Crunchyroll Acquisition, Valuation, Funding & Investors

NewsBreak is a Mountain View-headquartered app delivering hyper-local news from 10,000 U.S. sources to 40 million users. Founded in 2015 by former Baidu engineers, it achieved unicorn valuation in 2021 with $115 million Series C funding. The platform monetizes through publisher tools and local ad campaigns, expanding to 500 cities.

Kuaikan Manhua is a Shanghai-based online comics platform founded in 2014 targeting young readers with original digital artwork. It hosts thousands of titles in romance, action, and slice-of-life genres via app and website at www.kuaikanmanhua.com. Backed by Tencent, it dominates China's comic market and fosters creator communities.

Substack is a San Francisco-headquartered platform empowering writers to publish subscription newsletters, podcasts, and videos. It handles payments, email delivery, and analytics, allowing creators to retain 90 percent of revenue while building direct audience relationships. Popular among journalists from The Free Press and economists like Noah Smith, Substack supports over 3 million paid subscriptions across politics, tech, and culture topics.

Tango Me is a Mountain View-based live streaming app enabling broadcasters to monetize video content through virtual gifts and subscriptions. Users engage in one-to-one chats or group broadcasts, with features supporting 100 million monthly active users across iOS and Android in 200 countries.

Saregama India Ltd is a holding company, which engages in the production and distribution of music, television programs, and movies. It operates through the following segments: Music, Films/TV Serials, and Publication. The Music segment deals with the business of manufacturing and sale of Music storage devices viz. Carvaan, Music Card, etc, and dealing with related music rights. The Films/TV Serials and Event segment engaged in the production and sale/telecast/broadcast of films/TV Serials, pre-recorded programs, organizing live musical events, and dealing in film rights. The Publication segment publishes the weekly current affairs magazine ‘OPEN’ through its publication business. The firm derives a majority of its revenue from the Music segment.

RIDI is a South Korean digital content platform often described as the country's Kindle, built around e-book retailer Ridibooks alongside Manta Comics, a subscription webtoon service, and Laftel, an animation streaming service. Founded in 2008, the Seoul-based company spans web novels, webtoons, video, and original soundtracks, competing with Naver and Kakao in Korea's webtoon and web novel markets. It has also pursued licensing deals to supply intellectual property to streaming platforms such as Netflix and Disney Plus.

LeVP is a Beijing-headquartered internet technology subsidiary of LeEco, integrating content, devices, and services across smartphones, smart TVs, electric vehicles, and sports streaming. The platform delivers an ecosystem connecting Leshi Video, LeTV hardware, and LeCloud storage for users in China and select international markets. Formed in 2015, it supports LeEco's cycle of shared hardware-software experiences.

Atmosphere is an Austin-based streaming TV service for bars, restaurants, and gyms, delivering 21 ad-supported channels with sports, lifestyle, and entertainment content. Spun out from Chive Media Group in 2019, it includes digital signage overlays for venue promotions and viewer interaction via QR codes. The platform reaches thousands of U.S. locations through proprietary data analytics.

ivi is a Moscow-based video streaming service that delivers over 20,000 titles, including movies, TV series, and live channels, to more than 5 million monthly active users in Russia and CIS countries. Launched in 2010, the platform licenses content from Hollywood studios like Warner Bros. and Disney, alongside Russian productions. Features include 4K streaming, offline downloads, and personalized recommendations powered by algorithms. ivi expanded into smart TV apps and partnerships with telecom providers such as Rostelecom, generating revenue through subscriptions starting at 199 rubles per month and ad-supported tiers.

Minute Media is a sports and culture content platform owning brands like The Players' Tribune, FanSided, 90min, and STN Video. Tel Aviv-headquartered with offices in New York, London, São Paulo, and Tokyo, it powers creation and distribution for 1,500 creators across 14 markets in 10 languages.

New York-based mobli is a visual media sharing platform organized into channels for people, places, and topics. Launched in 2012 with backing from Leonardo DiCaprio, it enabled real-time photo and video discovery via algorithmic feeds, attracting partnerships with Time Inc. and reaching 15 million users before pivoting.

OneFootball is a German football media and technology company headquartered in Berlin, operating as OneFootball GmbH. It was founded in Bochum in 2008 by Lucas von Cranach, who in 2009 launched the iLiga app that was later renamed and merged under the OneFootball brand. Its free app and website combine live scores, statistics, news and video from more than 200 leagues in multiple languages, produced by a Berlin newsroom, and the company also streams matches directly through the app, starting in 2019 with La Liga in the UK via Eleven Sports and 2. Bundesliga and DFB-Pokal games in Germany via Sky. OneFootball makes money mainly from advertising and brand partnerships, together with OTT streaming, publishing and services for clubs, leagues, federations and players; it says more than 200 million fans use the platform each month. In 2020 it acquired the video platform Dugout, bringing its founding clubs, including Arsenal, Barcelona, Bayern Munich, Liverpool, Manchester City, PSG and Real Madrid, in as shareholders. In April 2022 it raised €300 million in a Series D led by Liberty City Ventures with Animoca Brands and Dapper Labs to expand into Web3, then cut its workforce to about 240 after the crypto downturn; Patrick Fischer became chief executive in 2023.

Zwift is an interactive fitness platform that virtualizes indoor cycling and running through 3D landscapes and social features. Long Beach-headquartered since its 2014 launch, Zwift connects users' bike trainers and treadmills to the app for group rides, training, and competitions with friends worldwide. The platform employs gaming technology to replicate outdoor experiences indoors.

Epidemic Sound is a Stockholm-based music licensing company offering a catalog of over 40,000 tracks across 180 genres for video creators. Subscribers access unlimited downloads cleared for YouTube, TikTok, and broadcast use worldwide. Founded in 2009, it employs in-house composers and serves millions of users monthly.

Stingray Group Inc is a provider of multi-platform music services. It broadcasts music and video content on several platforms, including radio stations, premium television channels, digital TV, satellite TV, IPTV, the Internet, mobile devices, and game consoles. The company's reportable segments are: Broadcasting and commercial music, Radio, and Corporate and eliminations. The maximum revenue is generated from its Broadcasting and commercial music segment, which specializes in the broadcast of music and videos on multiple platforms and digital signage experiences and generates revenues from subscriptions or contracts. Geographically, the company derives its key revenue from the United States and the rest from Canada and other countries.

Viaplay Group AB is a Sweden-based company that offers television channels and radio stations, broadcasting and production services. The company generates revenue from Viaplay, Linear Subscription & others, and Advertising. The company's operating segment includes Core operations and Non-core operations. The Core operations include the Group’s operations related to the Viaplay streaming service available in all Nordic countries and the Netherlands, pay-TV channels in all Nordic countries except Iceland, commercial free-TV channels in Sweden, Denmark and Norway; and commercial radio networks and audio streaming services in Sweden and Norway. The non-core includes the international markets the Group is exiting, ie. Poland, the UK and Baltics.

WildBrain Ltd is a Canadian media company specializing in children’s entertainment, known for producing, distributing, and licensing popular content. The company operates production studios, a multi-channel YouTube network, and a brand licensing agency (WildBrain CPLG). WildBrain’s content reaches audiences in various countries across TV, digital platforms, and consumer products. Its business spans content creation, audience engagement, and franchise management with offices in Canada and internationally. It has three reportable segments: 1) Content and Licensing; 2) Global Licensing, and 3) Canadian Television Broadcasting. The company generates the majority of its revenue from the management of copyrights, licensing, and brands for third parties.