Crunchyroll and VIZ Media Europe have announced that the companies have signed an agreement for Crunchyroll to become a majority investor in VIZ Media Europe Group. The Hitotsubashi Group — consisting of Shueisha, Inc., Shogakukan, Inc., Shogakukan-Shueisha Productions, Co., Ltd. — will retain a minority stake in VIZ Media Europe Group.
The VIZ Media Europe Group is comprised of VIZ Media Europe, AV Visionen, Anime Versand, and VIZ Media Switzerland. VIZ Media Europe and Switzerland are content suppliers for TV broadcasters and video-on-demand platforms for the Europe, Middle East, and Africa (EMEA) regions. The group also handles theatrical distribution of anime in Europe, retail in the EMEA region, manga publishing (with Kazé Manga) in French- and German-speaking Europe, home video releases, and video streaming.
Joanne Waage, general manager of Crunchyroll, stated that the agreement “will bring together significant expertise, capabilities, and dedication to grow and promote [Crunchyroll and VIZ Media Europe’s] respective licensed and original content.”