In blatant recognition by Japanese anime industry, Crunchy Roll, premier streaming site of Asian media notably anime which used to be illegal appointed to the industry body that organizes Tokyo Anime Fair annually. Used to be hated black sheep by Japanese anime industry, now it is welcomed with open arms ever since Crunchy Roll goes legit. It is also first non Japanese entity to join Assn. of Japanese Animations the organization that supervises the premier fair for anime industry.
Considering it was first formed in 2006, it has been a meteoric rise for San Francisco company, underscoring the emerging technology where people is getting more comfortable streaming anime instead of downloading them. Essentially, it might seen as Third Wave movement as coined by famous American futurist, Alvin Toffler.
Source
Earlier entry
Japanese editorial on Crunchy Roll
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