News

Sign up today for our Digital Media Wire daily news briefings here

Digital Media Wire

SVOD Revenue Across Mideast, North Africa to Triple by 2025: Study

Posted: 01-27-2020 | Author: Staff Report
Hollywood Reporter reports: “The subscription video-on-demand market is set to grow by more than $2.1 billion in the region, with Netflix subscriber figures more than doubling to 10 million, according to Digital TV Research.” Read more

Sky To Invest Up To $40M A Year & Launch Two New Channels In Major Premium Factual Push

Posted: 01-27-2020 | Author: Staff Report
Deadline reports: “Comcast’s British pay-TV broadcaster Sky is plotting a major return to unscripted television, with plans to invest around £30M ($40M) a year in the genre and launch two brand new channels.” Read more

How Social Media Is Helping Execs Bond With Artists — And Close Deals

Posted: 01-27-2020 | Author: Staff Report
Billboard reports: “In early 2019, Columbia Records chairman/CEO Ron Perry DM’d Lil Nas X on Instagram. The rising artist wasn’t responding to Columbia’s A&R team, but he quickly hit Perry back — he liked the look of his feed. By March, the rapper signed to the label.” Read more

Disney reportedly closing down Fogbank Entertainment

Posted: 01-27-2020 | Author: Staff Report
Gamesindustry.biz reports: “Reports have emerged that Disney-owned mobile developer Fogbank Entertainment has shut down. The studio, which created interactive fiction outing Storyscape, will be laying off its entire staff, according to GamesBeat. This is estimated to impact around 60 people.” Read more

Google will shut down App Maker on January 19, 2021

Posted: 01-27-2020 | Author: Staff Report
VentureBeat reports: “Google today announced it is killing off yet another service: App Maker, G Suite’s low-code environment for building custom business apps. Google App Maker will be “turned down” gradually this year and officially shut down on January 19, 2021.” Read more

YouTube is using massive e-sports leagues to take on Twitch in big live-streaming bet

Posted: 01-27-2020 | Author: Staff Report
The Verge reports: “Amazon’s Twitch, Microsoft’s Mixer, and Google’s YouTube are all in the middle of individual creator wars, placing million-dollar bets on the biggest gaming streamers in the space. Now, YouTube is trying to corner another market in the space: e-sports.” Read more

How The Vinyl Resurgence Is Impacting Film and TV Score Sales

Posted: 01-24-2020 | Author: Staff Report
Billboard reports: “In late December 2019, for the first time since Nielsen Music began electronically tracking music sales 29 years ago, vinyl albums surpassed 1 million copies in a single week. Among those most eager to capitalize on vinyl’s resurgence: the creators of film and TV scores and soundtracks.” Read more

More developers are making games for next-gen consoles than streaming services

Posted: 01-24-2020 | Author: Staff Report
The Verge reports: “Sony and Microsoft’s next-gen consoles are both expected to launch later this year, and developers are gearing up with new games. According to GDC’s new annual survey, developers are more likely to be working on a game for the PlayStation 5 or Xbox Series X, previously known as Project Scarlett, than game […]

ProGuides raises $5 million in seed funding for its esports training platform

Posted: 01-24-2020 | Author: Staff Report
VentureBeat reports: “ProGuides announced today that it has secured $5 million in seed funding. ProGuides offers esports training via online courses, videos, and coaching. It helps players with popular games like Super Smash Bros. Ultimate, Fortnite, Hearthstone, and League of Legends.” Read more

Executive Turntable: Moves at Warner Records, Big Machine, Los Angeles Philharmonic & More

Posted: 01-24-2020 | Author: Staff Report
Billboard reports: “Gail Samuel has been promoted to president of the Hollywood Bowl and chief operating officer of the Los Angeles Philharmonic Association, it was announced Wednesday (Jan. 22) by LA Phil chief executive officer and David C. Bohnett chief executive officer chair Chad Smith.” Read more