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Online media-streaming website Crunchyroll has seen what the two parties are calling a “strategic investment” amounting to $750,000 from Japanese television station TV Tokyo.
While TV Tokyo now have shareholder rights following the investment, Crunchyroll’s operations and management will remain unchanged. A majority of the anime streamed at the site is broadcast by TV Tokyo, so the investment makes business sense.
Crunchyroll also announced they are in the process of negotiating a second strategic investment with a group of major Japanese book publishers.
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Published: Mar 27, 2010 12:00 pm