News Crunchyroll Gets US$750,000 Investment by TV Tokyo
posted on 2010-03-25 06:00 EDT
The media-distribution website Crunchyroll has announced on Thursday that TV Tokyo made a US$750,000 strategic investment for a minority stake in Crunchyroll. The company made the announcement at its symposium on the opening day of Tokyo International Anime Fair. Crunchyroll also said that there are "negotiations currently underway with an undisclosed group of major Japanese book publishers" for a second round of strategic investment.
According to Crunchyroll, its corporate structure, strategic management, and operations will not change, but TV Tokyo will have shareholder rights in the company. TV Tokyo already provides much of the anime programming that Crunchyroll simulcasts outside Japan.
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