LATEST ARTICLES

Meta Will Shut Down Its Newsletter Platform Early Next Year

0
Photo by Dima Solomin on Unsplash under the Creative Commons License

Social Media Today reports: “In news that will surprise no-one, Meta has today confirmed that it’s shutting down its ‘Bulletin’ newsletter platform, just 18 months after its initial launch. Another sign of Meta’s fleeting interest in the latest trends, the company launched Bulletin in April 2021, as part of an effort to take a piece of the growing newsletter market, with platforms like Substack seeing massive growth in facilitating direct connection between writers and their audiences.”

Read More

 

Disney Plus Has Finally Launched A PS5 App With 4K HDR Support

0
Photo by Renato Ramos Puma on Unsplash under the Creative Commons License

IGN reports: “A new Disney Plus app is now available for Sony’s PlayStation 5 that allows users to stream their favourite movies, TV shows, originals, and more in 4K HDR quality. As noted by The Verge, PS5’s former version of the Disney+ app was actually a PS4 app that was running on the newer console, which meant visuals were capped at 1080p resolution, whereas the relaunched Disney+ app has been designed natively for PS5 and now supports 4K High-Dynamic Range playback across the service’s growing catalogue of titles.”

Read More

Amazon Adds Free Movie Trailers, Lifestyle Content, Sports Highlights And More To Fire TV

0
Photo by Renato Ramos Puma on Unsplash under the Creative Commons License

Tech Crunch reports: “Amazon announced yesterday that Fire TV users in the U.S. can now watch thousands of hours of free, ad-supported content across sports news, cooking and travel, as well as movie and TV trailers from IMDb. No downloads, fees or subscriptions are required to watch the videos. The new free content can be found in three new dedicated rows on the “Home” tabs for users to browse at no extra cost. The rows are titled “Sports News & Highlights,” “Trending Trailers” and “Food & Cooking.” Users can also select the “Search” bar to find a “Free” tile with access to the rows or the “Sports” tile, which has the “Sports News & Highlights” row.”

Read More

Elon Musk Confirms He Plans To Buy Twitter For $44B

0
Photo by Alexander Shatov on Unsplash under the Creative Commons License

The Hollywood Reporter reports: “Elon Musk will go through with his $44 billion acquisition of Twitter. According to an SEC filing, Musk’s team sent a letter to Twitter Monday saying that the Tesla CEO intends to “proceed to closing of the transaction contemplated by the April 25, 2022 Merger Agreement, on the terms and subject to the conditions set forth therein.” In the filing, Musk also asks for a stay of action in Twitter’s legal proceedings against him and for an adjournment of the trial. Twitter responded Tuesday saying it also intends to proceed with the sale.”

Read More

 

Peacock Topped 15 Million Paid Subscribers In Q3, NBCU’s CEO Says, Touting Movie Strategy And End Of Hulu Deal For Next-Day Episodes

0
Photo by Gary Ruiz on Unsplash under the Creative Commons License

Variety reports: “Has Peacock regained its forward momentum? NBCUniversal CEO Jeff Shell claimed the media company’s flagship streamer notched healthy growth in the third quarter — thanks to a strong content lineup, including Peacock’s reclaiming day-after-air rights to episodes of NBCU shows from Hulu. Shell, in an appearance Tuesday on CNBC, said Peacock added more than 2 million paid subscribers in Q3, to top 15 million.”

Read More

Gamurs Raises $12M To Use “Predominantly” For Acquisitions

0
Photo by Shubham Dhage on Unsplash under the Creative Commons License

Games Industry Biz reports: “Media network Gamurs has raised $12 million in a series A round. The round was co-led by LA Dodgers Ownership Group’s investment branch, Elysian Park Ventures, and sports-focused capital fund Cerro Capital. VC funds Powerhouse Capital, Aura Ventures, and Artesian also contributed to the round. The funding will “predominantly be used towards further acquisition opportunities,” the announcement said. Gamurs acquired a selection of games websites from Enthusiast Gaming just last week, including Destructoid, Siliconera and the Steel Media group.”

Read More

Xbox Launches A Website To Show The Benefits Of Its Activision Blizzard Buyout

0
Photo by Jonathan Kemper on Unsplash under the Creative Commons License

IGN reports: “Microsoft has launched a website to show the benefits of Xbox’s acquisition of Activision Blizzard, a deal that’s been widely scrutinised for its potential effects on the industry. The website outlines Xbox’s “vision for gaming” and states what it claims are the benefits of the $68.7 billion deal for players, game developers, and the gaming industry as a whole. According to Xbox, it will lead to more games on more devices, more choice when it comes to purchasing games, and more variety for mobile gamers.”

Read More

Village Roadshow Launches New Sports Division And Taps Brian Gilbert To Oversee

0
Photo by Roman Skrypnyk on Unsplash under the Creative Commons License

Deadline reports: “Village Roadshow Entertainment has hired Brian Gilbert to oversee the newly launched Village Roadshow Sports. Gilbert will oversee development of VREG’s original slate of sports content while also working closely with VREG’s existing film and television divisions to amplify relevant sports themes in their respective slates. Gilbert will report to Steve Mosko, CEO of Village Roadshow Entertainment Group, who made the announcement today.”

Read More

Naver Agrees To Acquire Fashion Marketplace Poshmark For $1.2B

0
Photo by Renato Ramos Puma on Unsplash under the Creative Commons License

Tech Crunch reports: “Naver, the South Korean search giant, today announced it plans to acquire secondhand apparel marketplace Poshmark for $1.2 billion in cash. The deal values publicly traded Poshmark’s shares at $17.90 — a 15% premium over today’s closing price — and the companies expect it to close by Q1 2023, subject to approval by Poshmark stockholders and “the satisfaction of certain other customary closing conditions.” Assuming the transaction goes through, Poshmark will become a standalone subsidiary of Naver led by CEO Manish Chandra and Poshmark’s current management team.”

Read More

Amazon Studios Announces Latino Community Initiatives, Including The Inaugural Youth Cinema Project Fellowship

0
Photo by Renato Ramos Puma on Unsplash under the Creative Commons License

Variety reports: “Amazon Studios is formalizing its commitment to the Latino community in Hollywood and beyond by partnering with Edward James Olmos’ Latino Film Institute, the Youth Cinema Project and local non-profit LA Collab, working together to strengthen the Hollywood pipeline. “As we strive to be a global entertainment destination, we acknowledge the power and importance of Latino audiences. In order to tell their rich and dynamic stories authentically, we need their skills and creative power both in front of and behind the camera,” stated Latasha Gillespie, global head of DEIA for Amazon Studios, Freevee and IMDb, in a press release announcing the news.”

Read More