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Capcom to harness Google Cloud’s secure and scalable infrastructure to secure game launches

Key Signals in Media & Entertainment

Partnerships
WWE announces merchandise partnership with The NFL
NFL Legacy Championship belts bearing the logos of all 32 NFL clubs were produced in collaboration between WWE and the NFL, improving the selection of items available to fans across several channels. WWE frequently presents personalized title belts to medal-winning teams all across the world. Read More>>
CAPCOM and Google Cloud team up to strengthen the reliability of service game
To launch profitable and flawless video games, Google Cloud works with CAPCOM, as seen in the launch of Street Fighter 6, which generated over two million sales globally. With Google Cloud, CAPCOM can manage live game workloads on a global scale while assuring dependable and consistent gameplay everywhere. Read More>>
Hölle Games powers two ZEAL Network Brands in Germany
In a partnership with the German ZEAL Network, Berlin’s Hölle Games provides games for Tipp24 and LOTTO24, expanding the online gambling experience with appealing games designed for German players and accelerating ZEAL’s iGaming expansion. Read More>>


Executive Movements
Stylework appoints Vishal Narvekar as CPO
Vishal Narvekar was hired by Stylework Innovation Hub Pvt Ltd as its Chief Product Officer. making use of his 16 years of product management and design knowledge from organizations like Honeywell and Johnson Controls. Read More>>
Netflix appoints Jeremi Gorman as President, of Worldwide Advertising
Jeremi Gorman, who was previously Snap Inc.’s Chief Business Officer and has extensive experience in the field of digital advertising, has been named President of Worldwide Advertising at Netflix. Gorman’s hiring is a calculated effort to improve Netflix’s advertising capabilities and take advantage of its sizable user base. Read More>>


Mass Hiring
Galaxy Entertainment revenue rises Q2; to add 1,100 local jobs
Following a robust Q1 revenue gain of 257% to HK$ 8.7 Bn (US$ 1.1 Bn), Galaxy Entertainment Group announced plans to create 1,100 new local employees as part of its recruitment campaign for the year. The business also announced a special dividend of HK$ 0.2 per share that will be paid on October 27. Read More>>


Layoff
Times Internet lays off over 100 employees, amidst efforts following Jain Brothers’ split
Following an internal reorganization brought on by the partition of assets between the Jain brothers, who manage various parts of the company, Times Internet has laid off about 5% of its workers. The goal of this change is to cut expenses and streamline processes. Read More>>
Ross Video cutting 9% of its workforce
Ross Video is reducing employment globally by 9%, which will affect its Ottawa and Iroquois locations. The decision, which will result in the loss of 140 positions out of the company’s 1,400 employees worldwide, is the result of slower growth than anticipated in 2023. Read More>>


Product Launch
TuneFab launched Spotify Music Converter V3.1.19 to batch Spotify playlists download
The updated version of TuneFab’s Spotify Music Converter includes new features like support for video podcasts and better format options, as well as batch playlist downloads that are 35X faster thanks to improved hardware acceleration. Read More>>

Latest Industry Insights from Draup Braindesk

Global Entertainment Expansion
  • Sky is focusing on Sky Stream, which allows for the best entertainment to be streamed directly to any TV via Wi-Fi without the need for installation or a dish and will make it easier to watch TV series.  
  • Sky Max launches Game4Ukraine in the UK and Ireland to bring the football community and communities outside together in the face of difficulty, promote hope, and rebuild essential educational resources. 
  • Sky adds music apps to Sky Glass, Sky Stream, and Sky Q platforms, offering millions of songs, playlists, and latest releases and users can access a wide range of curated playlists for seamless entertainment.  
  • Sky introduces VIP lounges at various arenas across the UK, that offer dedicated entrances, customer check-in, and private areas to relax and dine, for Sky customers to enjoy before arena shows.
Digital Hub and Home Protection Service
  • Sky launches Sky Up Digital Hub, which provides access to digital gadgets, free Sky Wi-Fi, and frequent volunteer-led digital skills classes to over 1000 local citizens.  
  • Sky introduces digital media training that gives participants practical, hands-on experience producing digital media content while working and also presents chances for peer networking and career coaching.  
  • Sky Mobile provides connected laptops with their own SIM plan and data allowance, allowing customers to stay connected without tethering or relying on Wi-Fi hotspots.  
  • Sky launches smart home protection service, offering comprehensive home insurance and a suite of smart home tech, including a video doorbell, indoor camera, and motion sensor to make home protection easier and more convenient for customers. 

Key Funding Alert

Krafton to infuse US$ 150 Mn into Indian gaming startups bolstering
The gaming industry’s growth will be accelerated by Krafton’s promotion of innovation. The investment will support businesses in game development, e-sports platforms, content creation, and gaming technology by leveraging India’s sizable player base and expanding the gaming community. Read More>>

Startup Spotlight

Company – FZ Sports
Total Funding – USD 74 Mn
About: FZ Sports leverages technology and innovative business models to optimize the sports value chain, reinventing the way rights holders, brands, and fans connect and engage. It wants to be a destination for digitally engaging with and monetizing sports content. Read More>>

Latest Reports Published in Draup

Foxtel Account Intelligence Report
Foxtel offers platform solutions and launches various sports for sports subscribers with ESPN’s best-in-world sports programming on Foxtel and Kayo Sports and enhances the established measurement and reporting to Foxtel Go and Foxtel Now. Read More>>

Here’s what’s new on our Sales Intelligence Platform
Introducing personalized Braindesk landing page

  • Experience the new personalized BrainDesk landing page
  • Now you can easily filter courses in Reskilling based on difficulty levels to prepare a personalized learning plan
  • Introducing a breakdown of IT spending by category, along with a forecast in Financials, enabling you to understand target account expenditure

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