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Crunchyroll Rolling In Investment Dollars
| Submitted by: | Guest  |
| Submitted: | Mar 25 2010 08:08 PM |
| Last updated: | Mar 25 2010 08:08 PM |
| Category: | Anime News |
| Title: | Crunchyroll Rolling In Investment Dollars |
| Source: | http://www.animenewsnetwork.com/news/2010-03-25/crunchyroll-gets-us$750000-investment-by-tv-tokyo |
| Content: | Crunchyroll, an online anime and video streaming site, has announced that TV Tokyo has purchased minority stake in the company, for a total amounting to $750,000. Also according to Crunchyroll, there are negotiations with an undisclosed major book publisher as well. It's what the company refers to as "strategic investments." In all honesty, I'm not sure how I feel about something like this. On one hand, it's a company offering a good service in a smart way furthering their profits and collaborating with a major company. On the other hand, "major company" is almost always synonymous with "profit margin." The problem there lies in how companies do business. Smaller businesses tend to play their cards closer to the consumer, keeping business by maintaining an unmatched customer service reputation. Larger businesses, which offer so much service, can squeeze profits out of every conceivable venture (or cut the venture if it's not profitable). Which means that if more money's to be made selling user subscriptions than on free viewing, ad-profited, then it may just happen. Either way, that's just speculation. But any time there are big-dollar investments and "minority stakes" involved, it's a safe assuming to bet on there being a little more litigation in your leisure time. |
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