SocialMediaToday reports: “Gaming is arguably the most influential element of online culture, and as such, it makes sense for TikTok to lean into gaming where it can, as it looks to maximize its appeal among younger audiences.”
Hypebot reports: “Dipping your toes in the wonderful world of web3 music projects? Here are the 5 web3 music projects we selected for this month. All of them were chosen because they all aim to disrupt the “traditional” music industry.”
Digiday reports: “Yesterday, Quontic Bank opened its first presence inside Decentraland, with plans to expand the virtual outpost into a bona fide virtual bank, replete with all of the financial services offered in physical banks. The activation demonstrates that brands have realized the importance of lasting utility in metaverse spaces — and shows the difficulties of actually attaining that utility.”
Music Business Worldwide reports: “Rather than allowing all artists everywhere to upload their music to digital services (a la DistroKid or TuneCore), AWAL instead deploys a ‘first layer’ of A&R filtration. As a result, around nine in every ten tracks submitted to the AWAL platform are believed to be rejected.”
Variety reports: “For the first time, Nielsen has reported TV time spent viewing estimates for HBO Max — with the Warner Bros. Discovery-owned service coming in with a 1% share for April 2022, as the streaming sector overall took its highest share of U.S. TV viewing to date.”
The Hollywood Reporter reports: “When, earlier this year, Netflix unveiled that it had picked Poland as its new regional headquarters — the company’s new Warsaw office, set to open in late 2022, will serve as a hub for the streamer’s operations across Central and Eastern Europe (CEE) — the choice seemed obvious.”
Gamesindustry.biz reports: “Venture Capital firm Andreessen Horowitz (a16z) has unveiled a $600 million fund to specifically invest in the games industry. While the firm has invested in game studios previously such as Zynga and Oculus, Games Fund One is a separate fund dedicated to supporting “the next generation of games builders.””
The Hollywood Reporter reports: “The esports analyst, 22, can trace her interest in video games back to the time she was “very, very small,” when her father would play Call of Duty in an attic “gamer hideout.” The first game that Allycxt got into on her own was Black Ops 2. And the obsession catapulted from there.”
Variety reports: “Cannes is going Meta. The social giant formerly known as Facebook is taking the Croisette by storm and rolling out the red carpet for creators at the festival. Meta has unveiled its first creator villa, which will be powered by Instagram and host up to 300 content creators over two days at the iconic Palais Bulles.”
The Hollywood Reporter reports: “Blockchain games company Azra Games, co-founded by former Electronic Arts executive Mark Otero and dedicated to building immersive universes with in-game economy and virtual collectibles powered by web3 technology, has raised $15 million in funding, led by Andreessen Horowitz, to accelerate development of its first title: a mass combat strategy role-playing game with the code name Project Arcanas.”
