Otter Media Holdings, LLC was an American digital media company owned by AT&T. The company was founded in April 2014 by AT&T and The Chernin Group as a holding company of the anime streaming service Crunchyroll, in which the latter invested in 2013. In addition to Crunchyroll, it owned Rooster Teeth and held an ownership stake in Gunpowder & Sky with Floris Bauer.[3] AT&T would later acquire the remaining stake of Otter Media in 2018, which the subsidiary was folded into the WarnerMedia subsidiary, and later divested Crunchyroll to Sony Pictures Television's subsidiary company Funimation Global Group, LLC in 2021.
History
In April 2014, AT&T and the Chernin Group established Otter Media as the 50:50 joint venture to offer OTT services.[4]