British gaming firm King prices shares at $22.50 for US IPO
London, UK-based gaming firm King priced its shares at $22.50 for its initial public offering (IPO) in New York, US, which values that company at over $7 billion.
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
Facebook acquires Oculus VR in $2B deal
Social media giant Facebook acquired California, US-based virtual reality headset maker Oculus VR in a deal valued at $2 billion to help the startup expand beyond non-gaming applications of its techno
Walt Disney Company purchases Maker Studios for $500M
California-based YouTube online video content network Maker Studios has been acquired by The Walt Disney Studios in a deal valued at $500 million, TechCrunch reported.
AOL premium video syndication platform launches in UK
In its first foray outside of North America for its premium video syndication platform, New York, US-based multinational mass media firm AOL Inc launched the AOL On Nework in the UK.
Philadelphia matchmaking startup Mixter turns blind dates into social gatherings
Philadelphia, US-based matchmaking startup Mixter helps make blind dates for undergraduate and graduate students easier and more comfortable by turning it into a social gathering for two groups.
Warren Buffet wins $1B bet on Quicken Loans Inc NCAA contest
Warren Buffet emerged as the winner on the bet he made on a Quicken Loans Inc contest that no individual would be able to correctly predict the winner of each game in the NCAA men's basketball tourney
US payments firm Oink creates a way for parents to control kids' in-app purchases
Hermosa Beach, US-based payments firm Oink found a way to let parents monitor and control their kids' in-app purchases by linking a credit card to their accounts and letting them set a purchase limit
One World Doll Project secures $500K from unnamed private equity firm based in New Mexico
The One World Doll Project, a subsidiary of One World Holdings Inc, secured a capital infusion of $500,000 from a New Mexico-based private equity investor, a statement about the funding said.
American LEGO rental startup Pley closes $6.75M in Series A round
San Jose, California-based LEGO rental startup Pley closed $6.75 million in its Series A funding round led by Allegro Venture Partners to fuel its product, workforce, and international expansion effor
Irish energy investor Tom O'Gorman buys Blarney Golf Resort for €2.5M
Northern Ireland-based energy investor Tom O'Gorman bought the Blarney Golf Resort in Co Cork for €2.5 million (£2 million) and confirmed that the company will continue operate as usual.
