AMC buys the owner of the Hidive anime streaming service

AMC Networks has . Financial terms of the deal were not disclosed, but the purchase includes 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 agreement, AMC also acquired Sentai Studios, the Anime Network and the company’s extensive catalog of anime titles. Some of the projects that Sentai is licensed to include K-On! of Kyoto Animation and Haikyu!! of IG Production.

The acquisition comes less than a year since Sony completed its acquisition of Crunchyroll from AT&T. At the time, the company said it would work quickly to create a unified anime subscription service that would feature content from Funimation, which Sony owns, and from Crunchyroll. If nothing else, today’s deal shows just how big a business anime has become in the West.

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