Chernin Group reportedly buys majority of Crunchyroll

Peter Chernin’s media company is buying a controlling interest in Crunchyroll, reports AllThingsD. The report puts the money spent at less than $100 million, noting that Crunchyroll has raised $5 million to date. Crunchyroll is specializing in the import of anime TV shows, and the company operates a growing subscription business. For more on Crunchyroll, check out my interview with the company’s CEO Kun Gao.

From ClownCo to Video Star: Hulu beyond Jason Kilar

In some ways, it’s amazing Hulu has made it this far. As CEO Jason Kilar departs after months of rumors, here’s a look back at what a pioneering video distribution company has accomplished.

Peter Chernin joins Twitter board. Why?

Twitter is changing its board again – and this time it is adding Peter Chernin, one time News Corp executive and the architect of Hulu, to its board. Chernin’s social media credentials are lower than my baseball batting average, so it is all about advertising & money!