AMC buys owner of anime streaming service Hidive

AMC Networks has acquired anime distributor Sentai. The financial terms of the deal have not been disclosed, but the purchase will include Sentai’s Hidive streaming service. It will join AMC’s stable of “targeted” streaming platforms, which already includes services such as Shudder, IFC and SundanceTV. As part of the deal, AMC has also acquired Sentai Studios, the Anime Network, and the company’s extensive catalog of anime titles. Some of Sentai’s projects are licensed to use K-On! from Kyoto Animation and Haikyu!! of Production IG.

The acquisition comes less than a year since Sony struck a $1.175 billion deal to buy Crunchyroll from AT&T. At the time, the company said it would soon be working to create a unified anime subscription service with content from both Funimation, which Sony has owned since 2017, and Crunchyroll. If nothing else, today’s deal shows just how big a corporate anime has become in the west.

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