the 2010s, Crunchyroll expanded its content library, added manga publishing, launched original productions, and grew its subscriber base. The platform introduced premium subscription tiers offering ad-free viewing, high-definition streaming, and simulcast access. By 2020, Crunchyroll had approximately 3 million paying subscribers and over 90 million registered users.

In August 2021, Sony Pictures Entertainment acquired Crunchyroll from AT&T for approximately $1.175 billion. Sony merged Crunchyroll with its existing anime streaming property, Funimation, in March 2022. The merger consolidated anime streaming rights and libraries under the Crunchyroll brand. Funimation's catalog was gradually migrated to the Crunchyroll platform, and the Funimation streaming service was eventually discontinued.

Under Sony's ownership, Crunchyroll's subscriber base grew from approximately 5 million at the time of the merger to over 17 million by 2025. The platform expanded its theatrical distribution business, releasing anime films in theaters worldwide, and launched the Crunchyroll Manga app. Sony's cross-division integration has included collaborations with PlayStation for game-anime adaptations and with Sony Music for anime soundtracks.

About Sony Group Corporation

Who owns Sony Group?
Sony Group Corporation is a publicly traded company listed on the Tokyo Stock Exchange under ticker 6758 and on the New York Stock Exchange under ticker SONY. Ownership is distributed among institutional investors, with no single controlling shareholder. The company conducted a five-for-one stock split effective October 1, 2024, to make shares more accessible to retail investors.

What is Sony's revenue?
Sony reported FY2025 revenue of ¥12.48 trillion ($82.7 billion) from continuing operations, up 4 percent year over year. Operating income was ¥1.45 trillion, up 13 percent. For FY2026, Sony raised its revenue forecast to ¥12.5 trillion ($78.5 billion) and its operating profit forecast to ¥1.72 trillion ($10.8 billion), which would be a record. Q1 FY2026 revenue was ¥2.837 trillion ($17.8 billion), up 8 percent.

What happened to Sony's financial services business?
Sony completed the partial spin-off of Sony Financial Group Inc. (SFGI) on October 1, 2025. Sony distributed approximately 83.6 percent of SFGI shares to Sony shareholders as dividends in kind and retained a 16.40 percent stake. SFGI was listed on the Tokyo Stock Exchange Prime Market on September 29, 2025. SFGI is no longer a consolidated subsidiary of Sony but is accounted for as an affiliate using the equity method. The spin-off allows Sony to focus on its entertainment and technology businesses.

How many PlayStation users are there?
PlayStation had 125 million monthly active users as of June 2026, up 2 percent year over year. Total playtime during the June 2026 quarter decreased 4 percent from the year-prior period, though Sony said user engagement remained solid. Sony sold 1.5 million PS5 units in the June 2026 quarter, down from 2.5 million in the year-earlier period, reflecting the console's position in the latter part of its lifecycle.

What brands does Sony own?
Sony owns brands across gaming, music, film, and electronics. Key brands include PlayStation (gaming), Sony Music Entertainment and Sony Music Publishing (music), Sony Pictures Entertainment and Crunchyroll (film and streaming), Bravia (televisions), Alpha (cameras), and Bungie (game development). Sony also licenses its brand to SFGI for financial services following the spin-off.

Is Sony profitable?
Yes. Sony reported FY2025 operating income of ¥1.45 trillion ($9.6 billion) from continuing operations, up 13 percent year over year. Net income from continuing operations was ¥1.03 trillion ($6.6 billion). For FY2026, Sony forecasts operating income of ¥1.72 trillion ($10.8 billion), which would be a record. The company plans to pay a dividend of ¥35 per share for FY2026, up ¥10 from FY2025.

Where is Sony headquartered?
Sony Group Corporation is headquartered in Tokyo, Japan. The company has been based in Tokyo since its founding in 1946. Sony operates globally with manufacturing facilities in Japan, China, Malaysia, and Thailand, and offices and studios around the world. The company employs approximately 113,000 people.

  • Founded: 1946
  • Headquarters: Tokyo, Japan
  • Company Type: Publicly Traded
  • Stock: TSE: 6758
  • Revenue: ¥12.48 trillion / $82.7 billion (FY2025)
  • Employees: Approximately 113,000

Visit Sony Group Corporation website

View full company profile for Sony Group Corporation

Where Is Crunchyroll Made / Based?

  • Headquarters: San Francisco, California, USA

Crunchyroll Categories & Tags

Anime StreamingMangaStreaming ServiceSonyJapanese AnimationSimulcast

Crunchyroll Sustainability & Ethics

Crunchyroll operates under Sony Group Corporation's corporate sustainability framework. Sony's "Road to Zero" environmental plan targets a zero environmental footprint by 2050, with intermediate targets under the "Green Management 2030" initiative covering fiscal years 2026 through 2030.

As a digital streaming service, Crunchyroll's direct environmental impact is primarily related to data center energy consumption and content delivery network operations. Sony has committed to using 100% renewable electricity at its owned and operated sites by 2030. Crunchyroll's streaming infrastructure relies on cloud-based services, and the environmental impact of these operations is governed by the cloud providers' sustainability commitments rather than Sony's direct environmental targets.

Sony's Green Management 2030 targets include reducing absolute greenhouse gas emissions across Sony Group operations, accelerating resource circulation, and addressing plastic packaging. These targets apply to Sony's manufacturing and physical operations more directly than to Crunchyroll's digital streaming operations.

Crunchyroll is not independently certified by any sustainability certification body. The sustainability initiatives described above are corporate-level programs operated by Sony. Consumers seeking independently verified sustainability information should consult Sony's annual sustainability report.

Awards & Recognition

Crunchyroll's primary awards program is the Crunchyroll Anime Awards, which the company organizes and produces. The Anime Awards were first presented in January 2017 and have become the most prominent awards program in the anime industry.

  • Crunchyroll Anime Awards: The Anime Awards recognize excellence in anime production across categories including Anime of the Year, Best Animation, Best Director, and Best Original Score. The awards are determined by a combination of fan voting and a panel of industry judges. The 2025 Anime Awards ceremony was held in Tokyo, Japan, with Solo Leveling winning Anime of the Year. The 2026 ceremony is scheduled for May 2026.
  • Streaming Innovation Recognition: Crunchyroll has been recognized by entertainment industry publications for its role in transforming anime from a niche international market to a mainstream global entertainment category. The platform's simulcast model, which makes new episodes available internationally within hours of Japanese broadcast, has been credited with reducing anime piracy and expanding the global anime audience.

Crunchyroll itself has not received independent "best of" rankings from consumer technology or streaming industry award programs. The brand's recognition is primarily tied to the Anime Awards program it organizes and its market position as the largest dedicated anime streaming platform.

Crunchyroll Recalls & Controversies

As a digital streaming service, Crunchyroll is not subject to product recalls. The brand has faced controversies related to content censorship, localization quality, and regional access.

Content Censorship: Crunchyroll has faced ongoing criticism from anime fans regarding censorship of content, particularly nudity and mature themes. The platform has been accused of airing censored Japanese broadcast versions of anime rather than uncensored versions available on physical media. This issue has generated significant fan backlash, particularly for series where the uncensored version is available on competing platforms or home video releases.

Localization Quality and Ooona Transition (2025): In 2025, controversy emerged regarding the quality of subtitles and localization after Crunchyroll transitioned to using Ooona, an Israeli-based localization platform. Fans reported issues with translation accuracy, timing errors, and inconsistent quality. The backlash highlighted tensions between cost optimization and content quality in anime localization. Crunchyroll has not publicly addressed the specific concerns in detail.

Russian Dub Discontinuation (2026): In early 2026, Crunchyroll announced the discontinuation of Russian-language dubbing services. This decision affected Russian-speaking anime fans, particularly those living outside Russia. Crunchyroll had been one of the last major streaming platforms providing official Russian dubs for anime content, following similar suspensions by Netflix and Amazon Prime Video in 2022.

Funimation Merger and Library Migration: The March 2022 merger of Funimation into Crunchyroll generated controversy when it became clear that not all Funimation content would be migrated to the Crunchyroll platform. Some titles were lost due to licensing conflicts, and subscribers who had paid for Funimation lifetime subscriptions or digital copies expressed frustration when those purchases did not transfer to Crunchyroll. The Funimation streaming service was eventually shut down in April 2024.

Regional Content Restrictions: Crunchyroll's catalog varies by geographic region due to licensing agreements with Japanese production committees. Fans in certain regions have expressed frustration about being unable to access specific titles that are available in other markets. These restrictions are a standard feature of international streaming licensing but have generated ongoing criticism from subscribers.

Content Removals: Crunchyroll periodically removes anime titles from its platform when licensing agreements expire. These removals sometimes occur with limited advance notice, frustrating subscribers who lose access to content they were watching. The platform has been criticized for not providing more transparent information about upcoming content removals.

Brands Owned by Sony Group Corporation

PlayStationConsumer Electronics

PlayStation

Owned by Sony Group Corporation

Sony's flagship gaming brand encompassing consoles, games, online services, and subscription platforms, operated by Sony Interactive Entertainment.

gamingvideo-gamesconsole
Sony Music EntertainmentMedia Entertainment

Sony Music Entertainment

Owned by Sony Group Corporation

One of the world's largest music companies, owned by Sony Group Corporation, operating record labels and publishing services globally.

musicrecord-labelmusic-publishing
Sony Pictures EntertainmentMedia Entertainment

Sony Pictures Entertainment

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American film and television production studio owned by Sony Group Corporation, producing and distributing entertainment content worldwide.

film-studiotelevisionentertainment
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Crunchyroll Ownership: Pros & Cons

Advantages

  • +Sony's financial resources and entertainment infrastructure support content acquisition at a scale that independent anime platforms cannot match
  • +Integration with PlayStation provides cross-platform marketing and potential game-anime adaptations
  • +The Funimation merger eliminated the primary competitor and consolidated anime streaming rights under one platform
  • +Sony Music relationships support anime soundtrack production and distribution
  • +Sony Pictures' theatrical distribution infrastructure enables Crunchyroll to release anime films in theaters worldwide

Considerations

  • -Sony does not disclose Crunchyroll-specific financial performance, limiting transparency for investors and analysts
  • -The Funimation merger resulted in lost content and frustrated subscribers who had purchased Funimation digital copies
  • -Localization quality concerns following the Ooona transition have damaged trust among segments of the anime fan community
  • -Regional licensing restrictions create an inconsistent user experience across geographic markets
  • -Competition from Netflix, Amazon, and Disney in anime content acquisition could drive up licensing costs and reduce Crunchyroll's content advantage

Frequently Asked Questions About Crunchyroll

Sources & Further Reading

  • Crunchyroll Official Website -
  • Sony Group Corporate Website -
  • Sony Group Investor Relations -
  • Sony Group Annual Report FY2024 -
  • Crunchyroll Anime Awards -
  • Wikidata: Crunchyroll entity -
  • Sony Green Management 2030 -
  • Anime News Network -
  • Variety Entertainment Industry Coverage -
  • Tokyo Stock Exchange: Sony Group (6758) -

Competitors to Crunchyroll

No direct competitors found in the same category. This could be because Crunchyrolloperates in a unique market segment or we're still building our competitor database.

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Sony Group Corporation Stock Information

Jobs at Sony Group Corporation

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Last reviewed: August 1, 2026 · Reviewed by Who Brands Editorial Team