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Tencent Joins Forces with GroupM & Dentsu in Ground-breaking Digital Ads Partnership

Key Signals in Media & Entertainment

Partnerships
Salesforce and Deloitte Digital Announce New AI Partnership
Salesforce and Deloitte Digital collaborate to help global businesses deploy trusted AI for CRM. Deloitte Digital brings AI services, industry expertise, and data protection knowledge to implement and scale AI Cloud. Read More>>
Tencent announces joint digital ads partnership with GroupM & Dentsu
The partnership aims to leverage Tencent’s ecosystem for content creation, data-driven decisions, and co-creation, enabling global advertisers to drive growth with collaborations. Read More>>


Deals
ABS-CBN renews its 5-year agreement with TV5
This continued partnership between TV5 and ABS-CBN underscores TV5’s commitment to delivering diverse, captivating content for Filipino audiences nationwide. Read More>>
Inspired Entertainment extends contract with bet365
Inspired will supply bet365 with its most recent products, including licensed games, giving bet365 the advantage of having the material for its Virtual Sports services. Read More>>


Merger and Acquisition
Scopely acquires Tag Games
Scopely acquires mobile game developer Tag Games, expanding its offerings and welcoming 60 employees. Tag Games has developed titles such as Pocket Mortys, CSR2, and Angry Birds Action. Read More>>


Executive Movements
Sinclair Broadcast Names Kevin Dunaway as VP/General Manager of WSMH in Michigan
Dunaway moves to Sinclair from Syncbak/VUit, where he served as VP of Affiliate Relations and Content. Before that, he was VP and General Manager at Heritage Broadcasting in Cadillac, MI. Read More>>
Sony Music Hires Geoff Taylor as Executive VP of AI
Taylor, the former CEO of BPI, will lead Sony’s AI initiatives, coordinating efforts across digital business and legal affairs divisions, emphasizing the importance of AI in shaping the future. Read More>>


Product Launch
Spotify launches platform for tracking the growth of Afrobeats
Spotify launches Afrobeats: Journey of a Billion Streams, a dedicated website tracking the growth of Afrobeats and promoting the genre as a cultural export. The platform will feature data, infographics, and visuals, providing biweekly updates to educate listeners on new Afrobeats moments. Read More>>

Latest Industry Insights from Draup Braindesk

AI Solutions

  • Deloitte advances AI capabilities through its new AI practice, helping clients harness generative AI and foundational models.  
  • The company accelerates AI solutions for dynamic fleet routing and dispatch optimization, ensuring faster delivery and customer satisfaction.

Innovative Center Development

  • Deloitte accelerates innovation centers, providing unique digitally focused services that reinforce business commitment and enable international development.  
  • The centers leverage end-to-end digital capabilities, expanding Deloitte’s service capability to meet client demand.

Services Expansion

  • Deloitte expands services to help clients in banking, capital markets, insurance, and healthcare leverage technology to solve complex problems and meet regulatory frameworks.
  • The company strengthens services to empower customers in capitalizing on distributed ledger technologies, propelling the industry forward.


Key Funding Alert

Netflix is investing $2.5 billion in South Korean content
Netflix invests $2.5 billion in South Korea to boost content production and support local businesses. The country is known for supplying popular series and movies to Netflix, such as Squid Game. Read More>>

Startup Spotlight

Company – Substack
Total Funding – USD 85.71 Mn
About: Substack simplifies starting a profitable email newsletter for writers. They offer specialized web and newsletter publishing tools designed for paid subscriptions. Substack provides user-friendly editing software for simultaneous story and newsletter publication and intuitive payment options. Read More>>

Latest Reports Published in Draup

Hearst Communications Inc. Account Intelligence Report
Hearst Communications prioritizes strengthening its digital media and luxury services through platform expansion, online content distribution, and utilization of digital technologies. Read More>>

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