MediaKind and Net Insight Join Forces on End-to-End Distribution Solution
Key Signals in Media & Entertainment
Center Setup & Expansion Netflix Plans Africa expansion after Hit series Blood and Water The company will invest in Africa and partner with local talent to appeal to the continent’s young and diverse population and provide a global platform to showcase their stories. Read More>> Capcom establishes State-of-the-Art Motion Capture Studios in Osaka, Japan These facilities will enable Capcom to create high-quality motion capture data for use in its future game development projects, ensuring more realistic and immersive gameplay experiences. Read More>> Huntington Town Planning Board approves plan to develop Indian Hills Country Club The Country Club development in Fort Salonga was approved despite local objections. The proposal includes the construction of 98 homes, with 45 of them as affordable housing. Read More>>Deals NeoGames amends and extends Caesars Entertainment deal NeoGames has extended its partnership with Caesars Entertainment to supply the company’s digital lottery platform in the US and Canada until 2026. Read More>> Zee Music extends agreement with YouTube and Meta As per the deal, users can access the entire catalog of Zee Music Company on YouTube as well as on Meta platforms like Facebook and Instagram. Read More>> Snapchat inks deal with music labels The new deal with the Universal Music Group, Warner Music Group, and Sony Music Entertainment will allow users to add licensed music to their snaps. Read More>>Mergers and Acquisitions IMG Arena completes Leap Gaming acquisition The move will enable IMG Arena to enhance its virtual sports offering and provide its customers with a more comprehensive range of products. No financial details were disclosed. Read More>> Sega to close the acquisition of Angry Birds maker Rovio for $1 billion The acquisition would bolster Sega’s presence in the mobile gaming market and give it access to Rovio’s IP, which includes several successful games and a forthcoming animated series. Read More>>Partnerships MediaKind and Net Insight join forces on end-to-end distribution solution The collaboration will combine MediaKind’s Cygnus Distribution solution with Net Insight’s Nimbra media network to enable customers to deliver high-quality live video over any network. Read More>> Animoca Brands signs a strategic advisory deal with Emergent Entertainment Animoca has signed the agreement with UK developer to help with the development and launch of Resurgence, its upcoming survival MMORPG. Read More>> Epic Games and Alliance Studios collaborate to bring Coachella Island to Fortnite The collaboration is part of Epic Games’ ongoing effort to create engaging and immersive experiences for Fortnite players and bring new and diverse content to the game. Read More>>Layoff Meta to lay off 10,000 employees in the second round of job cuts The move is part of the company’s restructuring efforts to streamline its operations and boost profitability. The layoffs have caused concern among employees, who fear further job cuts. Read More>>
Latest Industry Insights from Draup Braindesk
Paramount Global plans to use cloud production to transform video content production operations, bringing together end-user tools, production platforms, and workflow management into a scalable cloud.
Paramount live-streamed the premiere event of Paramount Pictures on YouTube, partnering with creators and offering subscribers exclusive behind-the-scenes moments.
Business Footprint Expansion:
Paramount Global aims to expand its services in Europe, including Germany, Austria, and Switzerland, offering unique content featuring global and local stories with celebrities.
Paramount Global plans to expand its pipeline of premium international originals and locally originated programming, in addition to global content for all audiences.
Pluto TV, a Paramount Company, launched in Nordics and Italy with a programming lineup featuring over 70 unique and locally curated channels.
Paramount Global should extend full app integration for its video-on-demand service, offering customers access to over 8000 hours of exclusive originals, blockbuster films, and iconic series.
Key Funding Alert
Netflix to Invest $2.5 Billion in South Korea
The company plans to establish a production hub in the country and has already signed several partnerships with Korean production companies. Netflix also aims to develop and train Korean creators and filmmakers to increase its original Korean content. Read More>>
Company – MOON Ultra Total Funding – USD 15 Mn About: MOON Ultra is focused on storytelling, empowering creators, and developing products that shine positivity on the world. Their flagship MOON Selfie Light, named in TIME’s Best Inventions of 2020 list, is a portable lighting solution that clips to any device. Read More>>
Latest Reports Published in Draup
Pinterest Account Intelligence Report
Pinterest focuses on enhancing live-streaming applications for video creators that allow video creators to go live on Pinterest with a multi-device setup for different camera angles. Read More>>
Here’s what’s new on our Sales Intelligence Platform Introducing outsourcing highlights
Experience an enhanced outsourcing section in the account profile of the Universe feature, with key highlights and a visually intuitive indicator for any new additions in the last 12 months
Introducing two more filters: Accounts and My Lists, to help you with search in the Signals section
Introducing JD Reader App to help you search job listings and get talent demand insights
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