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Disney to Pay NHL $350M for Stake in Streaming Tech Platform

The Hollywood Reporter reports: "The Walt Disney Co. will pay the National Hockey League $350 million to buy the league’s 10 percent stake in...

Reddit to Raise Up to $700 Million in New Funding, Valuing...

Variety reports: "Is this a sign of bubbling dot-com exuberance? Reddit announced that it is raising up to $700 million in additional funding, giving...

Jukin Media Acquired by Trusted Media Brands, Parent of Reader’s Digest

Variety reports: "Jukin Media, the 12-year-old digital firm specializing in acquiring and licensing user-generated video, has been acquired by lifestyle media company Trusted Media...

Unity acquires Parsec for $320m

GamesIndustry.biz reports: "Parsec will become part of Unity as part of a $320 million cash deal, which is expected to close during Unity's third...

Amazon’s MGM Takeover: Labor Coalition Lobbies FTC to Halt Deal

The Hollywood Reporter reports: "As the Federal Trade Commission examines Amazon’s proposed $8.45 billion buy of MGM, pressure from unions and progressive politicians is...

Telemundo Launching Division to Develop Shows For Peacock

The Hollywood Reporter reports: "Telemundo Enterprises, the NBCUniversal-owned Spanish language media company, is looking to 'supercharge' its investment in streaming, launching a new division...

Salesforce wants Salesforce+ to be the Netflix of biz content

TechCrunch reports: "Today the CRM giant announced it was taking a leap into streaming media with Salesforce+, a forthcoming digital media network with a...

Sony Completes $1.2B Acquisition of Crunchyroll From AT&T

The Hollywood Reporter reports: "Sony has completed its nearly $1.2 billion acquisition of the anime streaming service, Crunchyroll, from AT&T." Read more

Pokemon Go maker Niantic acquires 3D scanning app Scaniverse

CNET reports: "Another 3D-scanning tool has been acquired by a company aspiring to make a metaverse. Niantic just acquired Scaniverse, a phone app that...

Why Triller hasn’t left the experimental phase with advertisers just yet

Digiday reports: "Triller is seemingly moving out of the short-form video app’s shadow to hopefully capture the attention of creators and advertisers as TikTok...