whats known and unknown

Chernin Group confirms the acquisition of Crunchyroll

on December 3, 2013


The Chernin Group has acquired a majority of Crunchyroll.com, the anime-focused online video offering that we have covered extensively in the past. The acquisition was first reported in October, and both companies confirmed these reports Monday, but declined to offer details on the numbers. In a statement, Peter Chernin said:

“We couldn’t be more excited about the future.  Our plan is to continue to grow the anime vertical as well as launch new channels in different genres. Online video is growing faster than any other sector within media, and we feel that with Crunchyroll, we have a fantastic, anchor platform.”

Crunchyroll is one of a handful of online video platforms that has been able to carve out their own niche next to giants like Netflix (S NFLX) and Hulu by taking advantage of content arbitrage: These sites cheaply license specialized content from countries like Japan and South Korea, and…

View original post 46 more words


Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: