AT&T and The Chernin Group joint venture Otter Media’s subsidiary company and Crunchyroll’s parent company Ellation is reportedly developing the service.
Otter Media invested another US$22 million in Crunchyroll’s parent company Ellation in November.
The Chernin Group, a company run by former News Corporation executive Peter Chernin, acquired a majority stake in Crunchyroll in December 2013.
Entertainment news magazine Variety reported on Tuesday that AT&T is developing a subscription-based content service called “Vrv” that will bundle other streaming services together, including Crunchyroll.