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Concept
Funimation
Summary
Funimation is an American subscription video on-demand over-the-top streaming service primarily operated by its parent company Crunchyroll, LLC as of 2022. Launched in 2016, the service is one of the leading distributors of anime and other foreign entertainment properties in North America. It has streamed popular series, such as Dragon Ball, One Piece, Yu Yu Hakusho, My Hero Academia, Attack on Titan, Fairy Tail, Black Clover, Fruits Basket, Assassination Classroom and Tokyo Ghoul among many others.
In 2017, the service and its parent company were acquired by Sony, who run the service through Sony Pictures Entertainment from 2017 to 2019 and Sony Pictures Television and Aniplex from 2019 to 2022. In 2021, Sony acquired Crunchyroll. In March 2022, it was announced that a large majority of Funimation's catalog would be moving to Crunchyroll; despite this, the Funimation streaming service remains active and continues to distribute titles that were originally licensed by the Funimation company before the merger as of 2023.
Crunchyroll, LLC#History
In the early 1990s, Japanese-born businessman Gen Fukunaga was approached by his uncle, Nagafumi Hori, who was working as a producer for Toei Company. Hori proposed that if Fukunaga could start a production company and raise enough money, Toei Animation would license the rights to the Dragon Ball franchise to the United States. Fukunaga met with co-worker Daniel Cocanougher, whose family owned a feed mill in Decatur, Texas, and convinced Cocanougher's family to sell their business and serve as an investor for his new company. The company was founded on May 9, 1994, as FUNimation Productions.
They initially collaborated with other companies on Dragon Ball, such as BLT Productions, Ocean Studios, Pioneer and Saban Entertainment. After two aborted attempts to bring the Dragon Ball franchise to television via first-run syndication, Cartoon Network began airing Dragon Ball Z as part of its Toonami programming block in 1998, which quickly became the highest-rated show on the block and garnered a large following.
Official source
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