AMC Networks Leads Adaptive Studios $16.5 Million Funding Round

Variety reports: "Adaptive Studios, an upstart studios that has focused on short-form content for digital platforms, has closed a $16.5 million Series B round...

Live Nation, Others, Join Los Angeles Mayor’s Fund To Promote Diversity In Entertainment

Hypebot reports: "Live Nation, along with other major entertainment companies including CAA, UTA, WME, and others to have signed on to the Los Angeles...

Kakao Games secures $131m from five investors

Gamesindustry.biz reports: "Chinese internet giant Tencent is one of five companies to have invested a collective 140 billion won ($131.6 million) in South Korean...

HTC raises Viveport subscription to $9 per month and adds more VR titles

Venture Beat reports: "HTC, maker of the Vive virtual reality headset for the PC, is raising the price for its subscriptions to the VR apps and...

Twitter will live stream local broadcasts during breaking news events

The Verge reports: "Twitter is often at its best during breaking news events when it becomes the quickest place to find updates on what’s...

Pandora Premium comes to the web

Tech Crunch reports: "Pandora is plugging a hole in its paid subscription service with today’s launch of Pandora Premium on the web. While free...

Sports-Media Startup Overtime Raises $9.5 Million From Kevin Durant, Andreessen Horowitz

Variety reports: "Overtime, a digital-media startup with dreams of becoming an ESPN-size brand for high-school sports, has raised a $9.5 million Series A funding...

Facebook’s controversial Messenger Kids app is coming to Android today

The Verge reports: "Facebook is bringing its Messenger Kids chat app to Android today after first rolling it out on iOS in December. Messenger Kids...

YouTube TV Adds Turner Channels, Raises Price

The Hollywood Reporter reports: "YouTube is raising the price of its live television service as it adds new channels to its skinny bundle. The...

Ryan Murphy Inks Mammoth Overall Deal With Netflix

Variety reports: "In another shock to the traditional TV ecosystem, prolific producer Ryan Murphy is moving to Netflix under a record-setting deal valued at $250 million-$300 million. The...
Tencent to buy majority stake in Supercell Games

Supercell 2017 results: $810 million in profit, $2 billion in revenue — without a...

Venture Beat reports: "Supercell announced that it earned a profit of $810 million on revenues of $2.029 billion in 2017. That’s an enviable financial accomplishment...

Magic Leap promises live-streamed holograms within five years

The Verge reports: "Yesterday, Magic Leap CEO Rony Abovitz and NBA commissioner Adam Silver announced plans to eventually bring Turner-owned NBA content to Magic Leap’s...

Vimeo launches tools for simultaneous uploading or livestreaming to Facebook, YouTube, Twitch and others

Tech Crunch reports: "Video platform Vimeo is today rolling out new features designed to simplify video distribution across social networks, including one tool that allows live...

Starz and Altice USA Set Carriage Deal, Ending Six-Week Blackout

Variety reports: "After a six-week standoff, Starz and Altice USA have come to terms on a new carriage agreement. The 16 Starz-Encore channels went dark on Altice USA systems on Jan....

Warriors of Waterdeep is Dungeons & Dragons’ return to mobile gaming

Venture Beat reports: "Dungeons & Dragons is coming back to mobile thanks to a new partnership between Wizards of the Coast and Ludia. The two...

Amazon cuts hundreds of jobs from its Seattle HQ due to ‘overstaffing’

The Verge reports: "Amazon is cutting several hundred corporate employees from its Seattle headquarters and global operations, reports The Seattle Times. The cuts are mostly from...

YouTube Red To Add 100 Countries, 10,000 Content Police

Hypebot reports: "Wojcicki announced that YouTube would be expanding its YouTube Red paid subscription service “to many more countries” in the coming months. Sources put...

Sliver.tv raises $20 million in ICO presale to improve esports streaming

Venture Beat reports: "Sliver.tv has raised $20 million in a public initial coin offering (ICO) for a cryptocurrency that is aimed at improving the bandwidth...

Apple Music expands student discount to 82 more countries

The Verge reports: "Apple is expanding its Apple Music student discount pricing to 82 new regions by the end of the month, including Israel,...

Google Launches ‘Visually Rich’ AMP Stories in Search, Akin to Snapchat Stories

Variety reports: "Google has officially launched AMP Stories in its search engine, aiming to let media companies deliver more visually exciting content to mobile devices....