Group Nine Media

crunchbase | October 08, 2019

Fresh off a $50 million funding round in September, Group Nine Media has acquired PopSugar, a woman-focused publisher and lifestyle brand. The terms of the deal were not disclosed, but the Wall Street Journal reported that PopSugar, a San Francisco company, was valued at $300 million through the purchase. PopSugar’s online network of websites — offering everything from fashion tips to entertainment updates — attracted venture capital interest from industry behemoths like Sequoi...

variety | January 13, 2020

Consumer spending on home entertainment rose 8.4% to a record $25.2 billion in 2019, spurred by the at-home sector’s biggest growth engine — digital, according to DEG: The Digital Entertainment Group. Subscription streaming, digital movie sales and digital movie rentals over the internet all generated significantly more money than they did in 2018, DEG says. The trade association estimates consumers spent $15.9 billion on subscription streaming, which now accounts for 63% of the enti...

contactmusic | January 13, 2020

In the world of digital entertainment, things are about to get a bit heated when it comes to television streaming services. Disney+, a revamped Apple TV, HBO Max and several others have jumped in (or soon will) to compete with Netflix, Hulu and Amazon Prime. It's been dubbed the 'streaming wars', and the fear is that it could get ugly, hurting both consumers and providers....

pocket-lint | January 13, 2020

This year will be huge for gaming, with cloud platforms growing or launching in the coming months, and not one but two next-generation consoles planned for the holiday season. The Xbox Series X and PS5 will be available in time for Christmas 2020, and that has us very excited indeed. However, it might also prevent people investing in current games machines on the build up, such as the excellent Xbox One X. Well, if you are planning to buy a games console in the next few months or already own an ...