Archive for category: games

MLB Inks $600 Million Pact with NHL to Handle TV, Streaming Distribution
/ August 5, 2015 10:23 am
MLB Inks $600 Million Pact with NHL to Handle TV, Streaming Distribution

Variety reports "Under the terms of the pact, MLBAM will pay the NHL about $100 million per year for the rights to distribute the league’s out-of-market telecasts, including the NHL GameCenter Live and NHL Center Ice subscriptions services, in the U.S. and certain international markets. The NHL will receive an equity stake in MLBAM of between 7% and 10%.". Read More

Alibaba will spend $1B to expand its cloud in Japan, Europe, and the Middle East
/ July 29, 2015 6:36 pm
Alibaba will spend $1B to expand its cloud in Japan, Europe, and the Middle East

VentureBeat reports "Chinese e-commerce company Alibaba today announced plans to spend $1 billion on its Aliyun public cloud. The money will cover the costs of setting up new data center infrastructure in Japan, Singapore, Europe, and the Middle East, according to a statement on the news.". Read More

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Nintendo had its best fiscal Q1 since 2012 as it beats analyst expectations
/ July 29, 2015 6:28 pm

VentureBeat reports "This morning, the publisher reported the results of the first quarter of its fiscal 2016, which represents the three months ending on June 30. And the company revealed that it generated more than $729 million (90 billion yen) in sales. That is up from $603 million (75 billion yen) during the same period last year.". Read More

Xbox One’s resurgence is great for the industry
/ July 27, 2015 5:51 pm
Xbox One’s resurgence is great for the industry

Gamesindustry.biz reports "As Microsoft turns even more sharply towards enterprise, the console's bullish performance helps to secure its future within the company.". Read More

DraftKings Brings In $300 Million Led By Fox Sports
/ July 27, 2015 5:44 pm
DraftKings Brings In $300 Million Led By Fox Sports

Forbes reports "Daily fantasy sports operator DraftKings is expected to announce today the raising of $300 million in a new round led by Fox Sports. The new raise will increase overall third party investment in DraftKings to $426 million.". Read More

China Entertainment Stocks Hit as Market Has Biggest Drop Since 2007
/ July 27, 2015 5:37 pm
China Entertainment Stocks Hit as Market Has Biggest Drop Since 2007

The Hollywood Reporter reports "The Chinese government's attempts to calm the country's volatile stock markets appeared to have failed as stock prices on the Shanghai, Shenzhen and Hong Kong exchanges plummeted on Monday after a recent market rebound.". Read More

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Razer confirms it has acquired Ouya’s software assets, founding CEO departs
/ July 27, 2015 5:28 pm
Razer confirms it has acquired Ouya’s software assets, founding CEO departs

VentureBeat reports "The gaming hardware company confirmed today that it had purchased Ouya’s software assets. Ouya was a Kickstarter success story that created a microconsole that allowed players to download more than 1,124 Android games. We originally reported that Razer acquired Ouya last month (which an investment bank confirmed), saying it would cost Razer $10 million to buy the struggling company.". Read More

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