WarnerMedia Now Fully Owns Anime Streaming Service Crunchyroll

WarnerMedia Now Fully Owns Anime Streaming Service Crunchyroll

WarnerMedia Now Fully Owns Anime Streaming Service Crunchyroll

Today (7th August), Cartoon Network’s ultimate parent company – AT&T has fully acquired Otter Media, the owner of Japanese anime streaming service – Crunchyroll and the multiple entertainment brand aggregator streaming service – VRV. Complete control of Otter Media will be under the responsibility of AT&T’s entertainment division – WarnerMedia. Before the full buyout, The company was a joint-venture between AT&T and The Cherin Group – a media and entertainment investment company. The full acquisition of Otter Media includes its wholly-owned subsidiary Ellation, an online subscription video service provider that owns and operates Crunchyroll and VRV, entertainment company – Rooster Teeth and YouTube multichannel network – Fullscreen. Otter Media also has ownership stakes in global content studio Gunpowder & Sky, as well as Hello Sunshine, a media company founded by Reese Witherspoon.

Since its founding in 2014, Otter Media has established a global audience of more than 93 million unique monthly customers and is on reach to target 75 billion video views this year. The company is also one of the top-ten subscription video on demand providers with more than 2 million subscribers. VRV subscribers have access to Otter Media’s Crunchyroll and Rooster Teeth but also rival anime service – Funimation and also Cartoon Hangover – a channel that features original animated series from Frederator Studios, the same company that co-produced Cartoon Network’s Adventure Time.

WarnerMedia already has an anime content brand – Toonami, which is an anime programming block that airs on Saturday nights on Adult Swim USA, however no information has been released on how the full acquisition of Crunchyroll would affect the existing programming block. Although, last November, Jason DeMarco, Creative Director for on-air at Adult Swim and Producer and co-creator of Toonami has said the block will continue until at least the year 2021.

http://comicbook.com/anime/2017/11/19/toonami-to-continue-until-2021/

From The WarnerMedia Press Release: AT&T Acquires Full Ownership of Otter Media

AT&T has acquired The Chernin Group’s controlling interest in Otter Media, the joint venture between the two companies. Otter Media, a leading subscription, advertising and content
company, comprises wholly-owned subsidiaries Ellation, an online subscription video service provider, with offerings under the Crunchyroll and VRV brands, as well as a full-service digital media company, Fullscreen, and its Rooster Teeth brand. Otter also has ownership stakes in global content studio Gunpowder & Sky, as well as Hello Sunshine, a media company founded by Reese Witherspoon.

Otter Media will be a part of AT&T’s WarnerMedia unit and Tony Goncalves, who was appointed Otter CEO earlier this year, will continue to run the company, reporting to WarnerMedia CEO, John Stankey.

“We are thrilled to incorporate the Otter Media brands and talent into WarnerMedia,” said John Stankey, WarnerMedia CEO. “Working with Tony, we look to harness Otter’s expertise in feeding the passion of on-line audiences to augment our portfolio of digital assets and help us further engage, connect and entertain consumers around the globe.”

AT&T and The Chernin Group founded Otter Media in 2014 to invest and develop platforms and properties that capitalized on the growth of direct-to-consumer subscription and advertising models, as well as the rise of new digital media brands.

In the four years since Otter Media’s founding, interest in consuming video online and via mobile devices has only accelerated. In that time, the company has established a global audience of more than 93 million unique monthly consumers and is on pace to deliver over 75 billion video views this year. Additionally, the company is one of the top-ten subscription video on demand (SVOD) providers with more than 2 million paying SVOD subscribers.

“From the outset, Randall Stephenson and John Stankey championed the Otter strategy and vision, and AT&T has been an ideal partner in building the business — smart, creative and supportive,” said Peter Chernin, CEO, The Chernin Group. “With AT&T’s direct-to-consumer relationships, vast data and varied content, I believe they can accelerate Otter’s growth. The combination with WarnerMedia will create a new-era media company, serving customers with every type of content delivered through every possible distribution channel.”

“The Chernin Group’s support and expertise has helped us expand Otter’s capabilities and refine our strategy over the past several years, and today’s news is a testament to our team’s dedication to super-serving passionate audiences across multiple platforms,” said Tony Goncalves, Otter Media CEO. “Otter’s digital-native talent pool understands that today’s viewers want their entertainment mobile, social and community-centric. We plan to harness Otter’s talent and scale to engage and entertain fans around the world on their own terms. And we will continue to be agile and nimble — a hallmark of Otter Media’s culture — so we can deliver the digital, social-first content that our audiences want.”

“Otter is delivering on our mission to build a leading portfolio of direct-to-consumer media brands that have passionate fans and a multi-pronged business model,” said Jesse Jacobs, President, The Chernin Group. “With AT&T’s portfolio in media, distribution and content, combined with Tony’s leadership, we believe full ownership by AT&T will take these businesses to the next level.”

The Otter Media companies have built large networks of talented creators and influencers and have deep libraries of video content. The Otter Media portfolio includes Ellation, a transformative entertainment company and home of industry-leading platforms Crunchyroll and VRV. Crunchyroll is a SVOD service that gives millions of fans access to a vast library of anime content. VRV aggregates and distributes content from multiple over-the-top content providers, including Crunchyroll and Rooster Teeth.

Another key part of the Otter Media family, Fullscreen, is a digital media company that empowers talent and brands to build and monetize highly engaged, social-first audiences through best-in-class strategy, creative services and technology. Fullscreen began as a network of creators, social influencers and YouTube stars that is now 4,500 strong. Since its inception, it has diversified to include branded content, traditional advertising and social media marketing.

Rooster Teeth serves up original shorts, series, comedies and animation for a diverse gaming audience through an owned and operated SVOD service and website, as well as by licensing content to third parties.

AT&T’s WarnerMedia unit was created after the close of the Time Warner acquisition in June 2018. The terms of the deal were not disclosed, but it did not have a material effect on AT&T’s first-half 2018 results when the majority of the deal was funded. This acquisition does not change the company’s plan to reduce its net-debt-to-adjusted-EBITDA ratio to the 2.5x range by the end of 2019 and to its historical range by the end of 2022.

http://www.warnermediagroup.com/newsroom/press-releases/2018/08/07/att-acquires-full-ownership-of-otter-media

Adventure Time Wrap Party: A Party To Celebrate The End Of Production Of One Of Cartoon Network’s Greatest Shows

Adventure Time Wrap Party: A Party To Celebrate The End Of Production Of One Of Cartoon Network's Greatest Shows

Adventure Time Wrap Party: A Party To Celebrate The End Of Production Of One Of Cartoon Network’s Greatest Shows

To celebrate the end of production for one of Cartoon Network’s biggest shows over the past decade – Adventure Time, Cartoon Network threw a huge Wrap Party at the Boulevard3 Night Club on Sunset Boulevard in Los Angeles last night (16/11/2017). The party was a gathering of the voice acting cast and crew from the show and they were united together in celebration for one final time. The whole event was themed on the show, including a replica of Finn and Jake’s treehouse featuring a DJ stage, cocktails inspired by the characters from the show, food based on dishes featured in the show including bacon pancakes, burritos, candy and there was a live band too.

Created by Pendleton Ward and co-produced by Cartoon Network Studios and Frederator Studios – Adventure Time was the one show that kickstarted, influenced and led the television animation renaissance during the past seven years. Loved by kids and adults, the show soon became Cartoon Network’s hottest property with high viewing ratings and winning several Creative Arts Emmys. The show had a plethora of merchandise ranging from T-shirts to soft toys. Globally, the show had mass appeal due to the show’s storytelling which had a lot of potential, its colourful and cute aesthetic, a large cast of memorable characters, its expansive environment, and its mix of comedy and action. For the show’s production crew it may of ended, but for its audience it hasn’t, Finn and Jake’s adventures will continue with new episodes in 2018, there’s still plenty to do in the Land of Ooo, whether it’s protecting Candy Kingdom or solving the mysteries of Ooo.

https://www.cartoonnetworkstudios.com/work/adventure-time

Cartoon Network At MIPJunior 2017 Schedule

Cartoon Network At MIPJunior 2017 Schedule

Cartoon Network At MIPJunior 2017 Schedule

This weekend (Saturday 14th and Sunday 15th October) is the annual MIPJunior convention at the JW Marriott Hotel in Cannes, France. The convention is an annual gathering of the international children’s media industry and is an opportunity to promote their programming and even to buy and sell broadcasting rights to and from other broadcasters. MIPJunior is a side event of the annual MIPCOM convention (French acronym for Marché International des Programmes de Communication, In English: International Market of Communications Programmes), which focuses on general entertainment and other genres aimed towards adults. MIPJunior is usually a major event for Cartoon Network and its usually the case that new announcements are made during one of the most important conventions in the industry. The event is more focused towards media industry professionals and is more business orientated, so its very different to a pop-culture convention like San Diego Comic-Con or MCM Comic-Con London.

Tomorrow at MIPJunior (14/10/2017), Cartoon Network will be celebrating their 25th anniversary with a special “25 Years Of Drawing On Creativity” event, Rob Sorcher – the Chief Content Officer of Cartoon Network and Michael Ouweleen – the Chief Marketing Officer of Cartoon Network, Adult Swim and Boomerang will be speaking during this special event. followed by a keynote speech by Fred Seibert, the president and CEO of Frederator Networks (co-producer of Adventure Time). Fred Seibert was also president of Hanna-Barbera during Cartoon Network’s formative years.

On Sunday, there will be a fireside chat (informal conversation) about content strategy with the vice president of content acquisitions and co-productions for Cartoon Network USA – Adina Pitt. Lesley Bailey – Vice President of Channel Marketing & Brand Management for Turner EMEA Kids will also be speaking at the convention, along with Patricia Hidalgo – Chief Content & Creative Officer EMEA and International Kids Strategy for Turner and Cartoon Network’s content acquisition team will also be present at MIPJunior.

Cartoon Network MIPJunior 2017 Schedule

Below is a schedule of official Cartoon Network events and other events directly or indirectly relating to the channel or its sister brands.

Saturday 14th October

View From The Top: World Screen Kids Trendsetter Awards

Conference Room – Grand Theatre
10.45am to 11.30am

With Patricia Hidalgo – Chief Content & Creative Officer EMEA and International Kids Strategy for Turner and Michael Carrington – Former Chief Content Officer for Cartoon Network EMEA.

Four programming experts from around the world engage in a lively discussion about acquisitions trends and offer their perspectives on how to spot hit shows and offer content to young viewers multiplatform.

Cartoon Network: 25 Years of Drawing On Creativity

Conference Room 1, Grand Theatre.
11.45am to 12.15pm

With Rob Sorcher – Chief Content Officer of Cartoon Network and Michael Ouweleen – Chief Marketing Officer of Cartoon Network, Adult Swim and Boomerang.

On October 1, 1992, the way we enjoyed cartoons changed forever when Cartoon Network launched as the very first 24-hour network dedicated to animation. Today, that spirit of re-inventing television continues in 192 countries and over 400 million households worldwide where Cartoon Network is making kids laugh with original animated series and all-new engaging content for the mobile-first generation. As the stars align and MIPJunior also marks 25 years, join Cartoon Network at MIPJunior to celebrate its history of innovation as the leading global kids culture brand. Hear from two executives at very helm of Cartoon Network – Chief Content Officer, Rob Sorcher and Chief Marketing Officer, Michael Ouweleen – as they share a unique insight behind some of the best creative moments in the history of the channel.

MIPJunior Keynote Speech: Fred Seibert, President and CEO of Frederator Networks

(Frederator is the co-producer of Cartoon Network’s Adventure Time)

Conference Room 1, Grand Theatre
5pm to 5.30pm

Fred Seibert is the founder of Frederator Networks, the Chief Creative Officer of WOW! Unlimited Media, and a serial media entrepreneur. He was the first creative director of MTV and the last president of Hanna-Barbera Cartoons.

Frederator Networks is Channel Frederator, the leading online cartoon network, Frederator Studios, an independent production company with hits on Cartoon Network and Nickelodeon, Cartoon Hangover, the home of Bravest Warriors and Bee & PuppyCat (the most funded web series Kickstarter in history), and Frederator Books. Frederator distributes hundreds of independently owned, animator operated, YouTube channels.

WOW! Unlimited Media is the merger of Frederator, Rainmaker Entertainment, and Ezrin Hirsh (founded by veteran producer Bob Ezrin and animation pioneer Michael Hirsh).

Thomas and Friends: Big World! Big Adventures! World Premiere Screening Presented By Mattel Creations

(Thomas and Friends currently airs on Cartoonito UK and Cartoonito Italy)

Conference Room 1, Grand Theatre
6pm to 6.50pm

“Thomas & Friends™: Big World! Big Adventures!” (26 episodes x 11mins) sees iconic train engine Thomas traveling farther than ever before, taking kids on a journey of wonder and curiosity as he adventures around the world to experience new countries, learn about other cultures and, of course, make new international friends along the way. The show will have a more modern feel and increased global appeal for preschool viewers.

MIPJunior Opening Party

In Partnership with Mattel’s Thomas and Friends.

(Thomas and Friends currently airs on Cartoonito UK and Cartoonito Italy)

Majestic Hotel
From 7pm

Sunday 15th October

Buyers and Commissioners Matchmaking

9.30am to 10.30am, Matchmaking Room

With Zia Bales – Senior Acquisitions Manager for Turner Kids EMEA and Edward Barnieh – Associate Director, Acquisitions & Co-Productions at Turner.

The industry’s top international buyers and commissioners are coming to Cannes. Don’t miss this exclusive opportunity to pitch your projects, find out what they are looking for and cement new partnerships.

Content Strategy: A Fireside Chat With Adina Pitt, Cartoon Network

Conference Room 2, Renoir
10.15am to 10.45am

In these intimate sessions, key content executives share their programming, acquisition and commissioning strategies over 30 minutes. This quality time allows producers to get a sense of what the market currently needs … and prepare their pitches accordingly.

Preparing Kids For Social Media Teenhood

With Lesley Bailey – Vice President of Channel Marketing & Brand Management for Turner EMEA Kids.

Conference Room – Grand Theatre
11am to 11.45am

Cyberbullying, online harassment, fake news, faker friends—let’s face it. After leaving childhood (and the gentle land of kids programming), new teenagers plunge into a world where social media is king … and not the fairest ruler. This new online universe can become a nightmare for rookies. How can the kids programming industry effectively prepare kids for the challenges of adolescence? Experts share their views.

A full schedule for MIPJunior 2017 can be downloaded via the link below:

http://www.mipjunior.com/RM/RM_Mipjunior/marketing/2017/pdf/mipjunior-2017-at-a-glance.pdf

http://www.mipjunior.com