May 07, 2024 Last Updated 20:46 PM EDT

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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...

From 'Pesta Sahabat' to 'Swish': RTV's Musical Theater Spectacle Returns

Indonesia's beloved children's musical theater series, formerly known ...

LinkedIn Enters The Gaming Industry With New Puzzle Games

LinkedIn has entered the gaming industry to boost user engagement and ...

Latest News

Station 12 raising $250M to back growth rounds of media tech startups in Europe
UK-based growth capital fund Station 12 is raising $250 million (£150 million) for its new fund that will invest in the growth rounds of media tech startups in Europe.
San Francisco-based music apps maker Smule scores $16.6M in new funding
San Francisco, US-based social music apps maker Smule scored $16.6 million in a new funding round led by Roth Capital Partners to develop its products and fuel its expansion into Asia.
Indian startup Edsix uses games to improve children's cognitive skills
Chennai, India-based education startup Edsix Brain Lab wants to make it easy for children to improve their cognitive skills using their carefully researched and designed online and offline games under
American mobile gaming startup Industrial Toys scores $5M in Series A round
Pasadena, US-based tablet mobile and gaming startup Industrial Toys scored $5 million in a Series A funding round from Accel Partners to launch a beta version of new title Midnight Star and add more c
US content and rights manager FilmTrack acquires Jaguar Consulting
Studio City, California-based content and rights management firm FilmTrack acquired Pasadena-based IP rights, royalty, and contract management software provider Jaguar Consulting for an undisclosed am
California real-money gambling platform Gamblit takes home $12M in venture round
Glendale, US-based real-money gambling platform Gamblit Gaming took home $12 million in a venture round from private equity firm American Capital to fuel its platform development and future launches.
Fullscreen adds Texas-based video game media firm ScrewAttack
California, US-based YouTube multi-channel network Fullscreen added Texas-based video game media firm ScrewAttack for an undisclosed amount just a couple of months after it bought mobile-video startup
Oculus acquisition fuel interest in virtual reality startups
The $2 billion acquisition of Oculus VR Inc by social media giant Facebook Inc has turned the interest of investors to virtual reality startups, Bloomberg News reported.
Australian publisher Intermedia adds Beer & Brewer Magazine
Glebe, Australia-based business-to-business (B2B) publishing firm The Intermedia Group added beer and cider consumer publication Beer & Brewer Magazine for an undisclosed sum to beef up its liquor tit
Texas startup Junction Investments lets wealthy individuals invest on Hollywood movies online
Texas, US-based crowdfunding company Junction Investments will begin operating on Wednesday to allow wealthy individuals to invest online in fully-funded Hollywood movies, starting with Tom Hanks' "A

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Victorinox To Make Bladeless Swiss Army Knife—CEO Carl Elsener Explains Why

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Joe Biden Administration Sanctions Colombian Maritime Companies Preying on Vulnerable Migrants Seeking to Enter US

Joe Biden Administration Sanctions Colombian Maritime Companies Preying on Vulnerable Migrants Seeking to Enter US

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Neuralink Co-Founder Implies He Left Elon Musk's Brain Implant Company Over Safety Concerns

Neuralink Co-Founder Implies He Left Elon Musk's Brain Implant Company Over Safety Concerns

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Tennessee Cleaning Company Fined $650,000 for Illegally Hiring Children, Some as Young as 13, to Clean Dangerous Slaughterhouses

Tennessee Cleaning Company Fined $650,000 for Illegally Hiring Children, Some as Young as 13, to Clean Dangerous Slaughterhouses

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EU Greenlights Japan's Nippon Steel's $14.9 Billion Acquisition of US Steel Despite Opposition

EU Greenlights Japan's Nippon Steel's $14.9 Billion Acquisition of US Steel Despite Opposition
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