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GDH Takes Stake in Crunchyroll PDF Print E-mail
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Written by maehara   
Friday, 12 September 2008 02:00

CrunchyrollThe love-them-or-hate-them anime streaming site has received a US$2million cash injection from GONZO parent company GDH. The payment gives GDH a stake in Crunchyroll, although without giving them a say in the running of the site, and was revealed by the Japanese company yesterday. GDH has itself received a takeover bid and cash injection from investment group Iwakaze Capital, which should go some way to alleviating the company's recent financial woes.

Now, if GDH could use some of the influence that investment should bring them to bring Crunchyroll's ongoing streaming of unlicensed content to heel, everyone would be happy...