BUSINESS

Globe backs KROMA, new Filipino 'Tradigital' entertainment for global audiences

KROMA | April 11, 2022

Globe backs KROMA, new Filipino
Leading Philippine digital solutions platform Globe Telecom is investing into the creative economy, backing a new "TraDigital" company to promote Filipino talent in the global arena.

The new company, KROMA Entertainment, launched on April 6 and introduced a suite of brands that cover the entertainment spectrum, from film production and music to events and talent management.KROMA, backed by the 917Ventures Retirement Fund, promises to revolutionize Philippine entertainment just as the world comes out of a pandemic that severely affected the creative industries. It brings together passionate content and experienced creators, the best talent, and innovative technology to produce fresh and engaging entertainment for the Filipino audience. It offers entertainment for all across screens and formats, be it high-quality films, series, TV shows, music, digital content, or events.

The company is a culmination of Globe's years of groundwork in the entertainment space to enhance inclusivity, fairness and equality in this particular sector.

"We are excited to share KROMA and its treasure trove of creative and innovative content, featuring the country's best creators, and talents. We are determined to forge a new path for the entertainment industry," 

-Ian Monsod, CEO of Kroma Entertainment, Inc.

Our vision is to become the leading TraDigital entertainment player in the Philippines in line with our goal of entertainment for all, he said.

KROMA's launch marks the Globe Group's full-scale investment into entertainment, an expansion of its earlier venture into the industry with what was then called Globe Entertainment (GENT).

KROMA's brands offer a new entertainment experience, envisioning a more engaging and exciting form of digital entertainment  for its clients and audiences.

LIVE MNL, a rebrand of Globe Live, still works on events and activations on ground, online and in hybrid. They are keeping the same standards that have made them a keepsake in the industry after successfully bringing to life events such as It's A Girl Thing, ETO NA! Musikal nAPO! and the first-ever Korean virtual fan meet back in 2020.

Likewise rebranded, Globe Studios has spun off its businesses: ANIMA continues to produce award-winning and critically-acclaimed films, series and podcasts, while SECRET MENU, a full-service production house, creates branded content and television commercials.

KROMA likewise takes charge of music label PARADISE RISING, in partnership with international label 88Rising, to champion Filipino talent on the global stage. KROMA's video-on-demand platform UPSTREAM has been home to the latest films, including Hollywood blockbusters, series and events for Filipinos everywhere.

NYMA focuses on pushing talent growth across the company's network of partners and clients. PIE, a partnership with leading Philippine broadcast company ABS-CBN and BEAM digital television network and supported by 917Ventures, is a multi-platform, real-time, interactive entertainment channel. It provides memorable and rewarding experiences, prizes and connections for and with Filipinos.

Rounding up the KROMA roster are Wonder, a pop culture and style platform, and FreebieMNL, the destination for the latest news and deals on food and lifestyle.

Globe's foray into the field of entertainment seeks to strengthen the Filipino entertainment industry and provide opportunities for more talents to express themselves in the creative field.  This expansion is part of its commitment to support the United Nations Sustainable Development Goals, particularly UN SDG No. 9, which underscores the role of infrastructure and innovation as crucial drivers of economic growth and development.

Spotlight

A mobile Augmented Reality app – developed by INDE – allows users to visualise a fleet management system in 3D, in a real-world environment, using a print marker that triggers.

Spotlight

A mobile Augmented Reality app – developed by INDE – allows users to visualise a fleet management system in 3D, in a real-world environment, using a print marker that triggers.

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MEDIA AND BROADCASTING

FuboTV to Launch Pick’em Games, a First-of-its-Kind Gaming Experience Integrating Live TV Streaming and Fubo Sportsbook

FuboTV Inc | June 20, 2022

FuboTV Inc. (NYSE: FUBO) will unveil pick’em games this weekend - becoming the first company to launch the popular free-to-play sports contests directly integrated into the live TV streaming experienceIn another first, pick’em players in select markets will have seamless access to Fubo Sportsbook by scanning a QR code to place real-money wagers aligned with their picks. This marks the latest incorporation of FuboTV and its owned-and-operated real-money wagering platform. Pick’em players will be able to predict the outcome of select live sporting events directly from FuboTV’s live TV streaming platform’s home screen. Fubo will make pick’ems available prior to the start of select live sporting events each Sunday. Players can test their skills through a variety of contests, including Perfect Pick’ems, to earn points and compete against their friends and the FuboTV community for the chance to work their way up leaderboards. FuboTV will continue to expand the types of contests, the gaming experience and, later, will introduce prizing. Pick’ems will launch on Sunday, June 19 to select FuboTV subscribers and will continue to roll out to the company’s user base in the coming months. Subscribers can engage with pick’ems across all FuboTV connected TV, smart TV, gaming consoles and mobile apps as well as on https://fubo.tv. Watch a demo of FuboTV’s pick’ems here. As it aims to transcend the industry’s current TV model, FuboTV continues to integrate interactivity and personalization into its live TV streaming experience with recent proprietary launches of free-to-play games and the FanView live scores and stats widget. In January, the company updated its popular Multiview on Apple TV feature to include FanView, enabling viewership of multiple live sporting events alongside game stats and scores from around the league. The industry-first integration also demonstrates and further builds upon the seamless Watch/Wager/Win connection between FuboTV and Fubo Sportsbook - all within a single ecosystem. Fubo Sportsbook is purpose-built to meet U.S. sports fans’ growing demand for interactivity by delivering personalized omniscreen experiences that turn passive viewers into active participants. Its proprietary feature, Watching Now, leverages FuboTV’s first-party user data to engage participants by recommending relevant bets based upon what they are streaming — even as they change the channel. FuboTV recently reported that this integrated approach has led to stronger engagement with crossover users on average placing a greater number of bets and having higher retention rates on the sportsbook than sportsbook-only players. The company intends to further integrate FuboTV and Fubo Sportsbook with the launch of additional product features, including live odds, this year, subject to regulatory approvals. “With this weekend’s launch, FuboTV will become the first live TV streaming platform to offer pick’em games integrated into the video experience with a direct gateway to an owned-and-operated sportsbook, We believe interactivity is a key product differentiator for Fubo and, with these immersive experiences built into our live streaming product, we can offer the most personalized - and customizable - sports and entertainment television experience.” -Mike Berkley, chief product officer, FuboTV. While other media companies are entering into external partnerships with betting companies, FuboTV and Fubo Sportsbook have combined both into one ecosystem,” said Scott Butera, president, Fubo Gaming. “The launch of pick’ems will further demonstrate FuboTV’s unique product integration and commitment to offering fans real-time immersive experiences across multiple touchpoints. Our mission is to transform the TV experience through interactive engagement, including free gaming and real-money wagering, into streaming video, said David Gandler, co-founder and CEO, FuboTV. This industry-first integration has been popular with consumers, and, as we reported on our recent first quarter 2022 earnings call, we’re already seeing encouraging early signs of the flywheel effect between FuboTV and Fubo Sportsbook. We believe our built-in video audience will allow us to acquire users more efficiently, with a limited amount of marketing spend. We will continue to build our fully unified streaming TV and sportsbook experience with the rollout of more interactive features this year. About FuboTV With a mission to build the world’s leading global live TV streaming platform with the greatest breadth of premium content, interactivity and integrated wagering, FuboTV Inc. (NYSE: FUBO) aims to transcend the industry’s current TV model. FuboTV Inc. operates in the U.S., Canada, France and Spain. Leveraging its proprietary data and technology platform optimized for live TV and sports viewership, FuboTV Inc. aims to turn passive viewers into active participants and define a new category of interactive sports and entertainment television. The company's sports-first cable TV replacement product, FuboTV, offers U.S. subscribers more than 100 live sports, news and entertainment networks and is the only live TV streaming platform with every Nielsen-rated sports channel (source: Nielsen Total Viewers, 2021). Subscribers can interact with FuboTV’s live streaming experience through predictive free-to-play games, which are integrated into select sports content. Fubo Gaming Inc., a subsidiary of FuboTV Inc., launched Fubo Sportsbook, a next-generation mobile sportsbook purpose-built to integrate with FuboTV, in 2021.

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APPLICATIONS

New case research shows that tools for virtual reality could save tens of thousands of biopharmaceutical companies per year

prnewswire | November 02, 2020

For a situation study delivered October 23 by Oculus for Business from Facebook, Nimbus Therapeutics discloses why they hope to spare huge number of dollars every year by putting resources into computer generated reality (VR) equipment from Oculus and programming from Nanome, Inc., and how the innovation might help increment their profit by quickening their course of events to showcase. Nanome's vivid logical plan and cooperation stage is as of now utilized by in excess of twelve of the top biopharmaceutical organizations, yet this examination fills in as a hotly anticipated verification of idea for the business. Radiance Therapeutics centers around beginning phase drug disclosure and advancement. The organization's medication revelation group utilizes Nanome programming to assist them with planning little particle aggravates that focus on specific proteins that are embroiled in sickness systems. The product quickens logical dynamic by empowering the representation, change, and reenactment of the natural and substance mixes in 3D. "We create an immersive environment where chemists can build small molecules in the context of a protein's binding site," said Nanome CTO Sam Hessenauer. "It's like being able to build a key from inside a lock." Notwithstanding incorporating with existing work processes and helping the computational scientific experts with the plan of the mixes, Nanome's product likewise improves correspondence between the researchers through constant cooperation. Time and cost investment funds It actually takes years and a large number of dollars for a medication to make it onto drug store racks, yet the contextual analysis uncovers a portion of the manners in which VR is starting to enable Nimbus Therapeutics to diminish beginning courses of events and a portion of the related expenses. "Being able to inspect these structures inside VR gives us the opportunity to ask other questions, propose additional experimentation, and test our ideas to move the science forward," said Lewis Whitehead, PhD, Director of Computational Chemistry at Nimbus Therapeutics. In the same way as other others in the drug business, Whitehead's group is searching for approaches to abbreviate the 12–multi month "lead enhancement" course of events and diminish venture costs. For them, Nanome gives a critical preferred position. In one model portrayed in the examination, the computer generated simulation devices uncovered the need to expand the action of a compound.

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TECHNOLOGIES

Invincible Entertainment Announces $20M Acquisition of Business Rockstars Entrepreneurial Media Platform

businesswire | December 15, 2020

Invulnerable Entertainment Partners, an autonomous creation and dissemination organization with assorted tasks in OTT, streaming, and innovation, today declared its obtaining of Business Rockstars for $20M. Business Rockstars is the biggest maker of sound and video content for business people including the world's greatest and most cultivated CEOs, tycoons, VIP originators, new companies, pioneers, and disruptors. Because of the obtaining, Business Rockstars' chief accomplices, Steve Lehman and Thom Beers, both prepared media heads, will join the Invincible board and leader council. Lehman has recently held CEO functions of both Nasdaq and NYSE organizations and was author and CEO of Premiere Networks (presently possessed by iHeartMedia). Moreover, he was a first-round speculator in the Mark Cuban-drove broadcast.com. Lagers, a 3x Emmy Award-winning maker, was organizer and CEO of Original Productions ("Deadliest Catch", "Ice Road Truckers," "Stockpiling Wars") and was already director and CEO of FremantleMedia North America. “Business Rockstars perfectly aligns with our strategy to acquire quality content and use that content to create and enhance our brands, while bringing high quality entertainment to our audiences,” said Tom Ashley, founder and CEO of Invincible Entertainment. “Business Rockstars is a powerful brand and a great addition to our family of OTT streaming services and FAST channels.” “Business Rockstars started out as a two-hour daily radio show on the CBS station in Los Angeles,” said Lehman. “It was a way for Thom (Beers) and I to meet cool companies to invest in. Rockstars has grown into one of the premier video platforms for entrepreneurs. Tom Ashley’s shared vision for Rockstars is to create a ‘Better, entrepreneurial Cheddar’ and we’re excited to help make that happen.” Added Beers: “I’m really looking forward to working with the Invincible Team. They are incredibly well versed in OTT, and alternative distribution platforms and are well-positioned to succeed in this new media world.” About Invincible Entertainment Partners Invincible is an established entertainment production and distribution company based in Philadelphia, PA with diverse operations in OTT, streaming and technology. Invincible manages a massive content catalog of nearly 5,000 assets including major brands such as “The Adventures of Sonic the Hedgehog,” “Kong,” “Double Dragon,” “Highlander” and many others. Invincible Operates 10 FAST (Free Ad-supported Streaming TV) networks with channels including FrightFlix, Watch it Kid, Watch it Scream, Cinepride, Dungeon TV, Ski TV, Screen Dreams, El Conflicto and our flagship Galxy TV—a free television streaming service that gives audiences access to great programming from multiple providers.

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