CrunchyRoll Faces $4.05 M in VC; Also Faces Copyright Issues

 By 
Mark 'Rizzn' Hopkins
 on 
CrunchyRoll Faces $4.05 M in VC; Also Faces Copyright Issues
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Allen Stern pointed out a new video sharing site I'd not yet heard of (and I figured I'd heard of just about every single one of them) - CrunchyRoll. It's an interesting story, too. The company has fallen on hard times lately, and still in the midst of it managed to land a $4.05 million Series A venture round today.

Dubbed the Asian YouTube, the site seems to have content focused primarily around otaku-fare, but also a strong contingent of music-centric content.

The problems for CrunchyRoll come in the form of copyright, an issue facing almost every embedded video provider. The stickier parts of this come in when you consider that most of the copyrighted materials are anime, and as we've discussed in the past here at Mashable, the anime industry isn't quite sure whether to embrace or sue to hell and back the anime pirate community. Certainly, it is in their best interests to let certain parts of the anime pirate community flourish a bit, since that is what has driven it's initial success in the Americas. On the other hand, having no piece of the pie can't be good for the future of their business.

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