VentureBeat reports: “Tilting Point has acquired Star Trek Timelines, a character collection role-playing game (CCRPG), from Disruptor Beam. Alongside the acquisition of the game, Tilting Point has formed a new studio, Wicked Realm Games, to support the title in Boston and hired 19 key Disruptor Beam team members, including former chief technology officer David Cham, who will head the new studio.”
Gamesindustry.biz reports: “Casual games giant Zynga is facing a class action lawsuit following a breach of its users’ personal data last year. In September 2019, the company admitted hackers had stolen account information for players of Words With Friends and Draw Something, and advised users to change their passwords.”
Hollywood Reporter reports: “”Simon & Schuster is not a core asset, it’s not video based,” Bob Bakish told an investors conference about seeking strategic alternatives for the book publisher.”
Deadline reports: “Little Dot Studios has acquired content agency Wing as the All3Media-owned digital studio embarks on a mergers and acquisitions spree. Wing took flight in 2007 and specializes in sport, making branded content for partners including the International Olympics Committee, The America’s Cup, Formula 1, Coca-Cola, Hugo Boss and McLaren.”
TechCrunch reports: “Bookshlf has created a new way for people to recommend media — whether it’s music, videos, articles, podcasts or even tweets — to their friends and to the rest of the world.”
Variety reports: “One month ahead of commercial launch, Quibi said it closed $750 million in second-round funding, which the premium mobile-subscription player believes will take it to the point of profitability. Led by founder Jeffrey Katzenberg and CEO Meg Whitman, the company has now banked $1.75 billion to date.”
Variety reports: “Tubi is taking its ad-supported VOD on the road. The free streaming service is launching directly on TVs in over 30,000 hotel rooms across the U.S., through a deal with Enseo, an in-room entertainment platform provider.”
Gamesindustry.biz reports: “One in four people experience mental health issues every year. That’s according to Mental Health First Aid England, whose research also shows that such issues affect 792 million people worldwide. In addition to the human impact, this results in millions of working days lost and business costs of billions every year.”
VentureBeat reports: “GameOn Technology has raised $10.5 million in growth capital in the form of a convertible note financing. That means investors are loaning the company money, and the investors will have the option to convert the loan into ownership in the company.”
Hypebot reports: “Spotify has a new strategy to generate revenue – ask artists and record labels to pay to promote their music. Spotify has already launched a new tool called Spotify Marquee, which provides users with notifications when an artist releases a new album or song.”
