Gamesindustry.biz reports: “Mobile tools provider AppLovin has acquired Machine Zone, the studio behind popular strategy title Game of War: Fire Age. The studio becomes AppLovin’s second in-house studio, alongside casual games developer Lion Studios.”
Variety reports: “PRS for Music, the organization that represents the rights of British songwriters, composers and music publishers, collected a record £811 million ($990 million) for its members last year, an 8.7% rise. However, CEO Andrea Martin said it would “inevitably see a decline” in royalties this and next year due to the coronavirus pandemic.”
The Hollywood Reporter reports: “From the team that made the cross-network ‘One World: Together at Home’ broadcast possible to the director who cut production costs by acquiring a high school, THR spotlights the boundary-pushers reinventing how content is created, developed and distributed.”
VentureBeat reports: “Epic Games took the wraps off its Unreal Engine 5 today, showing in a demo video how the game engine behind Fortnite will be able to generate outstanding realistic graphics in real-time on next-generation consoles like the PlayStation 5, high-end PCs, and even mobile devices.”
Gamesindustry.biz reports: “Japanese publisher Sega has released its full-year financial results, showing growth across the board. The publisher reported net sales of ¥366.6 billion ($3.4 billion) for the 12 months ended March 31, 2020 — up 10.5% year-on-year.”
Billboard reports: “Sony Corp.’s music segment saw a strong rebound in operating income to ¥30.34 billion yen ($278.3 million) for its fiscal fourth quarter ended March 31, which represented a 39.3% gain from the ¥21.79 billion yen ($197.52 million) posted in the corresponding period in the company’s fiscal 2018 year.”
The Hollywood Reporter reports: “AI looks poised for use in all phases of making a movie, from analyzing viewers’ reactions to creating digital humans: “Decades from now, an AI algorithm will make your movie from the text of the script.”
Variety reports: “A starry group came together for a meeting at Courteney Cox’s Malibu beach house on Oct. 5, 2019. Had the paparazzi gotten wind, pandemonium would have surely ensued.”
Billboard reports: “As the country works through the trauma created by the coronavirus, Americans are showing pandemic fatigue and increasingly turning to music for cheer and self-improvement, according to the third installment of Nielsen Music/MRC Data’s survey series, “COVID-19: Tracking the Impact on the Entertainment Landscape.”
TechCrunch reports: “Over the past three years the Los Angeles-based startup Maple Media has amassed a portfolio of roughly thirty companies and one hundred apps in its quest to become the IAC of app store businesses.”
