San Francisco/Tokyo – TV Tokyo Corporation and Crunchyroll, Inc. announced the expansion of their content alliance and partnership with the February 2010 conclusion of a $750,000 strategic investment by TV Tokyo into Crunchyroll. TV Tokyo will continue to provide Crunchyroll with content licenses for Japanese entertainment, including hits like Naruto Shippūden, Tegami Bachi: Letter Bee, and many others, and Crunchyroll will continue to offer premium access to TV Tokyo content under its subscription plan one hour after its broadcast on TV Tokyo, and free access to TV Tokyo content one week after its broadcast on TV Tokyo. In addition, both TV Tokyo and Crunchyroll will continue to explore new business areas and work on mutually beneficial ways of developing TV Tokyo’s rights business to a global audience. There will be no change to Crunchyroll’s corporate structure, strategic management or operations as a result of this strategic investment, but TV Tokyo will have shareholder rights as are customary to typical minority shareholders. Full terms of the investment agreement were not disclosed. The February 2010 strategic investment from TV Tokyo is the first half of a Japanese strategic investment initiative, with negotiations currently underway with an undisclosed group of major Japanese book publishers for the second half.