Crunchyroll co-founder Kun Gao has stepped down from the position of General Manager at Crunchyroll.
Gao will continue to serve as an adviser at Crunchyroll, and as a board member at Crunchyroll K.K., the company’s Japanese branch.
The Chernin Group and AT&T formed the joint venture Otter Media in 2014, and Otter Media invested another US$22 million in Crunchyroll’s parent company Ellation in November 2015.
Gao commented that he thinks Crunchyroll has a “bright future,” and that he has confidence in Waage and the rest of the team.