Crunchyroll issues statement on Chernin investment


Everything's going to stay the same, business as usual

Back at the end of October, we heard that The Chernin Group bought a stake in Crunchyroll, boosting its valuation somewhere short of $100 million. Crunchyroll finally came out with a statement to assuage fans' concerns, and it's much of what you'd expect.

The key points of shinji's message was that this investment is to help Crunchyroll expand its services within the anime and manga niche. The investment from TCG doesn't mean that Crunchyroll is changing its direction as a business, or trying to shoehorn in content that doesn't fit with the site.

What it does mean is we'll likely see Crunchyroll expand its manga service and reach out to more new markets with this. They've dipped their toes into French waters, and if they make headway with the manga market, it could be a big seller there -- France's manga scene is much larger than ours.

So worry not, all. This is not the death of Crunchyroll. Just something new and exciting for them.

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Brad Rice
Brad RiceFounder   gamer profile

Brad helped found in 2006, and currently serves as an Associate He's covered all aspects of the industry, but has a particular preference for the business-end of things, more + disclosures



Filed under... #Crunchyroll #industry affairs



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