AMC Networks has completed the acquisition of Houston-based Sentai Holdings, a leading global supplier of anime content and official anime merchandise, with brands including the anime-focused HIDIVE direct-to-consumer subscription streaming service. The acquisition includes all of the member interests from Cool Japan Fund, Inc., a public-private Japanese investment fund.
With strong industry relationships and access to key content creators in Japan, Sentai distributes and curates one of the anime industry’s most diverse libraries of top trending and classic titles, with its content available on Crunchyroll, Hulu and Amazon Prime, among others. Sentai’s HIDIVE streaming service represents a strong new addition to AMC Networks’ portfolio of fast-growing targeted offerings, which includes AMC+, Acorn TV, Shudder, Sundance Now and ALLBLK. AMC Networks, the global leader in targeted streaming, has forecast its targeted streaming portfolio will have exceeded nine million paid subscribers by year-end 2021, with 20-25 million paid subscribers by 2025.
AMC Networks Interim CEO Matt Blank said:
“With a seasoned team, strong content and direct-to-consumer offerings for fans around the world, Sentai is a key global player in anime. This acquisition builds on AMC Networks’ already strong IP and franchises and furthers our targeted streaming strategy of super-serving passionate audiences with content depth, curation and community. With the addition of Sentai, we see an even greater opportunity to build on AMC Networks’ position as the global leader in targeted streaming, as we continue to grow a sustainable and long-term profitable streaming business that will be transformational for our company.”