Chernin Group and AT&T joint venture Otter Media has invested $22m in Ellation, the owner of anime streaming platform Crunchyroll.
Otter Media, the joint investment venture between digital media company Chernin Group and telecommunications firm AT&T, has invested $22m in Ellation, the US-based operator of video streaming service Crunchyroll, TechCrunch reported on Friday.
Crunchyroll is an online streaming service focused on Japanese anime content. The platform has racked up 20 million registered users and is set to achieve 750,000 paying subscribers by the end of 2015.
Chernin Group paid an undisclosed sum for a majority stake in Crunchyroll in…
