Winter is coming for HBO NOW subscriber growth
TechCrunch reports: “Fan reaction to Game of Thrones‘ final season may be mixed, but the show has been undeniably good for HBO’s network — and for its over-the-top streaming service, HBO NOW.”
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PledgeMusic Lost Almost $11 Million In The Last 3 Years
Hypebot reports: “Two copies of a PledgeMusic presentation apparently designed to attract investors show that the crowdfunder lost nearly $11 million dollars between 2016 and 2018, despite generating more than $77 million in revenue during the same period.”
Broadcasting Upfronts 2019: What We Heard And What We Still Need To Hear
Forbes reports: “Factions of the media and advertising world have been presaging the end of the television advertising upfronts for decades. It hasn’t happened and it isn’t happening soon – it’s a market that still works for buyers and sellers. But what about the fancy schmancy upfront presentations?”
Spotify’s new library design emphasizes podcast discovery
The Verge reports: “Spotify is beginning to roll out a new design for its mobile app that puts a much larger emphasis on podcasts. The redesign, which the company is rolling out to a limited number of users and was first reported last week by Bloomberg, is proof that Spotify is all-in on podcasts.”
Globo, Sony Pictures TV Seal Milestone English-Language Series Alliance
Variety reports: “Brazil’s Grupo Globo and Sony Pictures Television have closed a milestone multi-title production-distribution alliance to co-develop and co-produce two English-language scripted dramas, with a third project forthcoming, all aimed squarely at global markets.”
Riot Won’t Drop Arbitration Clause Immediately, Despite Walkout
Variety reports: “Riot Games, makers of “League of Legends,” said Thursday it won’t be changing its use of mandatory arbitration in cases of sexual harassment and sexual discrimination until after its ongoing litigation wraps up, rejecting the demands made by workers who walked out from three locations over the issue last week.”
TikTok tops the iOS App Store for the fifth quarter in a row
TechCrunch reports: “Despite a $5.7 million FTC fine and changes to restrict its use by under 13-year-olds, TikTok retained its No. 1 position as the most downloaded app on the Apple App Store for the fifth consecutive quarter, according to a new report from Sensor Tower.”
TodayTix Receives $73 Million Investment Led By Great Hill Partners
Forbes reports: “A ticketing firm that got its start offering a modern alternative to the antiquated way Broadway theatergoers bought their discounted tickets (standing in line outside a booth in Times Square) has received a $73 million equity investment led by Great Hill Partners.”
Hip Hop & ESports: The New Intersection Of Tech & Culture
Forbes reports: “As the esports industry rises in value, hip hop artists and entrepreneurs are seeing the big investment opportunities the sector provides. Esports is believed to be the next wave of competitive entertainment and everyone is taking notice, since its expected to surpass $1 billion in revenue in 2019.”
Oculus Quest will have 1 million YouTube VR videos at May 21 launch
VentureBeat reports: “If you’re planning to buy an Oculus Quest, and wondering whether there will be sufficient content to keep you entertained on its May 21 launch day, good news: YouTube VR will be available as a Quest launch app, which means that over a million public VR videos and experiences will be available through Google’s service alone.”
