LATEST ARTICLES

Inflection Lands $1.3B Investment To Build More ‘Personal’ AI

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Tech Crunch reports: “There’s still plenty of cash to go around in the generative AI space, apparently. As first reported by Forbes, Inflection AI, an AI startup aiming to create “personal AI for everyone,” has closed a $1.3 billion funding round led by Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt and new investor Nvidia. A source familiar with the matter tells TechCrunch the tranche, which brings the company’s total raised to $1.525 billion, values Inflection at $4 billion.”

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As Sports Ad Market Stays Hot, Warner Bros. Discovery Bets Big On ‘The Match’

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The Hollywood Reporter reports: “The weather in Las Vegas on Thursday is scorching, with a high of 102 degrees. It’s the type of weather that would keep most people inside. But at the Wynn Las Vegas, Warner Bros. Discovery Sports will be live on the golf course for the latest edition of The Match, its celebrity-driven golf franchise. The latest installment features Kansas City Chiefs stars Patrick Mahomes and Travis Kelce facing off against Golden State Warriors stars Steph Curry and Klay Thompson.”

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A Third Of All SVOD Sign-Ups Are Now For Partially Ad-Supported Tiers

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Next TV reports: “Nearly one-third of those now signing up for a U.S. SVOD service, 32%, choose a plan that’s partially supported by advertising. This compares to just an 18% share held by partly ad-supported SVOD tiers four years ago, according to research company Antenna’s latest State of Subscriptions report. A quarter of the total subscriber base for U.S. premium subscription streaming services is now partially ad-supported, Antenna said.”

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NBCUniversal Launches Nearly 30 New FAST Channels, Setting Distribution With Amazon Freevee And Xumo Play

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Deadline reports: “NBCUniversal is continuing its push into free, ad-supported television (FAST) by rolling out nearly 30 new channels to be distributed at launch on Amazon Freevee and Xumo Play. Many of the offerings from across the NBCU Television & Streaming portfolio and NBCUniversal Global Distribution library will be available to viewers on demand for the first time at no charge. Viewers with antennas can get linear signals over the air for free, of course, but the always-on nature of the FAST channels makes the initiative unprecedented.”

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Snafu Records Raises $7M And Launches ‘Song Fund’ For Artists

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Music Ally reports: “Swedish startup Snafu Records launched in 2020 as an ‘AI-enabled music label’, with the AI’s role being to scrape and analyse data from streaming and social services to identity promising human artists. Having raised $2.9m of funding then from investors including ABBA’s Agnetha Fältskog, now the company has raised a new $7m round of equity and credit funding led by Pophouse Entertainment.”

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Scopely Acquires Tag Games

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Games Industry Biz reports: “Scopely has announced that it has acquired mobile game developer Tag Games. With this addition, the mobile game publisher continues to expand its game offerings. Established in 2006, Tag Games has developed titles such as Pocket Mortys, CSR2, and Angry Birds Action. With the new addition, Tag Games’ 60 employees will join Scopely. The acquisition follows after Scopely invested $50 million in developers Omnidrone, Pixel Toys, and Tag Games in 2021.”

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‘Among Us’ Cartoon Coming From Teams Behind ‘Infinity Train’ And ‘Star Trek: Lower Decks’

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Engadget reports: “Hit video game Among Us is getting the cartoon treatment, as originally reported by Variety. CBS Studios is behind the venture, partnering up with Innersloth, the game studio originally responsible for the indie sensation. There looks to be plenty of talent behind the scenes here, as the showrunner is Owen Dennis, the creator of the criminally-underrated Infinity Train. Titmouse Studios is handling the animation, after successful work on shows like Star Trek: Lower Decks and Bigmouth.”

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Introducing Viberate For Artists – A Hub For Independent Musicians

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Digital Music News reports: “The newly launched Viberate for Artists platform offers music distribution on all major DSPs. It also includes booking and promotion tools, a free onepager, and professional artist analytics covering both streaming and social media channels. Viberate also offers musicians the chance to get an advance while keeping 100% of their rights.”

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Warner To Fund Web3 Music Projects Via New Accelerator In Partnership With Polygon Labs

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Music Business Worldwide reports: “Warner Music Group and Polygon Labs, a growth and development team in support of the Polygon network, have launched what they call a “groundbreaking” music accelerator program. The companies say that the accelerator aims to power “the next generation of innovation at the intersection of Web3 and music” by supporting developers launching music-related projects and dApps on the Polygon network.”

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Korea Rivals The U.S. In New Scripted Shows’ Global Internet Popularity

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Variety reports: “In 2022, 32 U.S. titles ranked in a top 100 of most globally popular new scripted TV shows released in 2022. 30 South Korean series made the same Top 100, according to a study by London and L.A.-based consultancy Ampere Analysis presented Tuesday at Spain’s Conecta Fiction. Ampere’s popularity score is a propriety metric based not on viewership but on the tracking of internet search volume received by a title each month as well as other measures, Ampere’s Alice Thorpe clarified at the presentation.”

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