LATEST ARTICLES

YouTube Shorts at One Year: What the Video Giant Has Learned About the 60-Second Format — and What’s Next

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Variety reports: “As of this summer, YouTube Shorts was generating over 15 billion global daily views, more than doubling from 6.5 billion in March 2021, Alphabet/Google CEO Sundar Pichai announced in July. “YouTube Shorts continues to gain momentum,” he said. YouTube Shorts launched globally in mid-July.”

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European Alliance Execs Debate Difficulty of Competing With Streamers

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Deadline reports: “A host of heavyweight European execs have debated the difficulty of competing with US streamers on big budgets, while criticizing these players for failing to nurture local talent and buying up studio space.”

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Riot Games Acquires Media Tech Firm Kanga Talent

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Gamesindustry.biz reports: “Riot Games has acquired interactive media startup Kanga Games for an undisclosed sum. Kanga, founded in 2018, creates “fan hubs” for esports franchises and talent, and also offers merchandising options and video content aggregation.”

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Facebook Launches New Video Ad Series Calling for Improved Regulations for Social Media

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SocialMediaToday reports: “Amid ongoing discussion about Facebook’s approach to content moderation, and amplification via its platforms, The Social Network has today launched two new ads which call for more Government regulation of the tech sector, while also seeking to humanize the people behind Facebook’s decision-making process.”

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Core Might Be The Vegas of The Metaverse

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Tech Crunch reports: “A self-described “endless arcade,” Core feels like a 90s cyberpunk fever dream come to life. Half playable game library, half no-code game creator, all neon lights, the new platform is a surprisingly well-realized vision of this metaverse thing everyone sure seems to be talking about lately.”

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Lucid Sight Raises $2.6M

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Gamesindustry.biz reports: “Publisher Lucid Sight announced that it’s raised $2.6 million in a funding round. The company said that the investment will go towards launching multiplayer game engine Colyseus Arena as a cloud-hosted service.”

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Introducing Kepler Interactive, a Publisher Run by Independent Developers

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Gamesindustry.biz reports: “Last month, new publishing outfit Kepler Interactive opened its doors, with eyes on offering small studios and developers a different kind of opportunity.”

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Another Massive Music Deal as Spirit Music Group Parent Strikes $500M Alliance with Northleaf Capital Partner

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Music Business Worldwide reports: “Northleaf led the USD $500 million investment in which global investment group Caisse de dépôt et placement du Québec was a significant co-investor. Toronto-based Northleaf, whose portfolio includes more than 400 active investments in 40 countries, has more than $18 billion in private equity, private credit and infrastructure commitments under management.”

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Resetera Sold for $4.5 Million

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Gamesindustry.biz reports: “Esports communities company MOBA Network has acquired gaming forum Resetera for $4.5 million. An initial $3.55 million has been paid upon closing the deal, with the $1 million remaining to be paid by the end of the year.”

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Fox Plans NFT Debut With $20 ‘Masked Singer’ Collectibles

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Billboard reports: “The NFT packs mark the broadcaster’s first foray into the area, with other projects like ‘Krapopolis’ to follow. The company will also launch a marketplace and community in which users can buy, sell, or trade Masked Singer NFTs, which it is calling The MaskVerse.”

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