Sensor Tower receives $45m investment
Gamesindustry.biz reports: “Market intelligence firm Sensor Town has received a $45 million investment to accelerate growth and drive innovation.”
SoundCloud Launches Twitch Channel For Panels, Music Shows & More
Billboard reports: “SoundCloud is launching its own channel on livestreaming platform Twitch, with a slate of original programming that includes panel conversations, music sets and more.”
Global Recorded-Music Revenues Topped $20 Billion in 2019, but Streaming Growth Is Slowing
Variety reports: “With the devastating impact of the coronavirus pandemic on the global economy, any look back at 2019 financial performance feels like an exercise in nostalgia, but the data released by the International Federation of the Phonographic Industry on Monday shows that the streaming boom’s impact on recorded-music revenues was already starting to level off.”
Businesses are hinting at 5G rollout delays
The Verge reports: “Mobile carriers, network suppliers, and analysts are warning that the rollout of 5G networks could be delayed as a result of the COVID-19 pandemic. The warnings came as businesses reported their quarterly earnings, in which they outlined what effect the ongoing crisis could have on their bottom lines.”
Google and Facebook: Digital ad market is avoiding coronavirus disaster
VentureBeat reports: “Reports of the demise of the digital advertising market due to the coronavirus outbreak appear exaggerated as the tech giants dominating the online ads business, Google and Facebook, said this week they saw early signs that the worst could be over.”
Roblox initiative could raise $3m for COVID-19 relief
Gamesindustry.biz reports: “Roblox has launched a new initiative that could raise as much as $3 million for COVID-19 relief. The foundation of the effort is a series of in-game items, which will be sold to raise money for COVID-19 relief efforts at No Kid Hungry, UNICEF USA, and Code.org.”
Warner Music Strikes Distribution Deal With Mattel for 1,000 Songs From Barbie, Thomas & Friends, More
Variety reports: “Mattel has entered into an exclusive, multi-year global music licensing agreement with Warner Music Group’s Arts Music division as the sole distributor of Mattel’s current catalog of more than 1,000 songs from iconic toy brands including Barbie, Thomas & Friends, Hot Wheels, American Girl and Fisher-Price.”
Charter CEO Speaks Out for Pay TV Subscriber Rebates for Canceled Sports Events
The Hollywood Reporter reports: “Cable operator Charter Communications, in which John Malone’s Liberty Broadband owns a big stake, would love to see financial relief for its subscribers for sports events that have been canceled amid the novel coronavirus pandemic.”
Quibi’s email verification process reportedly sent data to multiple ad firms
The Verge reports: “The process Quibi used to verify new users’ email addresses sent them to multiple third-party advertising and analytics companies including Google, Facebook, and Twitter, a new report has claimed.”
HTC launches Vive Sync app to let remote teams collaborate in VR
VentureBeat reports: “HTC has launched a virtual reality (VR) collaboration and meeting app to capitalize on the rapid shift to remote working brought about by COVID-19. Vive Sync, as the new app is called, debuted back in 2018, and the Taiwanese tech company has been piloting the service with a number of clients since then.”
