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Lionsgate Nears Deal For Stake In Management & Production Firm 42,...

Deadline reports: "Management-production powerhouse 3 Arts Entertainment, of which Lionsgate is a majority owner, has been a key driver in concocting the deal and...

TikTok is on the Road to Becoming a Next Generation Music...

Hypebot reports: "In recent years, TikTok has made it exponentially easier for everyday musicians to become the next big thing. Soon TikTok may not...

Even in Subscriptions, Nintendo is Playing its Own Game

Gamesindustry.biz reports: "While Xbox Game Pass aims to attract new customers, Mario Kart's Booster Course Pack shows Nintendo is mainly focused on servicing established...

Global Recorded Music Revenues Reached $28.8 Billion in 2021 Says Midia

Music Business Worldwide reports: "Global recorded music revenues are estimated to have grown by 24.7%, to $28.8 billion in 2021. That’s according to a...

Spotify is Paying $310M to Barcelona for a Sponsorship. According to...

Music Business Worldwide reports: "As expected, the deal will see Spotify’s logo splashed across the Spanish football/soccer giant’s shirts from July 1, and even...

European TV Giant RTL Posts Record $1.6B Profit, Revenue Gain Amid...

The Hollywood Reporter reports: "A resurgent television advertising market and a booming streaming and production business, along with some major consolidation and asset sales,...

Music’s Next Big-Money Buyout Will Be the Middle East’s Qanawat Music

Music Business Worldwide reports: "Today (March 16), we can bring you news of the next big-money acquisition of an international music company: Qanawat Music,...

Bunim-Murray to Produce NFT-Funded Unscripted TV Shows via Wonderfuel Joint Venture

Variety reports: "Reality TV pioneer Bunim-Murray Productions is throwing its hat into the NFT ring. The production company teamed with tech startup Virtual Arts...

Bored Ape Yacht Club Creates a Cryptocurrency to Fund Games, Events,...

The Verge reports: "Yuga Labs took its next step toward trying to build a broader media empire around the Bored Ape Yacht Club non-fungible...

Amazon Closes $8.45B Deal for Movie Studio MGM

C|Net reports: "Amazon on Thursday said it had closed its $8.45 billion acquisition of MGM. The deal, which was first announced in May, could...