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Funimation To Shut Down Completely On April 2; Deleting Purchased Digital Copies
(www.animeexplained.com)
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I'm pretty sure it all goes to Crunchyroll. I don't think you're actually losing anything, just having it moved to a different platform
(edit): Nevermind, I didn't know digitally redeemed blu-rays and stuff were a thing. You'll lose those if you have em but tbh I can't imagine very many people do.