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Netflix bets on Japanese anime to battle Disney and Apple in streaming wars

Netflix bets on Japanese anime to battle Disney and Apple in streaming wars

As Netflix Inc. prepares for a bruising battle against the Walt Disney Co. and Apple Inc. for streaming subscribers, it’s playing a card that may deliver enough of an edge to fend them off in Asia: Japanese anime.
Overseas sales of Japanese animation content has quadrupled to almost $10 billion since 2012, according to Humanmedia Inc., a Tokyo-based research firm.
Crunchyroll, a San Francisco-based on-demand streaming service for anime fans outside Japan, has about 2 million subscribers.
To gain an edge, Netflix is bringing its strategy of developing original exclusive shows to anime as well.
Now, Netflix says it is developing a library of exclusive anime shows, clinching long-term partnerships with five of Japan’s notable animation studios.