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

Singapore-based Viddsee inks content partnership deal with Yahoo
Viddsee, an independent film platform based in Singapore, has forged a content partnership agreement with Yahoo to bring Asian independent films to a wider audience, TechCrunch reported.
Barcelona-based Omnidrone secures $2M from institutional investors
Mobile gaming startup Omnidrone has bagged $2 million in its first institutional funding round. Investors included Nokia Growth Partners, London Venture Partners and Kibo Ventures, a funding statement
GamesAnalytics is now DeltaDNA
In its quest to help game makers improve player engagement, GamesAnalytics has changed its name to DeltaDNA and added a self-serve consulting business to its services, VentureBeat reported.
Machinima's Allen DeBevoise invests in MovieLala
Machinima Chairman, Co-Founder and Chief Executive Officer Allen DeBevoise has made an undisclosed investment amount into MovieLala for the startup's seed financing round, PE HUB reported.
German startup TVSmiles picks up $7M in Series A funding
Berlin, Germany-based startup TVSmiles picked up $7 million in a Series A funding round led by Ventech to expand the reach of its loyalty program for its second-screen app beyond Germany.
Audiam pockets $2M in Series A round to monetize YouTube
New York, US-based YouTube monetization platform Audiam pocketed $2 million in a Series A funding round led by music industry big names Jason Mraz, Jimmy Buffet, Bill Silva, Brett Gurewitz, and Bad Re
New York HTML5 game distributor TreSensa bags $2M in Series A round
New York City, US-based HTML5 game developer and distributor TreSensa bagged $2 million in a Series A funding round led by Caribou Asset Management to continue distributing games for mobile browsers.
Swiss firm Logitech debuts Harmony Smart Keyboard for living room appliances
Lausanne, Switzerland-based tech accessory maker Logitech debuted a wireless keyboard called Harmony Smart Keyboard that can be connected to different living room devices including the Apple TV, Xbox
Sony sells over 6M PS4 units globally since launch four months ago
In what seemed like an indication of the dominance of Sony's PlayStation 4 over Microsoft's XBox One, the video game console of the Japanese company sold 6 million units globally in less than four mon
SoftBank makes equity investment in Thai game operator Ini3
In a deal that marks its second investment in Southeast Asia, SoftBank Ventures Korea poured an undisclosed amount into Bangkok, Thailand-based online game operator Ini3 Digital to acquire a 23% equit
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