Games/Entertainment

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.


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...


Latest News

US-based gameplay-recording startup Kamcord raises $7.1M to conquer Asia
New York, US-based mobile gameplay-recording startup Kamcord raised $7.1 million in a Series A funding round led by TransLink Capital to conquer the giant gaming markets of Japan, China, and South Kor
Brazilian startup Netshow.me closes seed round to offer online concert service for artists
Sao Paulo, Brazil-based curated web platform Netshow.me closed an undisclosed amount in its seed funding round from Buscape co-founder Rodrigo Borges to offer online concert service for artists and mu
Warner Bros picks up minority stake in California broadband TV startup TV4 Entertainment
American film and music producer Warner Bros picked up a minority stake in Santa Monica, California-based broadband television startup TV4 Entertainment for an undisclosed amount to maintain its stand
Live Nation Entertainment becomes full owner of Live Nation Japan with minority stake buy
Beverly Hills, US-based live entertainment and e-commerce firm Live Nation Entertainment picked up a minority stake in Live Nation Japan for an undisclosed amount to become the latter's full owner.
Tencent Holdings to launch Chinese version of Candy Crush Saga
Tencent Holdings would launch the Chinese version of Candy Crush Saga through a partnership with King Digital Entertainment.
Unity adds San Francisco predictive analytics startup Playnomics to enter game services arena
US-based game developers' platform Unity Technologies added San Francisco, California-based predictive analytics startup Playnomics for an undisclosed amount to step out of game engine into the game s
Capcom pours $78M into construction of two new R&D facilities in Japan
Osaka, Japan-based video game developer and publisher Capcom Co Ltd poured $78 million into the construction of two new research and development (R&D) facilities near its headquarters in a bid to gain
British social TV app Zeebox rebrands itself as Beamly
In a bid to expand its user base and retain loyalty, London, UK-based social TV app Zeebox rebranded itself as a new app called Beamly which now has enhanced social functionality and content discovery
Amazon.com acquires New York digital comics distributor ComiXology
Seattle, US-based e-commerce giant Amazon.com acquired New York-based digital comic book distributor ComiXology for an undisclosed amount with plans to expand the newly acquired company.
German startup Toywheel uses augmented reality to create interactive toys for children
Berlin, Germany-based digital toy maker Toywheel has launched its first app which integrates the physical world with the digital world to create an interactive playground for children.
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