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Post Reply AT&T (and the Chernin Group) now owns Crunchyroll
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Posted 2/2/18 , edited 2/3/18


Otter Media, the internet video joint-venture between AT&T and the Chernin Group, has bought out the remaining stakeholders in Fullscreen and Ellation, the corporate parent of Crunchyroll.

Otter already owned a majority stake in both companies. Some of Fulscreen’s minority owners included Fullscreen CEO George Strompolos, who had retained a “material ownership” stake, according to information the company released back in 2014. TV Tokyo, an early investor in Crunchyroll, had retained a minority stake in Ellation.

An Otter rep confirmed the transaction. “Marking a significant vote of confidence in its businesses, Otter has agreed to buy out all existing shareholders of each of Ellation and Fullscreen. Prior to this agreement, Otter owned more than 50% of each business.”

The buy-out comes just a few months after Digiday reported that AT&T may be looking to buy out Chernin and take sole ownership over Otter Media. It’s unclear at this point what the buy-out means for such a possible move.

http://variety.com/2018/digital/news/att-chernin-j-v-otter-media-buys-out-remaining-fullscreen-crunchyroll-owners-1202675621/

AT&T and the Cherning Group bought Ellation, which is the parent company of Crunchyroll.
it's worth noting that neutrality rules are out the window and AT&T can now legally slow down oher companies access to their services, and that includes Crunchyroll. this is not to say they actually slow it down, but they legally can.

edit: added source
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Posted 2/2/18 , edited 2/3/18
I'm not comfortable with this.
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Posted 2/2/18 , edited 2/3/18
Losing TV Tokyo does not sound like it will be a very healthy thing for a company that was built on making deals with TV Tokyo.

But hey. At least this probably won't make the site any worse than the initial Chernin take over had. At least if AT&T eventually takes over from Peter Chernin like that article implies may happen, they probably won't divert the entire focus of the company's resources purely based on being butt hurt from losing the bid for Hulu a few years ago. *cough* VrV *cough*
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Posted 2/2/18 , edited 2/2/18
irony, it's against the law for one company to own most and/or all of something, yet I can't find many companies anymore that doesn't. looks like AT&T has one more "notch in their belts" and it just goes to prove, you got the money, you can probably obtain the stuff. and, for kicks, let's hope no one has any standing money they own to any of the AT&T companies and have similar names, they don't check your birthday, birth number just go after both names. they don't care, it's all about the money.

it's doubtful they will slow down the service any, of anything they own they tend to "behave" but, yes, if they wanted to there's nothing the consumer can do about it, except grin and bear it. from past research they did do a horrible number on Directv when they obtained it, the price sky rocketed, the packages broken down to make more money, the service because bad... so, be prepared for changes I suppose.
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Posted 2/2/18 , edited 2/3/18
inb4 Crunchyroll becomes $49.99 a month

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Posted 2/2/18 , edited 2/3/18
I doesn't smell good. Not at all. However, we can't do anything but wait.
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Posted 2/2/18 , edited 2/3/18
Didn't AT&T and Chernin Group already own CR (and Ellation)?
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Posted 2/2/18 , edited 2/3/18

PhantomGundam wrote:

Didn't AT&T and Chernin Group already own CR (and Ellation)?


they owned the majority, as outlined in the article. this time though, they completely own Ellation, and that of course includes Crunchyroll.
TV Tokyo used to hold a minority shares, but not anymore.
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Posted 2/2/18 , edited 2/3/18

namealreadytaken wrote:


PhantomGundam wrote:

Didn't AT&T and Chernin Group already own CR (and Ellation)?


they owned the majority, as outlined in the article. this time though, they completely own Ellation, and that of course includes Crunchyroll.
TV Tokyo used to hold a minority shares, but not anymore.


So what exactly does losing TV Tokyo mean? I can't imagine they had much influence before. I honestly don't know a thing about how all these companies do business with each other in regards to CR.
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Posted 2/2/18 , edited 2/3/18
....I thought Sony owned CR thru Funi?

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Posted 2/2/18 , edited 2/3/18
Get rekt.
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Posted 2/3/18 , edited 2/3/18

namealreadytaken wrote:

AT&T and the Cherning Group bought Ellation, which is the parent company of Crunchyroll.
it's worth noting that neutrality rules are out the window and AT&T can now legally slow down oher companies access to their services, and that includes Crunchyroll. this is not to say they actually slow it down, but they legally can.

edit: added source


Actually, with internet neutrality rules out the window, they can't legally slow down traffic to competition, as that would be an "unfair method of competition" under 15 USC 45. The debate about net neutrality was not regarding whether the practice would be legal or not, but whether the FTC could adequately identify and prosecute it, because of a couple legal hurdles. One of those hurdles is the standard of proof, which requires that the practice be found to "cause substantial injury to consumers", isn't easily avoidable by consumers, and isn't outweighed by countervailing benefit to consumers. The other hurdle is that the FTC doesn't have authority over "common carriers subject to the Acts to regulate commerce", so when trying to prosecute AT&T or Comcast they could meet legal challenges to their authority, because AT&T and Comcast also have common carrier services, even though that provision was clearly intended to apply to activities covered under the common carrier acts not to the corporation as a whole just because they have diversified.
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Posted 2/3/18 , edited 2/3/18

Nogara-san wrote:

....I thought Sony owned CR thru Funi?


A partnership is not an acquisition.
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Posted 2/5/18 , edited 2/6/18
That's not necessarily a net neutrality thing. That's more of a monopoly issue.

Net neutrality revolves around equal access of downloading/uploading packets over the net, not ownership.
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Posted 2/5/18 , edited 2/6/18

AirMarshall wrote:

That's not necessarily a net neutrality thing. That's more of a monopoly issue.

Net neutrality revolves around equal access of downloading/uploading packets over the net, not ownership.


for now, nothing has changed. AT&T can, however, deliberately make CR run slower on other networks, or make CR run better on their own network (fast lane). thanks to Trump's new FCC apointee, this would be perfectly legal.
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