Variety reports: “Content Partners, the investment firm that forged a new financial option for Hollywood profit participants, is celebrating its 15th anniversary this year, just as the industry is seems poised to head into a period of retrenchment on the kind of deals that built the company.”
Hollywood Reporter reports: “The French company, which just aired the fourth season of its ‘Rabbids Invasion’ series on Netflix and France 3, is mining its extensive games library for small screen offerings for all ages.”
Hollywood Reporter reports: “Verizon Media is expanding its shortform video business with the launch of the In the Know Network, which will offer up bite-sized updates on everything from the latest on positive news stories to what new gadgets to buy.”
Deadline reports: “Netflix stock, which has slumped in recent months, perked up Thursday as analysts gave a vote of confidence in the streaming giant’s prospects.”
The Verge reports: “Fortnite developer Epic Games said in a statement that it will not ban players or content creators for political speech. The message comes after Blizzard caught fire this week for banning a professional Hearthstone player for shouting a statement associated with Hong Kong protesters.”
VentureBeat reports: “Twitter said on Tuesday email addresses and phone numbers uploaded by users to meet its security requirements may have been “inadvertently” used for advertising purposes.”
gamesindustry.biz reports: “Five Vectors Inc has announced a $1 million seed funding round to support the creation of music for esports teams and events.”
Variety reports: “True Royalty TV has embarked on a new funding round and wants to raise $12 million as it looks to expand its royal-themed streaming service. The SVOD player has brought in Laurence Hollingworth, J.P. Morgan’s former vice chairman, EMEA, as chairman of its board as it plots its next moves.”
Hollywood Reporter reports: “After three years of operating in “stealth mode,” ProbablyMonsters Inc., a new video game studio-building enterprise formed by prior Bungie (Halo, Destiny franchises) CEO Harold Ryan, has officially pulled back its curtain.”
Hollywood Reporter reports: “As studios spend billions on content and Endeavor scraps its IPO, long-term obligations may weigh down strategic bets.”
