The Chernin Group, a media company run by former News Corp. Chief Operating Officer Peter Chernin, has taken a majority stake in Crunchyroll Inc., a provider of anime videos to mobile devices, game consoles and Internet-connected TVs.
Crunchyroll's senior management will maintain a stake, along with investor TV Tokyo.Crunchyroll was founded in San Francisco in 2007 and launched two years later.
In March, it said it had more than 200,000 premium subscribers. They pay $7 to $12 a month for high-definition streaming, discounts on merchandise and immediate access to new episodes after airing. The company launched an online store in May.
Chernin said in a statement that the plan is to continue to grow the anime channel while launching new channels in different genres.