Otter Media is no longer a joint venture between AT&T and The Chernin Group — AT&T announced today that it has acquired The Chernin Group’s controlling interest in the digital media company.
Otter Media was founded in 2014 and owns Ellation (which in turn owns anime streamer Crunchyroll and subscription video service Vrv) and Fullscreen (which owns Rooster Teeth).
It will now become a part of AT&T’s WarnerMedia unit, which was created with the acquisition of Time Warner. Tony Goncalves, the AT&T executive who became Otter Media’s CEO earlier this year, will continue to run the company.
Source: AT&T is Now the Sole Owner of Otter Media | TechCrunch