New Data Reveals Music’s Importance to TikTok’s Gen Z Audience
Billboard reports: "Three years after the launch of TikTok, 52% of Generation Z (people ages 13 to 23) in the U.S. use a short...
Mobile Premier League raises $90m in funding
Gamesindustry.biz reports: "Indian competitive gaming platform Mobile Premier League has raised $90 million in a series C funding round."
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Following TikTok Deal, Judge Agrees to Delay U.S. Restrictions on WeChat
Billboard reports: "A judge has approved a request from a group of U.S. WeChat users to delay looming federal government restrictions that could effectively...
Peacock Officially Launches On Roku
Deadline reports: "After a day of public distribution drama last Friday, NBCUniversal’s Peacock has officially launched on Roku in the U.S."
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Microsoft to Acquire Bethesda Softworks for $7.5 Billion
The Hollywood Reporter reports: "Microsoft is growing its video game domain, acquiring the parent company of publisher Bethesda Softworks for $7.5 billion in cash."
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Apple is making Shazam a bigger part of your iPhone
The Verge reports: "Apple bought music recognition app Shazam in 2018, and now it’s integrating it into iOS in another big way — a...
Trump to ban US TikTok and WeChat app store downloads on September 20th
The Verge reports: "The US Commerce Department has issued a new order to block people in the US from downloading the popular video-sharing app...
Unity valued at $13.7bn after successful IPO
Gamesindustry.biz reports: "Unity has completed its Initial Public Offering and been valued at $13.7 billion. The company, best known for the game development engine...
NBCU Threatens to Pull TV Apps From Roku Amid Fight Over Peacock Deal Terms
Variety reports: "The dispute between Roku and NBCUniversal over distribution of the fledgling Peacock streaming service has taken a nasty turn."
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Bandai Namco Acquires Montreal Game Developer Reflector
The Hollywood Reporter reports: "The deal to buy the company behind the 'Unknown 9' franchise continues the Japanese gaming giant's strategy of developing half...
Bunch raises $20 million to help friends party up in mobile games
VentureBeat reports: "New York-based Bunch has raised $20 million in venture funding to help friends party up with each other in multiplayer mobile games....
Beatport Launches Exclusive Livestream Partnership With Twitch
Variety reports: "Beatport and Twitch have announced a partnership that will enable Beatport to bring more exclusive music and programming to its Twitch channel."
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Why Cash-Strapped Towns Are Suing Streaming Giants
The Hollywood Reporter reports: "A growing number of municipalities are going to court against Netflix, Hulu and Disney+ to argue these companies need to...
Facebook Announces New Advances in VR and AR, Including AR Glasses Coming Next Year
Social Media Today reports: "Facebook is today holding its Facebook Connect AR/VR showcase event, where it's providing an overview of the latest advances in...
TV Networks Look Toward Ad Supported Streaming To Grow Revenue
Forbes reports: "With the pandemic, stay-at-home decrees and subsequent economic downtown, millions of viewers have been turning to ad supported streaming (AVOD) for video...
Spotify Consumption Back Above Pre-Pandemic Levels, CFO Says
The Hollywood Reporter reports: "Music streaming giant Spotify feels "really good" about how the business has performed since the start of the coronavirus pandemic,...
WarnerMedia Takes a Chance on Sports Wagering Content With ‘TNT Bets’ Live-Stream
Variety reports: "WarnerMedia is joining the growing parade of media companies eager to court consumer interest in sports betting."
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Quibi’s new show, Wireless, shows the power and limitations of its Turnstyle technology
The Verge reports: "When Quibi launched in April, it had two big selling points: high-quality short-form video content designed for phones and Turnstyle, its...
U.S. Ad Market to “Nearly Stabilize” in Second Half: Study
The Hollywood Reporter reports: "The U.S. advertising market will "nearly stabilize" in the second half of the year with a 2 percent decline "as...
Unity raises IPO price range after JFrog, Snowflake target steep debut valuations
TechCrunch reports: "On the heels of two IPOs pricing above raised ranges, Unity boosted the value of its own impending debut this morning. The...
