Deeper Dive—AT&T has extra SVOD gems in Crunchyroll and VRV

AT&T is not wanting for successful streaming video services.Before the $85 billion Time Warner acquisition, the company already had one of the fastest-growing virtual MVPDs in DirecTV Now. After the deal, AT&T has HBO Now, the upcoming B/R Live and DC Universe, FilmStruck, Boomerang, DramaFever and WatchTV.But now, after taking full ownership of Otter Media, AT&T has another valuable set of streaming video properties in Ellation and its platforms Crunchyroll and VRV.Crunchyroll, an SVOD focused on Anime, has more than 40 million registered users and more than 1 million subscribers. VRV, an SVOD aggregator that curates content from channels like Funimation and Rooster Teeth, has more than 3 million registered users and more than 1 million monthly active users.This week, Ellation announced a new original content initiative for both Crunchyroll and VRV, complete with two new production facilities in Tokyo and Burbank, California, with about 75 people working across both facilities.