Anime streaming website Crunchyroll told entertainment news source The Hollywood Reporter that it has contributed US$100 million in royalties to the Japanese industry.
As of February 2017, Crunchyroll’s streaming service has reached more than one million subscribers.
The website launched in 2007 as a streaming service offering anime titles without authorization, but in 2008 it secured raised US$4.05 million in its first-round funding from Venrock an began licensing titles for streaming.
The Chernin Group and AT&T formed the joint venture Otter Media in 2014, and it operates Crunchyroll’s parent company Ellation.