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PUBG parent Krafton applies for IPO

Gamesindustry.biz reports: "Holding firm and PlayerUnknown's Battlegrounds owner Krafton has applied for preliminary approval to launch an Initial Public Offering in Korea." Read more  

WGA Sets $3.4 Million Settlement With CBS for All Access Streaming...

Variety reports: "The WGA West has reached a big settlement with CBS over underpaid residuals for shows made available on the CBS All Access...

Manticore Games’ Core Platform Launches in Epic Games Store

The Hollywood Reporter reports: "Manticore Games' free video game creation platform Core launched on Thursday in Early Access on the Epic Games Store." Read more  

Facebook faces ‘mass action’ lawsuit in Europe over 2019 breach

TechCrunch reports: "Facebook is to be sued in Europe over the major leak of user data that dates back to 2019 but which only...

Amazon Spent $11 Billion on Prime Video and Music Content in...

Variety reports: "Amazon spent a cool $11 billion on TV series, movies and music for its Prime services last year, an increase of 41%...

SuperWorld teams with Props for selling NFT virtual real estate

VentureBeat reports: "SuperWorld is a the virtual world in augmented reality that allows users to buy and sell virtual real estate, using nonfungible tokens,...

Tencent Music Shakes up Leadership, Names New CEO

Variety reports: "In a leadership shakeup, Tencent Music Entertainment Group has announced that Zhu (“Ross”) Liang has been appointed as the company’s new CEO,...

AppLovin IPO raises $1.8bn

Gamesindustry.biz reports: "Mobile services and publishing company AppLovin has raised almost $2 billion in an Initial Public Offering." Read more  

Spotify, Warner Music Group Strike Podcast Deal Tapping WMG’s Artist and...

Variety reports: "Warner Music Group and Spotify have entered into a new partnership that will see the two companies develop a series of original...

Networks Demand Audit of Nielsen Ratings During Pandemic

The Hollywood Reporter reports: "A group representing broadcasters contends the ratings service has undercounted viewers in the past year." Read more