This week in Media & Entertainment: Spotify unlocks a revolutionary listening ecosystem

Latest Industry Insights from Draup Braindesk

Interactive experiences around AR/VR and 3D based games and movies are key use cases.
  • Verizon in partnership with NFL, launched the Super Bowl Stadium App, which allows fans to watch instant replays from four different camera angles on their phones.
  • Sony has developed a 3D holographic display that utilizes light diffractions to create a virtual 3D image enabling overlay of digital objects in real-life environments.
Developed markets focus on advanced virtual experience while emerging markets focus on digital cinemas and mobile videos.
  • AT&T launches COM3000, next-gen video platform for Business video headend customers through easy customization.
  • Omnicom Media collaborated with Kenshoo to create Digital Centers of Excellence (DCOEs) that co-create effective media experiences across Amazon, Google and Facebook.

Latest Reports Published in Draup

Infosys – Communication, Media and Entertainment: Infosys helps communication services enterprises become more resilient with the LIVE enterprises framework. Read More>>
Amdocs – Communications, Media and Technology: Amdocs prioritizes CX and capacity expansion, particularly for data and content offerings to increase subscriber revenue. Read More>>

Key Funding Alert

Tencent backs digital rights startup Pex in $57M round

Pex describes its Attribution Engine as the “licensing infrastructure for the Internet,” bringing together the individuals and companies who own content rights, creators who might want to license and remix that content, the big digital platforms where content gets shared and the law enforcement agencies that want to monitor all of this.
Read More>>

Startup Spotlight

Company – Enklu
HQ Location – San Francisco Bay Area, United States
Total Funding – USD 2.61 Mn
About: Enklu is a location-based augmented reality platform for sharing in a new form of physically integrated art and entertainment. They provide venues with a ”just works” solution to deploy and operate first person narratives in AR headsets with stunning visuals and captivating interactivity.
Read More>>

Key Insights and Signals in Media & Entertainment

WWE announces new broadcast partnership with Talpa Network in the Netherlands
This new partnership allows WWE to expand its reach and deliver its unique blend of action-packed, family-friendly entertainment to WWE fans throughout the Netherlands. Read More>>
Butlin’s continues partnership with Hasbro
It will enable Butlin’s sites in Bognor Regis, Skegness and Minehead to access several Hasbro’s iconic characters, including Peppa Pig, and superheroes from PJ Masks, Nerf and Play-Doh. Read More>>
Getty images announced as official photography partner to the football association
Under the agreement, a bespoke ‘FA Collection’ will be launched on Getty Images’ industry-leading global platform. Read More>>
Mikkeller partners with Warner Bros. Consumer Products for Game of Thrones-inspired beer
This relatively new beer style is expressive without being too extreme and has been much hyped among microbreweries and beer enthusiasts in recent years. Read More>>
Microsoft and Thales work to automate satellite image processing
With Thales Alenia’s DeeperVision software, “images downlinked by Earth observation satellites can be immediately and systematically analyzed as soon as they are produced. Read More>>
Tierra Whack teams up with LEGO for new ‘Link’ video
Before creating “Link,” Whack sat down alongside children from ages 6-9 to build a myriad of objects out of LEGO bricks to inspire her innovative video. Read More>>
Verizon Media partners with Catalina to enable real-time decisioning for CPG Brands
Through this first-in-market integration with Catalina they are bringing together the power of Verizon Media’s first-party data with Catalina’s sales insights to provide validated omnichannel sales conversions influenced by true media exposure. Read More>>
Mergers and Acquisitions
Ubisoft acquires anti-cheat software developer GameBlocks
GameBlocks’ Fairfight anti-cheat engine operates in real time on servers to identify cheats quickly. Read More>>
Google quietly acquired Dysonics, a startup focused on 3D audio tech
Dysonics focuses on immersive 3D audio technology that captures and reproduces spatial sound, producing a sense of original hearing.
Read More>>
Modern Times Group’s acquisition of Ninja Kiwi
Ninja Kiwi’s acquisition adds an attractive portfolio of games within the tower defense genre – including the evergreen Bloons platform – and knowledge to MTG’s other games development and publishing studios. Read More>>
Spotify acquires Locker Room and announces plans for a new live audio experience
This acquisition builds on Spotify’s work to create the “future formats of audio” and accelerate Spotify’s entry into the live audio space. Read More>>
AT&T sells Chilevisión to ViacomCBS Networks International
The deal will expand its footprint in Latin America and add to its streaming business with a library – which includes sports, entertainment and news – and pipeline of Spanish-language content for Paramount+ and Pluto TV, strengthen and expand its presence in the Southern Cone of Latin America by creating an aligned commercial, content and distribution strategy. Read More>>
Microsoft buys speech recognition firm Nuance in a $16 billion deal
Nuance derives revenue by selling tools for recognizing and transcribing speech in doctor office visits, customer-service calls and voicemails. Read More>>
Executive Movement
Discovery+ poaches Facebook Watch unscripted boss Toby Faulkner
During his tenure at Facebook Watch, Faulkner launched originals including Red Table Talk, Peace Of Mind With Taraji and Post Malone’s Celebrity Pong League and recently shared details of the social network’s VOD service unscripted content strategy with TBI. Read More>>
Prabhakar Raghavan, Google’s head of search appoints new leads
Elizabeth Reid will lead core search experiences, Cathy Edwards to lead Apps, News Discover and Ecosystem efforts and Sissie Hsiao to lead Assistant.
Read More>>
Bonnier’s Perminder Mann joins The Youth Group’s Promise Council
Led by Jack Parsons, The Youth Group is a business that empowers young people in work. The organization also helps enterprises, government, and education to engage, recruit and support youth. Read More>>
Shutterstock names Meeckel Beecher as head of diversity, equity, and inclusion
Meeckel will advance Shutterstock’s global DEI strategy, to ensure the brand and product offerings are diverse and representative of its people and of the communities Shutterstock services globally.
Read More>>
Raketech eyes William Hill CEO as new chairman
Bringing considerable experience to the role, Ulrik Bengtsson has a bachelor’s degree in management from Dalhousie University in Canada and has held key positions at several major betting and gaming operators and media companies his career. Read More>>
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