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Chernin Entertainment Signs First-Look Deal With Netflix

Posted: 04-08-2020 | Author: Staff Report
Variety reports: “Chernin Entertainment has signed a first-look deal for feature films with Netflix. The companies confirmed the deal on Tuesday. Chernin’s previous first-look deal had been through 20th Century Fox, but that agreement went away earlier this year after Disney absorbed the Fox feature film operations last year.” Read more

N3twork announces $50 million fund to grow mobile games

Posted: 04-08-2020 | Author: Staff Report
VentureBeat reports: “N3twork, the maker of the popular Legendary: Game of Heroes mobile title, has launched a $50 million fund to help third-party games grow their businesses with user acquisition, engagement, and retention techniques.” Read more

SeriesMania Reveals Viewing Figures for First Digital-Only Festival

Posted: 04-08-2020 | Author: Staff Report
The Hollywood Reporter reports: “SeriesMania is calling its first-ever virtual edition a “great success” after the French TV festival responded to the new coronavirus crisis by going online-only this year.” Read more

“Product Geek” Jason Kilar Brings Streaming Focus to Top WarnerMedia Role

Posted: 04-08-2020 | Author: Staff Report
The Hollywood Reporter reports: “The former Hulu chief is known as a firebrand who’s attentive to user experience on direct-to-consumer platforms.” Read more

Embracer Group raises $164m for acquisition and expansion

Posted: 04-08-2020 | Author: Staff Report
Gamesindustry.biz reports: “Embracer Group has raised SEK 1.64 billion ($164 million) through a directed share issue for investment and acquisitions.” Read more

What Will Entertainment Industry Schmoozefests Look Like In The Future?

Posted: 04-07-2020 | Author: Staff Report
Forbes reports: “The roster of cancelled industry schmoozefests amid COVID-19 is long: the film/tech/music festival South By Southwest, theater owners’ CinemaCon, the ad industry’s Cannes Lions, San Diego Comic-Con’s pop culture explosion, among much else.” Read more

Facebook Gaming launches Tournaments

Posted: 04-07-2020 | Author: Staff Report
The Verge reports: “Facebook Gaming is launching a feature today meant to bring people together virtually while they can’t be in the same place physically. It’s called Tournaments, and it does exactly what it says on the tin.” Read more

Gaming hours, spend, digital purchases up as COVID-19 keeps players inside

Posted: 04-07-2020 | Author: Staff Report
Gamesindustry.biz reports: “As more and more people are stuck inside due to the spread of COVID-19, those who already play video games actively are increasing their playing time, social play, and spend.” Read more

Quibi App Downloads on Launch Day Were 7.5% of Disney Plus’ Booming Debut

Posted: 04-07-2020 | Author: Staff Report
Variety reports: “Quibi’s first-day app downloads hit around 300,000, coming after months of steady hype surrounding Jeffrey Katzenberg’s ambitious mobile-only streaming service.” Read more

AT&T Unveils $5.5B Loan Amid Virus Crisis, Touts “Strength” of Subscription Businesses

Posted: 04-07-2020 | Author: Staff Report
The Hollywood Reporter reports: “WarnerMedia owner AT&T on Tuesday said it has struck a deal for a $5.5 billion loan, boosting its liquidity amid the coronavirus crisis. It also said it expects to be “sizing our operations to economic activity,” a sign of possible layoffs or reduced investment amid the crisis.” Read more