Amazon’s TIkTok-Like Inspire Platform Is Shutting Down

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Photo by BoliviaInteligente on Unsplash under the Creative Commons License

Android Headlines reports: “Many social media platforms were quick to discover that due to the amount of time users spent on them, it would be a great way to display and advertise products for sale. Amazon tried something similar, except that instead of turning a social media platform into a shopping platform, Amazon tried to turn a shopping platform into a social media platform with Inspire. However, the TikTok-style feed is no more as Amazon has confirmed that it is shutting down Inspire.”

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‘Pokémon Go’ Maker Nears $3.5 Billion Deal To Sell Games Unit

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Photo by Mika Baumeister on Unsplash under the Creative Commons License

Yahoo! Finance reports: “Niantic Inc., the company behind the 2016 hit Pokémon Go, is in talks to sell its video-game business to Saudi Arabia-owned Scopely Inc., according to several people familiar with the discussions. A deal could be announced in coming weeks. The price being discussed is about $3.5 billion, according to one of the people.”

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SiriusXM Looks To YouTube (And Spotify) To Help Grow Podcast Subscribers

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Photo by Jonathan Farber on Unsplash under the Creative Commons License

The Hollywood Reporter reports: “SiriusXM is expanding its podcast subscription offering to Spotify, YouTube Music and more. The offering, which launched in August on Apple Podcasts, gives subscribers ad-free listening on new episodes, bonus content and early access to episodes of popular shows.”

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Rockstar’s Working On Bringing Roblox Creators To GTA VI

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Photo by Sebastian Svenson on Unsplash under the Creative Commons License

The Verge reports: “With GTA VI looming over the fall 2025 release schedule, a new report from Digiday claims that Rockstar is going all-in on user-generated content. According to the report, the developer is having discussions with Fortnite, Roblox, and GTA creators about making “custom experiences” inside what’s shaping up to be the biggest gaming release since the last Grand Theft Auto game launched way (way) back in 2013.”

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DAZN Secures Saudi Investment

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Photo by BoliviaInteligente on Unsplash under the Creative Commons License

Broadband TV News reports: “SURJ Sports Investment has agreed to take a minority stake in DAZN, which is likely to result in more Saudi-backed sports events appearing on the streaming service. The move follows several months of speculation and denial. SURJ Sports Investment, part of Saudi Arabia’s Public Investment Fund (PIF), was established in 2023 with a brief to drive international growth and enhance the sporting ecosystem in Saudi Arabia and the wider Middle East.”

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Universal, Warner, and Sony Ink Licensing Deal With New Music Creation/Social App, MashApp

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Photo by ilgmyzin on Unsplash under the Creative Commons License

Music Business Worldwide reports: “MashApp launched its new music application in the US on Tuesday (February 18), allowing users to create real-time “mashups” of popular music tracks through official partnerships with the world’s largest music companies. The app, initially available on iOS devices, has secured licensing deals with Universal Music Group, Sony Music Entertainment, Warner Music Group, Kobalt Music, and Universal Music Publishing Group.”

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YouTube TV, Paramount Reach Deal Over CBS, Nickelodeon, More Channels

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Photo by Hamed Taha on Unsplash under the Creative Commons License

SAN reports: “YouTube TV and Paramount have reached a long-term agreement, ensuring that over 8 million YouTube TV subscribers will continue to have access to popular channels. These channels include CBS, CBS Sports, Nickelodeon, Comedy Central and MTV.”

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Hightouch Announces $80M Series C At $1.2B Valuation To Bring AI Decisioning To Marketers

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Photo by Igor Omilaev on Unsplash under the Creative Commons License

PR Newswire reports: “Hightouch, the leading data and AI platform for marketing and personalization, today announced that it has raised an $80 million Series C at a valuation of $1.2 billion. The round was led by Rajeev Dham at Sapphire Ventures, with participation from NVC, ICONIQ Growth, Amplify Partners, Bain Capital Ventures, and Y Combinator.”

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‘Dune’ VFX House DNEG Makes Major Move Into AI, Unveils Deal To Buy Metaphysic

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Photo by Denise Jans on Unsplash under the Creative Commons License

The Hollywood Reporter reports: “Dune VFX house DNEG Group and its Brahma division have made a big swing in acquiring Metaphysic, a developer of artificial intelligence content creation technologies. Terms of the deal were not disclosed, but the agreement includes Abu Dhabi-based investor United Al Saqer Group and the DNEG Group investing another $25 million into Brahma, an AI and content technologies company launched by DNEG Group.”

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PC Game Sales Hit $1.09bn On Epic Games Store In 2024

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Photo by Ahmed Atef on Unsplash under the Creative Commons License

Games Industry Biz reports: “Epic shared its Epic Games Store 2024 Year in Review blog post last Friday, highlighting its achievement of reaching 295 million users on its PC store representing an increase of 25 million users year-on-year. Consumer spending on the platform reached $1.09 billion in 2024, an increase of 15% from last year. In comparison, spending on third-party titles declined by 18% to $255 million.”

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