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bizjournals | March 11, 2020
Consumers worldwide spent more than $100 billion watching movies in theaters and at home last year, marking the first time that the market has surpassed nine figures. Spending at the global theatrical box office and on home/mobile entertainment reached $101 billion in 2019, according to the annual THEME report from the Motion Picture Association (MPA). As previously reported, movie ticket sales in the United States and Canada were $11.4 billion, down 4 percent from the record high set in 2018, w...
BUSINESS
Electronic Arts & AT&T | September 20, 2021
Today, Electronic Arts ,AT&T and WarnerMedia announced the completion of EA’s acquisition of Warner Bros. Games’ Playdemic, Ltd. for $1.4 billion in cash, subject to customary purchase price adjustments.Playdemic is a premier mobile gaming company known for its award-winning game Golf Clash that allows players around the world to compete with each other in real time. With more than 80 million downloads globally to date, Golf Clash is one of the leading mobile games in the U.S. an...
venturebeat | January 24, 2020
The United States and China have agreed to wind down the foolish trade war that president Donald Trump started in late 2018. Last week, the two countries signed “phase 1” of a trade deal. That agreement includes an increase in U.S. exports to China and some mechanisms for potentially protecting intellectual property in China. But it’s maybe more important to Sony, Microsoft, and Nintendo because it gives some assurance that the U.S. won’t enact new tariffs on video game c...
PRODUCTS
Jungo Plus & Xfinity | September 17, 2021
Jungo Plus, a direct-to-consumer streaming video app delivering free ad-supported television (FAST) channels and video-on-demand content, announced their partnership with Xfinity. Jungo Plus is immediately available to millions of Xfinity customers, bringing the most diversified offering of FAST channels and on-demand programming that includes movies, K-pop, combat sports, concerts, LGBTQ+ series and films, and popular international programming in more than ten languages. <...
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