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XY Gaming Raises $2.5 million for its Global Esports Tournament Platform

VentureBeat reports: "XY Gaming has raised $2.5 million for its global esports tournament platform. With XY Gaming, players compete for cash prizes. San Francisco-based...

Twitch Acquires Internet Gaming Database

gamesindustry.biz reports: "The Internet Gaming Database (IGDB) has been acquired by video streaming platform Twitch. Founded in 2015, the IGDB aims to build a...

Plex Signs Up Lionsgate for Upcoming Ad-Supported Video Service

Variety reports: "Media center app maker Plex has struck a deal with Lionsgate to add some of the studio’s movies and TV shows to...

NBC’s Peacock Streamer Will Offer “Something for Everyone,” But It’s Also...

Hollywood Reporter reports: "Boasting 15,000 hours of content, Comcast is expected to offer its service to cable subscribers in April for free, which may...

“Streaming Craze” Won’t Dent Box Office, Cinemark CEO Mark Zoradi Insists

Deadline reports: "Cinemark CEO Mark Zoradi said what he called the “streaming craze” won’t hurt theatrical box office and recalls decades of previously perceived...

NBCUniversal’s Streaming Service is Called Peacock

The Verge reports: "NBCUniversal’s streaming service finally has a name: Peacock. The name is based on NBC’s iconic logo, the colorful peacock that sits...

Mobcrush Hits 84 million Unique Monthly Users and Pays Out $5...

VentureBeat reports: "Mobcrush, a mobile livestreaming service, said its American audience has grown to more than 84 million unique viewers per month (UVPM) across...

Amazon Launches New Hi-Def Streaming Tier: Amazon Music HD

Billboard reports: "Amazon has officially entered the lossless sound wars. On Sept. 17, the company launched Amazon Music HD, the highest tier of its...

Former MoviePass Chairman Ted Farnsworth Trying to Buy Failing Subscription Company

Variety reports: "Ted Farnsworth, the financier who helped set in motion MoviePass’s meteoric rise and precipitous fall, has submitted an offer to purchase the...

Explosion of Streaming Services Points to Price Wars on the Horizon

Variety reports: "With its $800 iPhones and $1,400 Hermès smart watches, Apple’s not exactly in the business of bargain-bin pricing. But the surprisingly low-priced...