Chernin Group to acquire majority stake in Venrock-backed Crunchyroll – AllThingsD

According to AllThingsD, the Chernin Group is buying a majority stake in Crunchyroll in a transaction that will value the company at less than $100 million. The site also reported that after the deal closes, one of Crunchyroll’s main backers, TV Tokyo, will continue to have a stake in the company while another, Venrock, will exit. Based in San Francisco, Crunchyroll is a global video service for Japanese anime and Asian media.