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FanAI raises $2.5 million to use AI to monetize esports audiences

Posted: 02-22-2018 | Author: Staff Report
Venture Beat reports: “FanAI has raised $2.5 million in seed funding for its platform that uses artificial intelligence to monetize esports fans. Esports ventures are getting a lot of funding these days, and market researcher Newzoo believes esports will grow to $1.5 billion to $2.5 billion in 2020. Santa Monica, California-based FanAI figures out the value of fan […]

Studios Must Face Trimmed Lawsuit Over CG Characters in Blockbuster Movies

Posted: 02-22-2018 | Author: Staff Report
The Hollywood Reporter reports: “Disney, Fox, and Paramount got a mixed decision on Wednesday in a case that tests Hollywood’s liability for using a technology determined to be stolen to create photorealistic computer graphic effects in huge films including Guardians of the Galaxy, Deadpool and Night at the Museum.” Read more

Amazon Sets Spanish-Language Content Pact With Televisa

Posted: 02-22-2018 | Author: Staff Report
Variety reports: “Amazon Prime Video habla español. The streaming giant is making its first foray into original production in Latin America by inking a multi-series pact with Televisa and its new premium content unit, Televisa Alternative Original. TAO will develop, produce and distribute the programming with a focus on multicultural characters and storytelling.” Read more

Warner Music Dominates Brit Awards 2018

Posted: 02-22-2018 | Author: Staff Report
Hypebot reports: “Warner Music UK is celebrating its most successful BRIT Awards ever with Its artists won six of the eleven awards (six of eight in UK categories) , more than any other music company. These awards follow a strong showing Warner Music at the Grammy Awards in New York last month.” Read more

Lionsgate’s Studio L Plans First Slate of Digital Films

Posted: 02-22-2018 | Author: Staff Report
The Hollywood Reporter reports: “Lionsgate has lined up its first slate of digital-first projects from its newly branded Studio L. This spring, the studio will debut three films meant to appeal to a millennial, digital-first audience, including a noir comedy starring Adam Pally, Rachel Bloom and Vincent Kartheiser. Studio L was established to develop a […]

Sports stars, franchises and Hollywood agencies are betting $38 million on an esports revolution

Posted: 02-22-2018 | Author: Staff Report
Tech Crunch reports: “What started with an esports team is now quickly becoming an esports empire, backed by some of the biggest names in sports and money managers for entertainment family dynasties and Hollywood power brokers. Vision Esports LP, the esports conglomerate launched by Stratton Sclavos, Rick Fox and Amit Raizada has just closed on […]

Overwatch League will reward Twitch viewers with tokens for in-game skins

Posted: 02-21-2018 | Author: Staff Report
Venture Beat reports: “Twitch announced today that a new program will give Overwatch League viewers tokens that they can use to buy team-based character skins inside Blizzard Entertainment’s popular shooter. Overwatch League is Blizzard’s giant esports initiative, pitting city-based teams from around the world in regular competition at its new complex in Los Angeles.” Read more

Duplass Brothers Sign 4-Film Deal With Netflix

Posted: 02-21-2018 | Author: Staff Report
The Hollywood Reporter reports: “Indie filmmaking stalwarts Jay and Mark Duplass have signed a four-picture deal with Netflix that will begin with an untitled project starring Ray Romano to be released later this year. The brothers join Netflix early-adopter Adam Sandler, who signed a four-film deal with the streamer in 2014, later extending his deal in 2017 for another […]

Qualcomm announces new Snapdragon 845 VR reference headset

Posted: 02-21-2018 | Author: Staff Report
The Verge reports: “Qualcomm has revealed a new reference design for a Snapdragon 845 VR headset today. The headset uses the similarly named mobile Snapdragon 845 system architecture that the company announced last month, which can be used for VR and AR. The Snapdragon 845 headset is capable of displaying two 2400 x 2400 pixel screens at 120 frames per […]

Vox Media Lays Off 50 Staffers, or 5% of Workforce

Posted: 02-21-2018 | Author: Staff Report
Variety reports: “Digital-media company Vox Media is pink-slipping about 50 employees, as it winds down certain initiatives including in online video. The cuts, which affect around 5% of its employee base, were announced in a memo from Vox Media CEO Jim Bankoff to staff Wednesday. In addition to the 50 staffers being let go, about a dozen others will […]