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Crunchyroll Completes Majority Acquisition of VIZ Media Europe Group

SAN FRANCISCO, PARIS, LAUSANNE, BERLIN, December 4th 2019

Crunchyroll (a WarnerMedia company, and part of Otter Media), and Viz Media Europe Group, one of Europe's most established licensors and distributors of Japanese animation, are announcing today the closing of a transaction that brings together Crunchyroll's popular anime brand and global platform with Viz Media Europe Group's EMEA-wide network of partners, distributors, and licensees.

Through the closing of this deal, Crunchyroll is now the majority owner in Viz Media Europe Group, which encompasses Viz Media Europe, VIZ Media Switzerland, AV Visionen, KAZÉ, KAZÉ Manga, Anime on Demand, and Anime Digital Network (in partnership with Citel, a subsidiary of Média-Participations).

Together, Crunchyroll and Viz Media Europe Group are also announcing the appointment of John Easum in the new role of Head of Crunchyroll EMEA.

“This is an important moment in Crunchyroll's history, indicative of our commitment to growing the global anime and manga communities. Through this acquisition, we now have operations and expertise at scale in EMEA to grow the value and audience of our collective IP across streaming, broadcast, theatrical, home video, manga, games, events, ecomm and more” said Joanne Waage, general manager of Crunchyroll. “As we move into this next chapter, we can think of no person better-suited to guide our strategy and team in EMEA than John Easum, who brings more than 25 years of experience growing the anime and manga industries internationally and who has served in leadership positions previously at Viz Media Europe and Viz Media USA.”

As head of Crunchyroll EMEA, Easum will steer the expansion of Crunchyroll's international efforts, including overseeing Viz Media Europe Group, the management of new and existing content distribution deals, the exploration and expansion of international events and activations, and the discovery of new growth opportunities. Easum will split his time between Paris and Berlin to work closely with each team in their respective offices.

“I have a deep history with Viz Media Europe, and I am grateful for the opportunity to again lead a very talented team under a new strategy that I strongly believe will take our company to the next level,” said John Easum, head of Crunchyroll EMEA. “Collectively, we will be in a much stronger position to bring the global anime and manga communities comprehensive 360-degree experiences around the content they love; beyond streaming into broadcast and home video, publishing, consumer products and licensing, events, gaming, and much, much, more.”

With the transaction closed, Crunchyroll will now have offices in San Francisco, Los Angeles, Tokyo, Chisinau, Paris, Berlin, and Lausanne.

As part of this transition, Mr. Kazuyoshi Takeuchi, President of Viz Media Europe, is stepping down from that role and will continue to support Viz Media Europe Group as an Advisor.

Shogakukan and Shueisha Group will retain a minority stake in Viz Media Europe Group and will also retain complete ownership of Viz Media Europe's Publishing Licensing Business through a transfer to VME PLB SAS, a new company created by Shogakukan and Shueisha group. VME PLB SAS will continue to introduce and license Manga for the EMEA and Latin American regions. Mr. Kazuyoshi Takeuchi is appointed as President and Mr. Kazuyuki Masuda is appointed as Managing Director.

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