Crunchyroll CEO Resigns in Favor of Funimation Veteran
Crunchyroll and Funimation have been titans of the anime industry for decades, and their recent merger now impacts their top leadership. After being integrated under Sony, a new report has confirmed that Crunchyroll’s CEO is stepping down. Colin Decker makes way for a new direction in the joint venture as one of Funimation’s veterans prepares to take his place.
The information was shared today with Sony Pictures employees courtesy of Keith Le Goy. Decker is described as someone who “advocated and played a key role” in Crunchyroll’s acquisition last year.
For those unfamiliar with the situation, Crunchyroll was previously operated by AT&T before being sold to Sony last year for $1.175 billion. The properties are now integrated with Crunchyroll, which is becoming the face of anime streaming globally. Over the past month or so, much of Funimation’s anime catalog has moved to Crunchyroll for streaming, and future integration plans are still on the table.
As for Purini, the new president shared his enthusiasm with employees for ushering Crunchyroll into a new era. “It is an honor and a privilege for me to take on this new role and drive the next chapter of Crunchyroll forward,” Purini shared in a new statement. “Having spent the past seven years involved in nearly every facet of the business and seeing how far we’ve come, the opportunity before us is brilliant and I can’t wait to see what we do together next.”
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This new management change promises to take Crunchyroll to new heights, and the anime industry is watching the company closely. With the acquisition merging the service with Funimation, Sony Pictures Entertainment has massive global reach with anime audiences. Last fall, Crunchyroll reached a major milestone by amassing five million paid subscribers and 120 million total site users. No doubt the number will increase under Sony’s leadership, but as the anime industry becomes more lucrative, competition will inevitably arise. Crunchyroll has experienced this before with HIDIVE, an AMC-operated streaming competitor. The service recently became the exclusive home of Sentai Filmworks projects following their release from Crunchyroll earlier this year.
What do you think of this latest Crunchyroll-Funimation change? Share your thoughts with us in the comments section below or hit me up on Twitter @MeganPetersCB.