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 launches program to fund startups expanding into Indonesia
The Singaporean government launched iSTART, a financing program designed to fund the expansion of local telecommunication and mobile app startups into Indonesia, which could potentially be an avenue f
California tech firm Tango crowdfunds smartphone-sized portable PC
California, US-based tech firm Tango launched a crowdfunding project on Indiegogo for its new portable computer, which is just the size of a smartphone and the capacity of a full quad-core Windows PC.
Vietnamese mobile game Flappy Bird hits top spot on app stores
Flappy Bird, a mobile game created by Hanoi-Vietnam-based developer Dong Nguyen of dotGears Studios, hit the top spot of free mobile apps in the Google Play and iOS app stores, mainly because it is ve
California-based startup YouBetMe launches app that helps keep track of casual bets
San Francisco, California-bases mobile betting startup YouBetMe is launching an app that helps keep track of casual bets, and is planning to raise Series A funding in the near future.
TiVo to add North Carolina pay-TV service Digitalsmiths
San Jose, California-based digital video recording (DVR) company TiVo announced that it will add Durham, North Carolina-based cloud-based content discovery service Digitalsmiths for an undisclosed amo
US social games maker Zynga lays off 314 employees
San Francisco, California-based social games services provider Zynga Inc is laying off around 314 employees, or 15% of its workforce, as part of a cost reduction strategy to generate between $33 milli
Blockbuster continues to remain an upscale chain in Mexico with $31M sale- report
The $31 million deal between Dish Network Corp and Grupo Elektra for the sale of Blockbuster Mexico allows the video rental service to continue to live on as an upscale chain in Mexico, Bloomberg repo
Nintendo Co to consider new businesses after consumers snub Wii U console
After consumers gave its Wii U console the brush off, Nintendo Co is considering other businesses such as its healthcare-related entertainment business while not losing its focus on hardware and softw
New York's Viggle snaps up rival social TV startup Dijit Media
New York, US-based social TV startup Viggle snapped up San Francisco, California-based rival Dijit Media for an undisclosed sum to acquire and incorporate the latter's NextGuide and reminder button fe
Google partners with LEGO to create online brick-building playground
Google is partnering with LEGO to build an virtual brick-building playground which can be accessed through a computer, smartphone, or tablet, using the new Build with Chrome application.
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