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Sony Bets on Anime to Become Intellectual Property Giant, Fuel Future Growth

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EXCLUSIVE Screentime Sony Bets on Homegrown Anime to Fuel Decades of Future Growth The PlayStation company looks to a beloved genre to find its next big hit From the Walkman and PlayStation to Spider-Man’s box office records, Sony Group Corp. has shown a knack for shaping global pop culture hits. Now in the midst of a strategic transition, the company is pouring time and money into a homegrown genre with the potential to power growth for decades to come: anime. After turning Demon Slayer:...

EXCLUSIVE Screentime Sony Bets on Homegrown Anime to Fuel Decades of Future Growth The PlayStation company looks to a beloved genre to find its next big hit From the Walkman and PlayStation to Spider-Man’s box office records, Sony Group Corp. has shown a knack for shaping global pop culture hits. Now in the midst of a strategic transition, the company is pouring time and money into a homegrown genre with the potential to power growth for decades to come: anime. After turning Demon Slayer: Kimetsu no Yaiba into a global phenomenon, the company is working to seed or acquire the next anime blockbuster. Some 80 years into its history, Sony is determined to create franchises that will last about as long.
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Originally published by Bloomberg Technology Read original →