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Netflix Media Production Suite ‘Democratises Access’ To Innovation

Posted: 04-01-2025 | Author: Staff Report
TVBEUROPE reports: “Netflix has developed a Media Production Suite to unlock innovation at a global scale. Intending to capitalise on the opportunities provided by cloud-based technologies and ongoing innovation across the industry, the Netflix Media Production Suite has been designed to unlock global talent pools for the company’s productions, said the company.” Read More

OpenAI’s New Image Generator Is Now Available To All Users

Posted: 04-01-2025 | Author: Staff Report
TechCrunch reports: “OpenAI’s new image generator, powered by its GPT-4o model, is now available to all users, CEO Sam Altman said in a post on X. The feature was until now available only to paying users of ChatGPT. While it is not clear how many images users on the free tier can generate, Altman last […]

YouTube May Now Be Worth $550B And Its Revenue Could Soon Surpass Disney

Posted: 04-01-2025 | Author: Staff Report
The Hollywood Reporter reports: “By now everyone in Hollywood knows YouTube is a dominant player in the video ecosystem, but a prominent Wall Street analyst argues that YouTube still has a long period of growth ahead of it. MoffettNathanson’s Michael Nathanson writes in a March 31 note that YouTube should be officially crowned the “new […]

HYBE IM Nets $21 Million To Expand Publishing Business By Wielding The Power Of K-pop

Posted: 04-01-2025 | Author: Staff Report
Game Developer reports: “Astra: Knights of Veda and Dungeon Stalkers publisher HYBE IM has raised $21 million to accelerate its business by leveraging K-pop artist IPs. The company said interest in its upcoming MMORPGs Architect: Land of Exile and Arkheron also drove interest in the deal. HYBE IM is a subsidiary of Korean entertainment company […]

Roblox Announces New Ad Format, Google Partnership To Boost Advertising Business

Posted: 04-01-2025 | Author: Staff Report
Yahoo! Finance reports: “Roblox on Tuesday launched a new format of video advertising on its gaming platform and announced a partnership with Google to help boost the growth of its nascent ad business. Gamers can choose to watch video advertisement, up to 30 seconds long, in exchange for boosts, lifelines or resources in a particular […]

Venture Capital Firm Kameha Ventures Launches $27m Fund To Support European Game Start-Ups

Posted: 04-01-2025 | Author: Staff Report
Games Industry Biz reports: “Venture capital firm Kameha Ventures has launched a €25 million ($27m) investment fund to support game development in Europe. Backed by industry veterans, Kameha Ventures is focused primarily on backing AI, spatial computing, high-fidelity 3D, evolving monetization engines, and cloud gaming projects.” Read More

Nokia, Amazon Ink Patent Agreement For Tech Used In Prime Video Streaming Service, Devices

Posted: 03-31-2025 | Author: Staff Report
Media Play News reports: “Nokia March 31 announced a patent agreement with Amazon covering the use of Nokia’s video technologies in Amazon’s Prime Video streaming services and devices. The agreement ends all patent litigation between the parties, in all jurisdictions. The terms – including the financial terms – of the agreement were not disclosed.” Read […]

Revamped Plex App Is Live On Mobile

Posted: 03-31-2025 | Author: Staff Report
Cord Cutters News reports: “Users of the renowned media streaming platform, Plex, will notice a reimagined app experience. Whether you’re a long-time Plex user or a newcomer thinking about making the switch, this fresh design allows you to elevate your media consumption to new heights with a levy of accessible features.​” Read More

Pophouse Entertainment, The Firm Behind Abba Voyage, Closes $1.3bn Music Rights Buying Fund

Posted: 03-31-2025 | Author: Staff Report
Music Business Worldwide reports: “Pophouse Entertainment, the Sweden-based music investment firm co-founded by ABBA’s Björn Ulvaeus, has raised over EUR €1.2 billion (USD $1.3 billion) for its debut fund. The Stockholm-based company announced Monday (March 31) that Pophouse Fund I raised over €1 billion ($1.1 billion), reaching its hard cap and making it, Pophouse, claimed, […]

Amazon Unveils Nova Act, An AI Agent That Can Control A Web Browser

Posted: 03-31-2025 | Author: Staff Report
TechCrunch reports: “Amazon on Monday unveiled Nova Act, a general-purpose AI agent that can take control of a web browser and independently perform some simple actions. Alongside the new agentic AI model, Amazon is releasing the Nova Act SDK, a toolkit that allows developers to build agent prototypes with Nova Act.” Read More