AT&T Buys Crunchyroll Owner

AT&T, who recently took over Time Warner, has now acquired Otter Media, the parent company of Crunchyroll. John Stankey, chief executive of WarnerMedia, as Time Warner has been renamed, will oversee Otter. Mr. Stankey said in a statement that AT&T planned to “harness Otter’s expertise” to strengthen its own digital assets. He did not say which ones, but Warner Bros. owns niche video companies like Machinima, which focuses on gamers, and Boomerang. And DC Universe. In addition to Crunchyroll, Otter [...]
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