This week in Media & Entertainment: Firms on an acquisition spree for capability expansion

Epic Games To Purchase Facial Animation Startup Hyprsense  
The acquisition is aimed at putting a gamer’s facial expression directly onto a videogame character using a simple webcam. Read More>>

Spotify Broadens Its Portfolio, Acquires Megaphone
The acquisition further tightens Spotify’s grip on the growing podcast industry by extending SAI’s (Streaming Ad Insertion) targeting. Read More>>

Buzzfeed Acquires Huffpost From Verizon Media  
The deal also includes an agreement to syndicate content between the two companies while collaborating on advertising and creating a joint innovation group to explore other monetization opportunities, hoping to compete with Facebook and Google for advertising revenue. Read More>>

Extreme E Appoints Telescope As Engagement Partner  
The partnership will see Telescope delivering unique voting solutions across the Extreme E website, Twitter, Facebook and YouTube, with similar plans to expand into streaming platform Twitch. Read More>>

India Accelerator (IA) And PVR Cinemas Join Hands To Mentor Startups In The Media And Entertainment Space 
The collaboration will look for startups working in the field of cinema or movie theatre-based gaming, events, classrooms, conference booking, and planning. Read More>>

Maria Grachnova Moves In As The New CEO Of Dentsu Romania 
Răzvan Varabiescu, CEO of Dentsu Romania, will be stepping down from his role to pursue new challenges. Maria Grachnova, currently CEO of Dentsu Bulgaria, will also take the responsibility of CEO of Romania affiliate of the company. Read More>>

Comcast Promotes Rich Jennings To President Of Comcast Cable’s West Division 
He succeeds Steve White, who after 18 years in operations at Comcast Cable, has stepped down to become President, Special Counsel to the CEO of Comcast Cable. Read More>>

Tencent Cloud Tech To Support Blockchain Digital Records For Travel Amid COVID-19
The blockchain-based platform will be used as a stepping stone towards making the travel and tourism industry get back on its feet. Read More>>
Headlines From The Startup World
Startup Spotlight
Latest Insights & Reports
Videotron Account Intelligence Report: Videotron serves 1,830,4000 cable television customers, including 1,517,000 digital cable subscribers and has more than 1,408,200 high-speed cable internet subscribers. Read the full report here. 
Xplornet Communication Account Intelligence Report: Xplornet Communication has focused its initiatives on 5G wireless broadband, fibre optic network, and hybrid wireless network improvement strength. Read the full report here. 
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