Nintendo acquires Next Level Games
Gamesindustry.biz reports: “Nintendo announced the acquisition of Vancouver-based studio Next Level Games for an undisclosed sum.”
FuboTV Stock Bounces Back On Preliminary Q4 Subscriber Gains, Revenue Beat
Deadline reports: “Shares in FuboTV have rebounded strongly after the streaming pay-TV bundle operator released preliminary fourth-quarter results showing more subscriber growth and better-than-expected revenue.”
Fans’ Embrace of Streaming Sustained Music During a Tumultuous Year. Why, and What Does It Mean for 2021?
Music Business Worldwide reports: “The music business in 2020 experienced an unprecedented cacophony of events. Live music businesses tragically shuttered. A virtual performance market emerging. Yet despite it all, music lived on through streaming as it continued to be embraced by nearly every American with an Internet connection, even in the face of a global health crisis and massive economic disruption.”
Twitter Acquires Podcast Listening App Breaker to Expand its Audio Focus
Social Media Today reports: “Will audio-based social become a bigger element of digital engagement in 2021? Twitter’s certainly putting its faith into audio connection.”
Google and Snap in talks to invest in India’s ShareChat
TechCrunch reports: “ShareChat, an Indian social network that added Twitter as an investor in 2019, may soon receive the backing of two more American firms.”
Discovery+ Coming to U.K., 11 More Markets Via Vodafone Deal
The Hollywood Reporter reports: “Discovery Inc. and mobile phone giant Vodafone have unveiled a new long-term content agreement covering 12 markets that will bring streaming service discovery+, which launches in the U.S. on Monday, to the U.K., Germany and other countries across Europe.”
Ducky generates $1 million a month and 145 million plays with hypercasual games
VentureBeat reports: “Hypercasual games are simple games that can reach the broadest audiences on mobile devices, and they can be made almost anywhere. The latest company to prove that is Ducky, a nine-month-old company in Russia whose games have been played 145 million times and generated $1 million a month in revenue.”
8 Big Music Industry Stories You Missed Over The Holiday Break
Hypebot reports: “From the $15 billion Save Our Stages package and COVID relief bill with important copyright legislation tucked inside to Ticketmaster agreeing to pay a $10 million fine, a lot happened over the holiday break.”
Hulu Inks ViacomCBS Deal to Add 14 Cable Networks to Live TV Package
Variety reports: “Disney’s Hulu + Live TV subscribers will — finally — get Comedy Central, MTV, Nick, BET and other legacy Viacom cable channels as part of their lineup.”
Quibi reportedly in talks to sell its shows to Roku
The Verge reports: “Failed mobile-first streaming service Quibi is in advanced discussions to sell the rights to its content library to Roku, according to The Wall Street Journal. The report doesn’t indicate a potential price for the acquisition, and notes that the two parties may not reach a deal.”
