The Canadian PressDecember 2, 2013 20:33
LOS ANGELES, Calif. - 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.
Terms were not disclosed.
Crunchyroll was founded in San Francisco in 2007 and launched two years later.