Games/Entertainment

German startup Wywy bags USD7 million in Series B funding for expansion

Germany-based second screen TV startup Wywy announced that it has secured USD7 million in Series B funding for its expansion to Europe and the United States.

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Nine Entertainment to raise AUD643 million in Australia's second-biggest IPO this year

Nine Entertainment Co., Australia's second-largest media company, seeks to raise AUD643 million (USD582 million) in its initial public offering. If successful, the deal could give Nine a market capitalization of AUD1.93 billion.

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Spotify confirms USD500 million royalty payout this year following USD250 recent funding round

Spotify, a popular music-streaming service, confirmed its receipt of a USD250 million investment in a recent funding and also said it paid around USD500 million in royalties to artists this year.

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Italy, US are growth prospects for online gambling firm Betfair

Betfair, a UK-based online gambling firm, said it is setting its sights on Italy and the US after retreating from other markets due to tax rates and unfavorable regulations.

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South Korean entertainment firm Wellmade StarM buys DreamT Entertainment

Seoul-based entertainment agency Wellmade StartM acquired DreamT Entertainment for KRW1.1 billion (USD1.04 million), following a growing trend of mergers and acquisition in the entertainment industry.

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State-backed Cool Japan Fund to invest in TV channels and retail properties offshore

Cool Japan Fund is looking to invest in TV channels and retail properties in the US and Southeast Asia to promote the country's culture. Cool Japan is backed by the government as well as Japanese companies and is led by a former Carlyle Group executive.

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German mobile developer Fishlabs acquired by Koch Media

Hamburg-based mobile developing firm Fishlabs has been bought by publisher Koch Media, and its co-founders Michael Schade and Christian Lohr are set to leave the firm.

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AMC Entertainment Holdings says it will raise USD 368 million in IPO

US movie company AMC Entertainment Holdings Inc said it will seek to raise USD 368 million in its initial public offering. AMC is owned by the Dalian Wanda Group controlled led by Wang Jianlin, the richest man in China.

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The Chernin Group acquires majority stake in anime video service Crunchyroll

Los Angeles-based media platform company The Chernin Group (TCG) acquired a majority stake in anime video distribution firm Crunchyroll, giving Peter Chernin's company one of the world's largest streaming websites.

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Cinema chain AMC Entertainment plans to raise up to $368 mln from IPO

U.S. cinema chain AMC Entertainment Holdings Inc plans to raise as much as $368 million from an initial public offering of 18.4 million Class A shares.

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Akamai to takeover cloud-based security provider Prolexic for USD370 million

US-based Akamai Technologies on Monday announced that it will acquire the world's largest and most trusted cyber security provider Prolexic Technologies for USD370 million. The deal is expected to close in spring of next year.

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Black Friday warriors share their best attack plans

When Aimee Brittain's team hits the stores in a commando-like fashion on Thanksgiving night in search of Black Friday deals, they'll stand out from the crowd in their matching "very bright blue" shirts. They'll scatter when they hit the store, and the shirts will help them see each other quickly.

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Singapore government acquires stake in Bollywood distributor

Fullerton, an investment fund run by Singaporean sovereign wealth fund Temasek Holdings, has acquired 5 million shares in Bollywood film distributor Eros International at USD11 apiece.

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Sony PlayStation 4 tops Black Friday wish lists

A new survey by Nielsen said 33% of active gamers intend to buy Sony's PlayStation 4, while 22% of those surveyed said that they will buy Microsoft's Xbox One. PS4 was released two weeks ago, while Xbox hit the stores last week.

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TAKE TWO INTERACTIVE TO BUY 12.02 MLN OF ITS SHARES OWNED BY ICAHN GROUP

Take-Two Interactive Software, Inc. entered into a Purchase Agreement with Icahn Group.

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