Otter Media invested another US$22 million in Crunchyroll’s parent company Ellation in November 2015.
Ellation operates under Otter Media, a joint venture between AT&T and The Chernin Group formed in 2014.
As part of company restructuring efforts, it is with regret that we needed to make some difficult but necessary changes at Ellation.
Crunchyroll hired former Discovery Digital Networks senior vice president and general manager Colin Decker as chief operating officer (COO) in July.
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