Crunchyroll
In short
An American subscription video streaming service owned by Sony Group Corporation that specialises in Japanese anime and East Asian media.
In plain words
It is a website and app where you pay a monthly fee to watch cartoons from Japan. It offers thousands of shows, films, and dramas in many different languages.
A simple example
A fan uses a Crunchyroll subscription to watch the latest episode of a popular anime series shortly after it airs in Japan.
Why it matters
It is one of the largest global platforms for anime fans to access legal and high-quality content. It helps bring Japanese animation to a massive international audience.
Easy to mix up
Do not confuse it with Netflix, which has anime but is not dedicated solely to East Asian media.