Create Music Group Acquires Again, Swooping For Indie Electronic Label Monstercat

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Music Business Worldwide reports: “Create Music Group has acquired again. The company, which was valued at $1 billion following a $165-million investment round last year, has swooped for independent electronic music label Monstercat. As part of the deal, Create said it has committed to investing an additional $50 million over the next two years in artist development, advances, and platform support across Monstercat’s roster, “to accelerate both new signings and long-term career growth”.”

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Google Debuts An Updated Gemini 2.5 Pro AI Model Ahead Of I/O

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TechCrunch reports: “Google on Tuesday announced the launch of Gemini 2.5 Pro Preview (I/O edition), an updated version of its flagship Gemini 2.5 Pro AI model that the company claims tops a number of widely used benchmarks. Gemini 2.5 Pro Preview (I/O edition) is available via the Gemini API and Google’s Vertex AI and AI Studio platforms, priced the same as the Gemini 2.5 Pro model it effectively replaces. It’s also in Google’s Gemini chatbot app for the web and for mobile devices.”

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Telemundo’s Big Upfront Bet? Live TV. A Lot Of It.

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The Hollywood Reporter reports: “At a moment where the TV business is undergoing a dramatic transformation, and with the advertising business similarly in flux amid tariffs and technological changes, NBCUniversal’s Spanish-language media division Telemundo Enterprises is betting that live events and programming — a lot of them — will help it stand out in a marketplace that is as crowded as ever.”

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NCsoft Makes “Strategic Equity Investment” In Empty Vessel

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Games Industry Biz reports: “NCsoft has made a “strategic equity investment” in Texas-based studio Empty Vessel. The South Korean developer and publisher made the investment through its North American subsidiary, NC West. It marks the beginning of a “long-term partnership” including the publishing rights for Empty Vessel’s upcoming first-person shooter title Defect.”

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Media Outlets Worldwide Join Call For AI Companies To Help Protect News Integrity

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Broadband TV News reports: “Thousands of public and private news media around the world have joined an initiative by the European Broadcasting Union and WAN-IFRA calling on AI developers to help ensure that Artificial Intelligence is safe, reliable and beneficial for the news ecosystem and the public.”

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Nielsen: Most TV Viewing Is On Ad-Supported Services

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TV Technology reports: “Nielsen has launched The Ad-Supported Gauge, a new quarterly report that provides a comprehensive look at the portion of television that delivers advertising across broadcast, cable and streaming. Initial data from the service shows that ad-supported offerings still dominate TV viewing and that ad-supported streaming platforms account for a significantly larger share of TV viewing than broadcast or cable.”

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OpenAI Sam Altman Launches New Startup World

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The Hindu reports: “OpenAI CEO Sam Altman has launched a new startup called World with the goal of authenticating identity of humans online as AI-driven content grows. Altman announced that they are launching in the U.S. and plan to open retail outlets in cities including San Francisco, Los Angeles and Nashville.”

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Roku Enters The Pay-TV Fray With Frndly TV Deal

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Light Reading reports: “Looking to boost its growing subscription business, Roku has struck a deal to acquire Frndly TV, a Denver-based virtual multichannel video programming distributor (vMVPD) focused on relatively low-cost, slimmed-down entertainment-focused content packages.”

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Playtron Rolls Out Game Dollar Stablecoin For Gaming To Enable Purchases, Subscriptions And Rewards

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GamesBeat reports: “Playtron, a Web3 gaming operating system, announced plans to roll out Game Dollar, a stablecoin for gaming that will be used to power purchases, subscriptions, and rewards across Playtron’s and other gaming ecosystems in the future. Game Dollar will be used to power Playtron’s GameOS, aiming to unify gaming ecosystems across platforms, where gaming economies remain mostly siloed.”

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Pinterest Updates Visual Search With More AI-Powered Features

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Yahoo! Finance reports: “Pinterest is upgrading its visual search feature with a handful of new capabilities. On Monday, the company announced it’s rolling out new functionality to improve its feature that allows users to search using an image instead of text. This includes new tools to more precisely narrow and refine searches, as well as those that make visual search more accessible across Pinterest’s website.”

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