LATEST ARTICLES

Six Years Later, Etsy Sells Reverb — Music Marketplace Eyes ‘Exciting Changes’ Under New Owners Creator Partners And Servco

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Staff Report
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Photo by DeepMind on Unsplash under the Creative Commons License

Digital Music News reports: “Reverb reached out with a formal announcement about its sale – and its return to private ownership – this morning. Meanwhile, Etsy confirmed the divestment in a regulatory disclosure, chalking up the move to a “focus on driving growth in the core Etsy marketplace.” The seller, which previously acknowledged “significant GMS [gross merchandise sales] headwinds in 2024,” also noted that it would provide additional information in its Q1 2025 earnings report.”

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Max Officially Rolls Out Plans To Combat Password Sharing

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Staff Report
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Photo by boliviainteligente on Unsplash under the Creative Commons License

Screen Rant reports: “Max is following Netflix’s footsteps to end account sharing for subscribers as the streamer rolls out a new feature. After months of gently preparing subscribers for the change, a new feature has been set in motion on April 22 as part of the streamer’s effort to crack down on password sharing. This has been an ongoing trend in recent years for various streaming platforms, with services such as Disney+ and Hulu also taking steps to moderate how many households can use a single subscription.”

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Want To Buy Village Roadshow’s Stake In ‘The Matrix’? It’ll Cost At Least $417.5M

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Staff Report
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Photo by Denise Jans on Unsplash under the Creative Commons License

The Hollywood Reporter reports: “U.S. Bankruptcy Judge Thomas Horan on Tuesday approved an offer from Alcon Media Group for Village Roadshow’s collection of 108 feature films, including stakes in The Matrix and Ocean’s franchises, its fledgling studio business and ownership of various copyrights that’ll give the buyer the rights to co-produce proven tentpoles.”

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YouTube Says It Now Hosts More Than 20 Billion Videos, Unveils New Features And Easter Eggs In 20th Birthday Celebration

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Staff Report
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Photo by boliviainteligente on Unsplash under the Creative Commons License

Variety reports: “Blow out the candles! YouTube has been pumping out videos for two decades — and to give you one idea of how massive the Google-owned platform has become, YouTube says more than 20 billion videos have been uploaded to date. Wednesday (April 23) marks the 20th anniversary of the the first video shared on YouTube: “Me at the Zoo,” a 19-second clip that co-founder Jawed Karim shot in front of the elephant exhibit at the San Diego Zoo.”

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Venture Fund Blue Ocean Games Launches With $30m Investment For Indie Developers

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Staff Report
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Photo by Vladimir Solomianyi on Unsplash under the Creative Commons License

Games Industry Biz reports: “New venture fund Blue Ocean Games has launched with a $30 million investment fund for indie game developers. Blue Ocean Games was founded by Damian Lee, former head of investments at Krafton. The fund is also backed by the publisher. The company will implement an investment structure known as SAIL – Structured Agreement for Indie Launch.”

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Threads Add More Ads

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Staff Report
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Photo by Bastian Riccardi on Unsplash under the Creative Commons License

The Verge reports: “Meta is opening up ads on Threads to “all eligible advertisers globally” and plans to show them to users in “select markets at launch,” according to an update to the company’s January blog post about ads on the platform. The company plans to test ads in more than 30 countries globally, including the US, spokesperson Matthew Tye tells The Verge.”

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Late Night TV Musical Bookings Are Plunging, Data Reveals

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Staff Report
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Photo by Insung Yoon on Unsplash under the Creative Commons License

Digital Music News reports: “A new report from Consequence highlights how musical bookings have become less common after the pandemic and the SAG-AFTRA strikes—but also due to host direction. Ten years ago, late night TV was a must-stop for new music acts. Between the years of 2011 and 2013, annual musical performances on late night shows peaked at over 800. Numbers have plummeted since then, with 2023 seeing barely 200 bookings.”

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PlayVS Expands Reach With Acquisitions Of Generation Esports And Playfly College Esports

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Staff Report
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Photo by Onur Binay on Unsplash under the Creative Commons License

GamesBeat reports: “PlayVS, North America’s amateur esports platform, announced the acquisitions of Generation Esports and Playfly College Esports to expand its reach in competitive gaming. With these strategic additions, PlayVS is uniting the entire scholastic esports ecosystem, from middle school through high school and college, into one powerful, connected pathway for student players, coaches, and educators, the company said. The combined company will have around 80 people.”

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Manychat Taps $140M To Boost Its Business Messaging Platform With AI

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Staff Report
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Photo by Ibrahim Boran on Unsplash under the Creative Commons License

TechCrunch reports: “Chatbots and other kinds of AI agents may feel like a dime a dozen these days. But the truth is that, for both businesses and consumers, some may be infinitely more useful (and perhaps less dystopian) than others. Today, a startup that’s built a successful business around that concept is announcing a major growth round to expand its business.”

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CAA’s Latest Agency-Adjacent Push? High-Net Worth Family Offices

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Staff Report
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Photo by Samson on Unsplash under the Creative Commons License

The Hollywood Reporter reports: “Talent agencies have spent years exploring other businesses that are adjacent to the core business of agenting, and now CAA is adding another new offering to its portfolio: An advisory business tailored specifically to ultra-high-net-worth individuals and family offices.”

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