In the wake of the former ADV's claims that fansubbing is killing the Anime business, AnimeUKnews.com brings us this news item:


In news that essentially flys against everything that the US (and by extension, the UK) anime industry has been fighting against for several years now, the video-streaming site Crunchyroll (much like YouTube, but primarily aimed at streaming anime and Asian TV\film), well-known for its unauthorised streaming of illegal anime fansubs, has secured $4.05 million (roughly £2 million) investment from a company called Venrock.

In the past, Crunchyroll has always removed offending media when requested by copyright holders, like Funimation and Bandai, both of whom have since revealed their collective concerns that if sites like Crunchyroll are allowed to continue to stream free anime (let alone gain such massive investment) the impact on the US anime industry can only be negative.