Monday, September 2, 2013

Viki Acquired by Rakuten Internet Services

The Japanese Internet services company Rakuten has announced that it has acquired the global streaming platform Viki. Rakuten did not disclose the terms of the deal; however the All Things D website cited anonymous sources that Viki was acquired for US$200 million.

Viki launched in December 2010, and it uses crowd-sourcing from its community users to create subtitles for its video content in different languages. Viki began streaming anime in 2012, and the anime streams that the site has provided have included Ozma, Black Jack, Astro Boy, and The New Adventures of Kimba the White Lion. Viki also collaborated with Right Stuf International to license The Rose of Versailles television anime series.

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