Universal Music Group Reports Nearly 6% Q1 Revenue Growth After a New Deal With TikTok
The generated revenue of Universal Music Group rose nearly 6% during the first quarter of 2024.
Games/Entertainment
GameStop’s Stocks Drop by 26% After This Week’s Mass Stock Market Move
GameStop plummeted 26% on the stock market on May 17 after a week-long attempt to sell up to 45 million shares.
Take-Two Announces GTA 6 Release Date, Stays Mum on KSP 2 in Latest Earnings Call
Take-Two Interactive has announced that Grand Theft Auto 6 would be released by late 2025 in its latest earnings call, but denied reports about further Kerbal Space Program 2 upgrades and developments..
Las Vegas’ Renowned Mirage Hotel-Casino Is Closing, Transforming Into Luxury Hard Rock Hotel
The Las Vegas Strip's Mirage hotel-casino will close in July to become a luxury Hard Rock hotel...
Netflix Boasts 40 Million Users Subscribed to Ad-Supported Tier, Reveals Plans to Develop In-House Ad Tech Platform
Netflix reports 40 million monthly users of its ad-supported service, with the ads chief stating that the firm is creating its own platform for ad solutions...
Sony Appoints Hermen Hulst and Hideaki Nishino as New PlayStation CEOs
Sony named Hermen Hulst and Hideaki Nishino PlayStation division CEOs ...
Microsoft to Roll Out Its Mobile Game Store in July to Compete With Apple and Google
Microsoft has announced that it will launch its own mobile game store ...
Latest News
Sony, Apollo Bid $26 Billion in Cash for Paramount Global Amid Company's Potential Skydance Merger
Sony and Apollo bid $26B in cash for Paramount Global amid potential Skydance merger. Competing with Skydance, the deal may reshape the entertainment industry landscape.
Taylor Swift, Drake, and Other UMG Artists Return to TikTok Following New Agreement on Licensing and AI
Universal Music Group (UMG) and TikTok have resolved their recent dispute through a new licensing agreement.
BTS Agency HYBE Posts Lower-Than-Expected Q1 Profit, Blames Artist Hiatus and Rookie Group Expenses
K-pop agency HYBE reported on Thursday a disappointing lower-than-expected profit for the first quarter of 2024.
From 'Pesta Sahabat' to 'Swish': RTV's Musical Theater Spectacle Returns
Indonesia's beloved children's musical theater series, formerly known as "Pesta Sahabat," is set to make a grand comeback under a new moniker: "Swish." RTV, the broadcasting network behind the iconic
LinkedIn Enters The Gaming Industry With New Puzzle Games
LinkedIn has entered the gaming industry to boost user engagement and retention by launching three puzzle games—Pinpoint, Queens, and Crossclimb—available on desktop and mobile platforms.
NBCUniversal's NBA Bid Sends Warner Bros. Discovery Shares Plummeting to Record Low
Warner Bros. Discovery shares plummet 10% as NBCUniversal bids $2.5 billion for NBA broadcast rights.
Austrian Modernist Gustav Klimt's 'Lost' Portrait Sells for €30M in Vienna Auction
A lost masterpiece by Austrian artist Gustav Klimt, titled "Portrait of Fräulein Lieser," recently sold for a remarkable €30 million ($32 million) at auction in Vienna.
KPOP Giant HYBE Initiates Audit Following CEO's Undisclosed Stake in NewJeans Label ADOR
Korean entertainment powerhouse HYBE launches an audit into subsidiary label ADOR, following CEO Min Hee-jin's 18% ownership disclosure.
Disney Tech Exec Aaron LaBerge Steps Down for Personal Reasons
Aaron LaBerge, the chief technology officer for Disney Entertainment and ESPN, is stepping down from his role at the company.
