News TV Tokyo Exec: Crunchyroll Broke Even in Month of May (Updated)
posted on 2010-07-07 08:14 EDT
Akihiko Tamura, a managing executive officer at TV Tokyo and the general manager of its animation division, revealed during a TV Tokyo meeting on Friday that the media-distribution website Crunchyroll had broken even during the month of May. Crunchyroll, which is best known for streaming anime worldwide, had announced in March that TV Tokyo had made a US$750,000 strategic investment for a minority stake in Crunchyroll. Tamura did not indicate if Crunchyroll has continued to stay in the black since May.
Crunchyroll began streaming TV Tokyo's Naruto anime series in January of 2009 — the same month it stopped accepting user-submitted videos and other content from individuals, and began only hosting videos approved by copyright holders. The site began streaming TV Tokyo's Bleach anime last month.
TV Tokyo established its animation division in April of 2009 to consolidate its existing anime businesses. Among other duties, Tamura is involved in TV Tokyo's ongoing Anime no Chikara lineup of programs with the anime production company Aniplex.
Update: Crunchyroll itself had revealed during its Anime Expo panel on Thursday that it broke even in May. Thanks, zetsuie.
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