Tencent Prepares for the International Expansion of its WeTV Service with NetRange Deal

Key Signals in Media & Entertainment

Centre Setup and Expansion
US gaming tech operator PointsBet opens European HQ in Dublin
The opening of the Dublin office marks the first operational presence of PointsBet in Europe. Its Dublin office currently employs 70 developers, quantitative analysts, and product managers, with plans to expand further over the next year. Read More>>
Tencent Video inks deal with Net Range Smart TV
NetRange, a global provider of white-labeled, turnkey Smart TV and OTT ecosystems, has been selected by Tencent Video to power the international expansion of its WeTV service by reaching new Smart TV and connected device users through the NetRange Smart TV App Store. Read More>>
BTS signs a multi-year deal with Disney Plus Hotstar
The two companies announced a global content collaboration that will see both companies working together to showcase creative excellence from South Korea’s music and entertainment industry to the world stage. Read More>>
Entain expands betting content deal with Australia’s Racing and Sports for five years
The deal will see RAS provide Entain with new thoroughbred content from major racing jurisdictions along with international greyhounds, enhanced by RAS Tech’s analytics data and live feeds. Read More>>
Boxxer secures MENA deal with MBC Group
MBC will broadcast Boxxer events exclusively in the region to its linear subscribers and via leading streaming service Shahid VIP. The deal will include live event broadcasts, including pre- and post-event coverage, and a range of complementary programming. Read More>>
Curiosity and iHeartMedia partner to launch Curiosity Audio Network
Curiosity’s first foray into podcasting, the Curiosity Audio Network will feature original content as well as podcasts to complement programming from Curiosity’s library of documentary films, shows and series. Read More>>
Mergers and Acquisitions
Spotify buys Heardle
Players will now have the option to listen to the full song of the day on Spotify after finishing the game, and Spotify plans to expand the number of languages and countries the game is available in. Read More>>
Synamedia acquires Quortex
With this acquisition, Synamedia will enhance its cloud Video Network capabilities, complementing its VIVID Workflow as-a-Service with a set of innovative solutions. Focus areas will include OTT content processing, disaster recovery, long tail content processing for large service providers, and live events. Read More>>
Executive Movement
Antenna Group names Edelman’s Eric Schoenberg as COO
As COO, Schoenberg will steer day-to-day business operations and evolve the agency’s growth strategy, while co-developing processes to positively impact employee experiences and client outcomes. Read More>>

Latest Industry Insights from Draup Braindesk

Key Funding Alert

Formula One invests USD 500,000 to support small businesses in Miami 
About: Formula One is collaborating with the Community Fund of North Miami Dade and the Opa-locka Community Development Corporation to help small organizations with technical assistance, subsidized interest rates on loans and a 10% forgiveness on some loans. Read More>>

Startup Spotlight

Company – Candivore
Total Funding – USD 22 Mn
About: Candivore is a game development startup that provides its users with a collaborative and open gaming environment. Candivore’s flagship game Match Masters, is an innovative multiplayer match 3 puzzle that is played by millions of players. Read More>>

Latest Reports Published in Draup

The Walt Disney Company Account Intelligence Report
Walt Disney Company focuses on tech-powered video production, immersive content, voice assistance, and content creation to enhance personalized customer experiences. Read More>>
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