THE CHERNIN GROUP ACQUIRES MAJORITY STAKE IN CRUNCHYROLL LOS ANGELES, CA – December 2, 2013 – The Chernin Group (“TCG”), which manages and invests in businesses in the media, entertainment and technology sectors globally, today announced it has acquired a majority stake in Crunchyroll, Inc., the leading global video streaming service for anime content. The Company’s senior management will maintain a significant stake in the Company along with existing investor TV TOKYO. Financial terms of the transaction were not disclosed. Founded in 2007 and based in San Francisco, CA, with an office in Tokyo, Japan, Crunchyroll has built the world’s premier over-the-top video service for Japanese anime content and one of the leading OTT and SVOD platforms online. Crunchyroll features both a free, ad-supported online video offering as well as a subscription online video service to a targeted and passionate fan base in more than 160 countries.