The Hollywood Reporter reports: “NBCUniversal’s Telemundo is betting big on Spanish-language streaming, launching a new studio to try and capitalize on the proliferation of streaming services.”
Gamesindustry.biz reports: “A further six members of staff have left Google Stadia for new roles at Haven Studios, the venture founded by former Stadia VP Jade Raymond.”
Variety reports: “U.K. broadcaster ITV increased external revenues by 2% in the quarter ending March 31, 2021, according to financial results released on Wednesday.”
TechCrunch reports: “Twitter this morning announced it’s acquiring Scroll, a subscription service that offers readers a better way to read through long-form content on the web, by removing ads and other website clutter that can slow down the experience.”
Hypebot reports: “The AFM & SAG-AFTRA Intellectual Property Rights Distribution Fund – an income source that most musicians barely know exists – has announced a record $70 million distribution.”
Variety reports: “Sinclair Broadcast Group said Tuesday it intends to start selling its linear and digital ad inventory based on a “common impression-based currency,” joining the ranks of other local-station owners moving to change the nature of their transactions with Madison Avenue as technology spurs new ways consumers watch their video favorites.”
TechCrunch reports: “What if you could Zoom with your favorite creator and ask them questions? That’s the promise of Bright, the new live video platform launching today from co-founders Guy Oseary and early YouTube product manager Michael Powers.”
CNET reports: “YouTube commercials are going to become more interactive on connected TVs this year, Google’s massive video service said Tuesday, starting with a marketing tool that lets viewers get information about an advertised product without interrupting the actual video they want to watch.”
TechCrunch reports: “One the same day as Fortnite maker Epic Games goes to trial with one of the biggest legal challenges to the App Store’s business model to date, it has simultaneously announced the acquisition of the artist portfolio community ArtStation — and immediately lowered the commissions on sales.”
Variety reports: “Warner Music Group has announced a partnership with and investment in virtual entertainment company Wave, which has hosted livestreams by the Weekend, John Legend, Tinashe and others.”
