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.
Games/Entertainment
GameStop’s Stocks Drop by 26% After This Week’s Mass Stock Market Move
GameStop plummeted 26% on the stock market on May 17 after a week-long attempt to sell up to 45 million shares.
Take-Two Announces GTA 6 Release Date, Stays Mum on KSP 2 in Latest Earnings Call
Take-Two Interactive has announced that Grand Theft Auto 6 would be released by late 2025 in its latest earnings call, but denied reports about further Kerbal Space Program 2 upgrades and developments..
Las Vegas’ Renowned Mirage Hotel-Casino Is Closing, Transforming Into Luxury Hard Rock Hotel
The Las Vegas Strip's Mirage hotel-casino will close in July to become a luxury Hard Rock hotel...
Netflix Boasts 40 Million Users Subscribed to Ad-Supported Tier, Reveals Plans to Develop In-House Ad Tech Platform
Netflix reports 40 million monthly users of its ad-supported service, with the ads chief stating that the firm is creating its own platform for ad solutions...
Sony Appoints Hermen Hulst and Hideaki Nishino as New PlayStation CEOs
Sony named Hermen Hulst and Hideaki Nishino PlayStation division CEOs ...
Microsoft to Roll Out Its Mobile Game Store in July to Compete With Apple and Google
Microsoft has announced that it will launch its own mobile game store ...
Latest News
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.
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
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 Plumbe
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.
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 o
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.
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.
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 H
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
