Facebook’s VR sales have finally taken off

| November 1, 2019

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Facebook is finding a surprising new revenue source, a world away from the scandal-fraught businesses it traditionally relies on. The company’s non-advertising revenue jumped to $269 million during the third quarter, Facebook noted in its earnings report Oct. 30. That’s a 43% increase year-over-year, and while ad sales still account for 98% of Facebook’s total revenue, the company’s other business lines are growing again. The revenue is coming from strong sales of Oculus Quest, one of Facebook’s VR headsets, of all places. Indeed, on a quarterly basis, it appears VR sales have helped lift the company’s non-advertising revenue to its previous heights, which had once been supported by virtual currency sales for Facebook games like Farmville and Mafia Wars.

Spotlight

Ledafilms S.A.

Launched in July 1974 in Argentina by Pedro Felix Leda, Ledafilms S.A. is recognized as one of the leading media companies in Latin America, with offices in Buenos Aires and Los Angeles (through its subsidiary Independent International Television, Inc.)A few months after Ledafilms was launched, the company was appointed by Twentieth Century Fox International TV as its sales agent for Argentina, Uruguay, Bolivia and Paraguay. The company worked with Fox for 22 years, up until 1996. In 1998 Ledafilms was appointed sales agent for DreamWorks SKG, a relationship which continued for 17 years, including from 2006 to 2015 when DreamWorks had been acquired by Paramount Pictures. At that time, Ledafilms became sales agent as well for Paramount Pictures for the next 9 years. During the same time period, the company continued to expand its independent library. When Lucasfilms decided to produce an animated spin-off of the “Star Wars” saga, they appointed Ledafilms in 2011 as their exclusive Lati

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Article | March 19, 2020

Considering Atlanta is known for its status as a burgeoning entertainment capital, it’s no surprise that the city boasts a large number of gaming professionals. According to reports, the video game market in America was estimated at $17.69 billion in 2016, with the global market valued at $75 billion that same year. Esports in particular have increased in popularity, leading to the rise of games like “Fortnite,” “League of Legends” and “Overwatch.”

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Article | March 19, 2020

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Article | March 19, 2020

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Spotlight

Ledafilms S.A.

Launched in July 1974 in Argentina by Pedro Felix Leda, Ledafilms S.A. is recognized as one of the leading media companies in Latin America, with offices in Buenos Aires and Los Angeles (through its subsidiary Independent International Television, Inc.)A few months after Ledafilms was launched, the company was appointed by Twentieth Century Fox International TV as its sales agent for Argentina, Uruguay, Bolivia and Paraguay. The company worked with Fox for 22 years, up until 1996. In 1998 Ledafilms was appointed sales agent for DreamWorks SKG, a relationship which continued for 17 years, including from 2006 to 2015 when DreamWorks had been acquired by Paramount Pictures. At that time, Ledafilms became sales agent as well for Paramount Pictures for the next 9 years. During the same time period, the company continued to expand its independent library. When Lucasfilms decided to produce an animated spin-off of the “Star Wars” saga, they appointed Ledafilms in 2011 as their exclusive Lati

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