Warner Bros. explores immersive AR/VR experiences in new partnership with Cityneon Group

Key Signals in Media & Entertainment

Centre set up and Expansion
Lego to build a new factory in Asia to meet rising demand
The new factory in Vietnam will make products for customers in India, Indonesia, and the Philippines, while the company’s existing factory in China will cater to customers in that nation. Lego has seen double-digit growth in Asia since 2019 and has opened dozens of new stores across China in recent years. Read More>>
Playtika opens a new studio in Switzerland
The Lausanne office will focus on developing Natural Language Processing (NLP) tools to enhance the personalization of player interaction elements across its portfolio. Additionally, the office will research Green AI to decrease its carbon footprint of AI computations. Read More>>
Edelman to develop Neom’s Tonomus tech brand
Edelman has signed a six-month contract worth USD 1.3 Mn to launch, build and maintain the Tonomus brand, which is the digital & technology trademark of Saudi Arabia’s USD 500 Bn NEOM city of the future project. Read More>>
Amazon Prime Video enters the Indian cricket market
The multi-year deal covers men’s and women’s Tests, ODIs, and T20s played in New Zealand. In addition to the live broadcasts, there will be cricket-related programming and highlights available around matches, and highlights of the most recent games will be made available shortly after they end. Read More>>
AMC Networks Partners with M7
As part of an expanded new multi-territory cooperation, subscribers of M7 Group’s TV platforms in Hungary, Czech Republic, Slovakia, and Romania will get access to enriched VoD content related to the flagship channels of AMC, JimJam, Minimax, Spektrum and TV Paprika. Read More>>
Bloomberg’s data license content now available on AWS
Data license clients will now have the cloud-native ability to receive Bloomberg One Data content, including reference, pricing, and regulatory data, as well as research, corporate actions, and alternative data for over 50 million securities and 30 thousand fields. Read More>>
Mergers and Acquisition
Sony-owned Aniplex acquires Delightworks
As part of the acquisition, Delightworks will be spun off from the company and function as its own mobile development division as a wholly-owned subsidiary. Production will change hands as the leadership changes, but the games will continue to be developed by Delightworks. Read More>>
Randall-Reilly acquires Informa’s Asset Intelligence Business
The asset intelligence business, which includes the Equipment Watch, Price Digests, and FleetSeek brands, is an independent provider of intelligence, valuations, and benchmarks for construction equipment, commercial vehicles, and vehicle fleets in North America. Read More>>
Discovery World acquires a 70% stake in True Ally
Discovery World aims to expand its presence in the leisure industry beyond its businesses in the tourism sector. The company sees cryptocurrency and NFT as a “fast-growing sector.” True Ally will be focusing first on dipping into the blockchain gaming ecosystem. Read More>>
Executive Movement
Dentsu International names new CEO In Thailand
Dentsu has appointed Sanjay Bhasin as CEO of Dentsu Thailand in addition to his role as CEO of Dentsu Vietnam and Myanmar. The move follows the retirement of Khun Amornsak Sakpuaram, CEO of Dentsu Thailand and executive chairman of Dentsu MB Thailand, who will assume an advisory role from January 1 until the end of Q1. Read More>>

Latest Industry Insights from Draup Braindesk

Company Name: Thomson Reuters 

  • Keen on developing a digital learning portal that enables professionals to access a high level of regulatory and compliance training. 
  • Bengaluru Area (India) serves as the critical location for Thomson Reuters with the focus on Software Testing and Application Development & Maintenance-related engagements. 
  • Application Development & Maintenance is the highly outsourced segment and holds approximately 38% of the total outsourcing headcount. Tech Mahindra is the critical strategic outsourcing partner for Thomson Reuters 
  • Partnered with AWS, a Managed Service Provider, to accelerate large-scale cloud migration, innovation, and Machine Learning adoption across the company. 
  • Launched ID Risk Analytics that allows state agencies to capture anomalies and detect fraud before paying out in taxpayer dollars. 



Key Funding Alert

Yelp announces USD 100 Mn investment in JPMorgan Empower Share Class 
Yelp Inc. displayed its commitment to support racial equity by depositing USD 100 Mn in the JP Morgan Empower money market share class, which aims to bring new economic opportunities to underserved communities, specifically supporting the initiatives of Black-owned banking institutions. Read More>>

Startup Spotlight

Company – 
Total Funding – USD 13.49 Mn
About: Sounder. fm is a platform that helps audio creators manage, market, and measure their audio content. Sounder offers free hosting, transcription, Pinpoint Audio Search, and analytics to help users grow their audience. Read More>>

Latest Reports Published in Draup

Dentsu Inc Account Intelligence Report: Dentsu Inc mainly focuses on developing marketing solutions using AI-driven banking technology platforms to provide more sophisticated solutions to clients across multiple markets. Read More>>
Media and Entertainment Industry Analysis Report: The Media & Entertainment Industry adjusts to new technological deployments while attracting customers and remaining relevant in the current environment. The industry is undergoing a significant transformation while attempting to balance traditional and modern practices. Read More>>

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