Media.Monks, 4 Miles Analytics join forces to strengthen data and digital media capabilities
Key Signals in Media & Entertainment
Centre Setup and Expansion Riot Games to launch LA’s first technology & entrepreneurship center Riot will contribute USD 2 Mn to help with the buildout and operation of SoLa’s Technology and Entrepreneurship Center, which is designed to help provide free technology education to the community of South Los Angeles. Read More>>Partnerships Microsoft unveils accelerator for startups that use technology to help the planet Microsoft is looking for UK startups tackling environmental challenges to join its new accelerator program, launched in partnership with The Met Office and Social Tech Trust. Read More>> Google and Verizon partnering on 5G mobile computing The two companies will develop a public 5G mobile edge computing solution that will enable enterprise developers to build and deploy applications. Read More>> NBCUniversal, RTL AdConnect join forces to grow advertising in key markets The bilateral, international partnership between the leading entertainment provider and the international advertising sales house of RTL Group is designed to open new advertising opportunities for marketers across the US, Europe, and Asia. Read More>>Mergers and Acquisition SiriusXM buys music for business service Cloud Cover Music Cloud Cover Music now joins SiriusXM Music for Business and Pandora for Business in SiriusXM’s commercial music portfolio. Together these services provide comprehensive and complementary offerings for businesses of all sizes. Read More>> Media.Monks strengthens data capabilities with 4 Mile Analytics Merger The merger will see the Californian-based data consultancy join the holding company S4 Capital’s fold to bring in its analytics capabilities—as well as data engineering, governance, software engineering, UX design, and project and product management services. Read More>> Flutter Entertainment acquires online bingo operator Tombola The UK gambling giant revealed that it has received all necessary regulatory confirmations to finalize the acquisition of Tombola. Read More>> Tencent to buy Xiaomi’s Black Shark Gaming division for USD 470 Mn The new deal with Black Shark will focus on cooperation in the field of gaming phones with the end goal of giving users an improved mobile gaming experience. Read More>>Executive Movement Dentsu UK appoints Carat veteran as a chief operating officer of media Dentsu UK and Ireland has recruited Mark Hughes as a chief operating officer, media. Hughes will join the Dentsu media team and report to Hamish Nicklin, chief executive of media for Dentsu UK and Ireland, and Dentsu International’s global chief operating officer. Read More>> Zee Entertainment appoints Amrit Thomas as chief data officer In his new role, Thomas will report to Nitin Mittal, President – Technology & Data, ZEE, and will be based out of the technology and innovation center in Bengaluru. Read More>>
Latest Industry Insights from Draup Braindesk
Company Name: Verizon
Focuses on expanding 5G networks to provide fast and high-capacity connectivity to customers and new opportunities to automate processes across enterprises.
Keen to develop a 5G contactless payments service for consumers and small and medium-sized businesses and provide a touchless retail experience by using smartphones, smartwatches, and other personal devices as points of sale.
Product Engineering Service is the highly outsourced segment, holds approximately 68% of the total outsourcing headcount. Cognizant is the critical strategic outsourcing partner for Verizon.
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Key Funding Alert
Nexon makes USD 400 Mn investment in artist-led company AGBO
The agreement will accelerate the expansion of Nexon’s existing and new franchise intellectual property (IP) in film and television and support AGBO’s development, production, and ownership of tent pole-led entertainment universes appealing to worldwide audiences, including via games and Virtual World experiences. Read More>>
Startup Spotlight
Company – MediaWallah Total Funding – USD 3.3 Mn About: MediaWallah provides innovative identity-by-design solutions for the world’s largest brands, publishers, platforms and agencies. It is trusted across the industry to deliver a premium, independent solution that provides agility and performance. Read More>>
Latest Reports Published in Draup
Verizon Account Intelligence Report: Verizon focuses on a private edge compute solution that harnesses 5G to provide enterprises with lower lag time and high bandwidth needed for demanding applications, such as augmented and virtual reality and machine learning. Read More>>
Thomson Reuters Account Intelligence Report: Thomson Reuters focuses on providing two best-in-class solutions for digital payments and practice management accessible to all lawyers and leading law firms. Read More>>
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