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TENCENT MUSIC ENTERTAINMENT REVENUES JUMPED 34% TO $3.65B IN 2019

billboard | March 16, 2020

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Mostly unseen in the United States, Chinese music streaming company Tencent Music Entertainment continued to prove it’s a formidable force by improving revenues 34% to $3.65 billion (25.43 billion Renminbi) in 2019. Net income jumped 126.7% to $664 million. The worst weeks of the novel coronavirus in China came after the fourth quarter and full-year reporting period for the results announced Monday (March 16), but the global pandemic still loomed over an earnings call. “I wish you an...

Read More

MAINFRAME INDUSTRIES RAISES $8.3 MILLION FOR CLOUD-NATIVE GAMES

Mainframe | March 19, 2020

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Mainframe Industries has raised $8.3 million to develop cloud-native games in a financing led by Andreessen Horowitz, with additional investment from Riot Games.The Finnish-Icelandic gaming studio founded by former CCP, Remedy Entertainment, and Next Games veterans is developing an unannounced cloud-native massively multiplayer online game that is designed and built at Mainframe’s Helsinki and Reykjavik studios.“We are starting from the ground up with no legacy to constrain us, acros...

Read More

VIRTUALIZATION

SCIENTIFIC GAMES ACQUIRES SIDEPLAY ENTERTAINMENT

Scientific Games | August 23, 2021

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Scientific Games Corporation announced that it has signed an agreement to acquire Sideplay Entertainment, a leading digital "eInstant" content studio, to expand Scientific Games' portfolio of iLottery content and accelerate the global market penetration of its iLottery business, subject to final regulatory approval. The combination of Sideplay's innovative portfolio of digital games and agile content distribution technology with Scientific Games' iLottery platforms and digi...

Read More

VIRTUALIZATION

HALL OF FAME RESORT AND ENTERTAINMENT COMPANY PARTNERS WITH VENUETIZE TO DEVELOP HOFV-DEDICATED APP

Hall of Fame Resort | July 20, 2021

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Hall of Fame Resort and Entertainment Company, the only resort, entertainment and media company centered around the power of professional football and the owner of the Hall of Fame Village powered by Johnson Controls (the “Destination”), today announced it has selected Venuetize, leaders in mobile-first and advanced payment technology for the sports, hospitality, and entertainment industries, to develop a Destination-themed mobile app. The mobile app will provide guests with relevant...

Read More

billboard | March 16, 2020

news image

TENCENT MUSIC ENTERTAINMENT REVENUES JUMPED 34% TO $3.65B IN 2019

Mostly unseen in the United States, Chinese music streaming company Tencent Music Entertainment continued to prove it’s a formidable force by improving revenues 34% to $3.65 billion (25.43 billion Renminbi) in 2019. Net income jumped 126.7% to $664 million. The worst weeks of the novel coronavirus in China came after the fourth quarter and full-year reporting period for the results announced Monday (March 16), but the global pandemic still loomed over an earnings call. “I wish you an...

Read More

Mainframe | March 19, 2020

news image

MAINFRAME INDUSTRIES RAISES $8.3 MILLION FOR CLOUD-NATIVE GAMES

Mainframe Industries has raised $8.3 million to develop cloud-native games in a financing led by Andreessen Horowitz, with additional investment from Riot Games.The Finnish-Icelandic gaming studio founded by former CCP, Remedy Entertainment, and Next Games veterans is developing an unannounced cloud-native massively multiplayer online game that is designed and built at Mainframe’s Helsinki and Reykjavik studios.“We are starting from the ground up with no legacy to constrain us, acros...

Read More

VIRTUALIZATION

Scientific Games | August 23, 2021

news image

SCIENTIFIC GAMES ACQUIRES SIDEPLAY ENTERTAINMENT

Scientific Games Corporation announced that it has signed an agreement to acquire Sideplay Entertainment, a leading digital "eInstant" content studio, to expand Scientific Games' portfolio of iLottery content and accelerate the global market penetration of its iLottery business, subject to final regulatory approval. The combination of Sideplay's innovative portfolio of digital games and agile content distribution technology with Scientific Games' iLottery platforms and digi...

Read More

VIRTUALIZATION

Hall of Fame Resort | July 20, 2021

news image

HALL OF FAME RESORT AND ENTERTAINMENT COMPANY PARTNERS WITH VENUETIZE TO DEVELOP HOFV-DEDICATED APP

Hall of Fame Resort and Entertainment Company, the only resort, entertainment and media company centered around the power of professional football and the owner of the Hall of Fame Village powered by Johnson Controls (the “Destination”), today announced it has selected Venuetize, leaders in mobile-first and advanced payment technology for the sports, hospitality, and entertainment industries, to develop a Destination-themed mobile app. The mobile app will provide guests with relevant...

Read More