Netflix Made More Money From Anime Than Crunchyroll & Hulu Combined

Netflix dominates the global anime streaming market, generating $2.074 billion in revenue, significantly outpacing competitors like Crunchyroll and Hulu. While Crunchyroll leads in merchandising, it faces challenges including meeting growth projections and strained relationships with some producers. Other platforms, such as Max and Disney, are increasing their investments in anime through partnerships with Japanese studios. Despite the competition, Crunchyroll maintains a positive public stance toward Netflix's presence, suggesting it can help grow the overall anime fanbase. The anime industry as a whole generated $19.8 billion in total revenue in 2023.