For a while now, Crunchyroll is facing a big decline. In recent seasons, Funimation has been getting a lot of high profile shows in the past. To make matters worse, the service has been losing a lot of shows in its catalog while increasing the subscription fees.
Now, WarnerMedia, who owns Crunchyroll wants to sell it to Sony. Not only this will cause the problem of Sony almost controlling the western anime market, Crunchyroll will most likely cease to exist as they will most likely merge it with Funimation.
With the lack of shows that appeal to my tastes, I kind of let my Crunchyroll Premium lapse and I have yet to renew it. This is mostly because the titles I want to watch is now on Funimation or Hidive.
The question remains, what led to this situation? Is it because of Crunchyroll’s ambitious plans to work on creating their originals with the long-term plan of controlling anime? Or is it bad luck caused by the Covid19 induced recession.