Games/Entertainment

Weinstein brothers, Miramax to co-produce films and TV shows

The Weinstein Company and Miramax Films said in a joint statement that they have entered a multi-year deal to co-produce films, TV shows and live stage shows to be released in the United States and internationally.

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TV startup Viggle picks up Seattle's Wetpaint for $30M

New York-based startup Viggle announced its purchase of entertainment news website and social platform Wetpaint for $30 million in a bid to bulk up its social TV business.

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Entitle to use Netflix model with e-book service after receiving $5.3M in funding

Entitle announced today its launch of its ebook subscription service with a subscription pricing model based on Netflix's business and its successful $5.3 million Series A funding round this year.

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ECB explains 10 euro note in Tetris-like online game

In the European Central Bank's launch of a new 10 euro note, the Euro Zone's central bank launched an online competition wherein top-scoring players get the chance to win exclusive prizes for playing a Tetris-like game that unlocks information about the new note's security features.

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Endemol leads $14 M round to back UK startup Plumbee

Endemol, the TV production house who was made famous for its game shows like Deal Or No Deal and Fear Factor, was said to have made a $13 million strategic bet in UK-based social casino startup Plumbee.

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Twin River buys Hard Rock in Biloxi for $250M

Rhode Island-based Twin River Worldwide Holdings Inc reportedly purchased the Hard Rock Hotel and Casino in Biloxi, Mississippi for $250 million in a bid to expand its gaming operations.

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No Friday winner for Mega Millions, jackpot rises over $550M

Last-minute bettors on Friday were said to have driven the amount of jackpot money for Mega Millions from an estimated $425 million to over an estimated $550 million, according to lottery officials on Saturday.

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Grand Cinemas appoints CEO, unveils expansion phase

Parent company Gulf Film welcomed Debbie Stanford Kristiansen as new chief of its subsidiary, cinema chain for UAE Grand Cinemas as it prepares to implement plans for its next phase of expansion.

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Verizon nears deal to buy Intel's Internet-based pay-TV service

Intel Corp., the world's largest chipmaker, has put up for sale its Internet-based pay-TV startup OnCue. Telecom company Verizon Communications Inc. is said to be nearing a deal to acquire OnCue.

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Restaurant and arcade chain Dave & Buster's mulls over sale or IPO

Dallas-based restaurant and arcade operator Dave & Buster's is looking to exit from the company through a sale or an initial public offering. Dave & Buster's is controlled by private equity firm Oak Hill Capital Partners.

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William Morris likely to be frontrunner for American sports agency IMG acquisition -NYT

Bidders William Morris Endeavor, ICM Partners and a consortium led by former News Corporation executive Peter Chernin are expected to submit their takeover offers for IMG Worldwide on Friday. New York Times said that William Morris will likely emerge as top bidder for the sports agency.

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Processor design firm ARM acquires Need for Speed graphics and lighting tech provider Geomerics

Cambridge, England-based ARM's acquisition of graphics and lighting tech for games maker Geomerics was strategic, as the former intends to extend its reach in visual computing.

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Blackhawk Network agrees on partnership with Opengate Technologies to bring iTunes Gift Cards to South Africa

California-based Blackhawk Network Inc will be entering the prepaid market in Africa through a partnership with South Africa-based Opengate Technologies to distribute iTune Gift Cards to the country.

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EchoStar ends talks with GVT on Brazilian TV joint venture

US-based EchoStar Corp. said it had ended talks with Vivendi SA's subsidiary Global Village Telecom on a proposed partnership in Brazil. The joint venture aims to provide pay TV services in the Latin American country.

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California's Oculus VR raises $75M to launch virtual reality goggles

Irvine, California-based firm Oculus VR has raised $75 million in a funding round led by venture capital firm Andreessen Horowitz to launch a consumer version of the tech firm's virtual reality goggles.

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