Hiber raises $2.25 million for user-generated web game platform

Hiber | August 21, 2020

Hiber has raised $2.25 million in a second round of seed funding for its web platform that makes it easy to create user-generated games. The company says it is at the intersection of connected devices, AI, and creator-focused entertainment. The Gothenberg, Sweden-based company has quietly amassed more than 300,000 games from 250,000 monthly active users for its HiberWorld platform. Those players are creating 3D games without the need to learn any coding. The company says it is enabling users to create and express themselves through bite-sized games and is giving a generation a new way to communicate. The social nature of the games puts it somewhere akin to Snapchat or TikTok, with people expressing themselves with what they create.

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TECHNOLOGIES

Aristocrat Gaming Selects Inspired Entertainment for Virtual Sports Offering Through National Football League (NFL) License

prnewswire | March 27, 2023

Aristocrat Gaming announced today that they have chosen Inspired Entertainment, Inc. as their partner to bring a new virtual sports experience to football fans worldwide through Aristocrat Gaming's multi-year, global licensing agreement with the National Football League (NFL). The NFL-themed virtual sports simulations will provide fans the ability to wager on teams as they go head-to-head in fast-paced, ultra-realistic simulated matchups. Users will see many of the same wagering options as a standard sportsbook including money line bets, over/under total score and total touchdowns. The NFL-themed virtual sports simulations will include a variety of NFL imagery including the iconic NFL shield, all 32 team logos, heritage team marks, AFC and NFC Conference logos, and the Super Bowl logo. The NFL is the premier sports and entertainment brand that brings people together socially and emotionally like no other. With over 500 million fans around the world, the NFL has global appeal, hosting regular season matches in England, Germany, and Mexico. "Through Inspired, this NFL license expansion into virtual sports presents a ground-breaking entertainment option that's never been done before," said Hector Fernandez, Aristocrat Gaming CEO. "As part of our overall NFL strategy, we are thrilled to tap into the global appeal the NFL offers to current and new fans and casino, sports betting, and lottery players." "We are delighted to work with the NFL and Aristocrat Gaming on this historic new simulated gaming experience to bring fans a unique way to connect with the game, even in the off-season," said Brooks Pierce, Inspired President, and Chief Executive Officer. "We look forward to launching this partnership and reaching millions of NFL fans with exciting entertainment options both online and in retail." The NFL previously announced the launch of an extensive, integrated league-wide responsible betting public awareness program. For more information about responsible betting tools and resources, visit responsibleplay.org. Aristocrat is committed to responsible gameplay, with a dedicated approach of "comply, empower and improve. ABOUT INSPIRED ENTERTAINMENT, INC. Inspired offers an expanding portfolio of content, technology, hardware and services for regulated gaming, betting, lottery, social and leisure operators across land-based and mobile channels around the world. Inspired's gaming, virtual sports, interactive and leisure products appeal to a wide variety of players, creating new opportunities for operators to grow their revenue. Inspired operates in approximately 35 jurisdictions worldwide, supplying gaming systems with associated terminals and content for approximately 50,000 gaming machines located in betting shops, pubs, gaming halls and other route operations; virtual sports products through more than 32,000 retail venues and various online websites; digital games for 170+ websites; and a variety of amusement entertainment solutions with a total installed base of more than 16,000 terminals.

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INDUSTRY MARKET

EVO Entertainment Group and IMAX Enter Partnership With Eight New IMAX Locations Across Texas and Florida

Prnewswire | April 28, 2023

EVO Entertainment Group and IMAX Corporation have announced an exciting new partnership, agreeing to install eight new state-of-the-art IMAX® with Laser systems. This marks the first-ever collaboration between the two companies. As part of the agreement, EVO will bring seven new IMAX systems to Texas, including Houston and Austin, and one to Florida. The new systems are expected to begin opening in the third quarter of 2023. IMAX's latest agreement with EVO Entertainment Group represents the company's most significant expansion into new locations with a new partner in North America since 2013. The announcement was unveiled today during the annual CinemaCon 2023 exhibition conference, held in Las Vegas, Nevada. "As we continue to expand, we remain committed to being at the forefront of cutting-edge spaces," said Mitch Roberts, CEO of EVO Entertainment Group. "This partnership with IMAX allows us to further enhance our state-of-the-art facilities and provide our guests with the ultimate movie-going experience. We are excited to bring IMAX with Laser to our venues and look forward to elevating the standard for cinematic experiences." "EVO is bringing fresh energy to the exhibition landscape in Texas and beyond and we are very excited to be in business with such a forward-thinking, innovative partner committed to offering audiences premium entertainment experiences," said Rich Gelfond, CEO of IMAX. "The fact that IMAX is driving significant network growth with new partners in even our most penetrated market of North America speaks to the remarkable momentum across our business right now." Austin-based EVO Entertainment Group was founded in 2014 by CEO Mitch Roberts with the vision of reinventing and enhancing the movie-going experience and has since evolved into creating differentiated entertainment destinations and experiences that encompass movie theatres, bowling, high-tech arcades, dining, and unique attractions. The company is driving the evolution of entertainment as the nation's leading and largest operator of cinema-entertainment centers and continues to look for ways to enhance the guest experience. With the new partnership, IMAX has now signed agreements for 63 new or upgraded IMAX systems around the world in 2023 to date — more than in the entirety of 2022. This includes agreements in key growth markets such as Japan, Indonesia, France, Thailand, and Vietnam. EVO's upcoming IMAX locations include EVO Entertainment Kyle, EVO Entertainment Hutto EVO Cinemas Creekside, EVO Cinemas Belterra, ShowBiz Cinemas Baytown, ShowBiz Cinemas Homestead, ShowBiz Cinemas Liberty Lakes, and ShowBiz Cinemas Waxahachie. These locations will offer moviegoers an unparalleled cinematic experience, featuring IMAX with Laser — IMAX's most advanced theatre technology. Utilizing a groundbreaking 4K laser projection system and a suite of proprietary technology, IMAX with Laser delivers lifelike images and precision audio. These new IMAX with Laser screens will showcase brighter images with increased resolution, deeper contrast, and the widest range of colors, providing an exclusive and immersive moviegoing experience that can only be experienced in an IMAX theatre. About IMAX Corporation  IMAX, an innovator in entertainment technology, combines proprietary software, architecture, and equipment to create experiences that take you beyond the edge of your seat to a world you've never imagined. Top filmmakers and studios are utilizing IMAX systems to connect with audiences in extraordinary ways, making IMAX's network among the most important and successful theatrical distribution platforms for major event films around the globe.  Streaming technology company SSIMWAVE, an IMAX subsidiary, is a leader in AI-driven video quality solutions for media and entertainment companies. IMAX is headquartered in New York, Toronto, and Los Angeles, with additional offices in London, Dublin, Tokyo, and Shanghai. As of December 31, 2022, there were 1,716 IMAX systems operating in 87 countries and territories. Shares of IMAX China Holding, Inc., a subsidiary of IMAX Corporation, trade on the Hong Kong Stock Exchange under the stock code "1970."

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MEDIA AND BROADCASTING

Xperi Takes Its Independent Media Platform from the Living Room to the Car

businesswire | June 01, 2023

Xperi Inc. announced that BMW has selected TiVo’s video media platform to provide customers access to a growing number of video content providers, including linear and on demand streaming services. BMW’s implementation of the Powered by TiVo™ platform will include a variety of country-specific content, offering news, movies and access to media libraries. The video media platform is expected to roll out over-the-air in initial launch countries by the end of 2023 for customers of the all-new BMW 5 series and further models. TiVo’s video media platform is a first-of-its-kind, aimed at giving original equipment manufacturers (OEMs) significantly more control over the user experience and helping consumers cut through the clutter of streaming and linear content options with simplified, universal discovery to consumers. With an award-winning content-first experience, global content provider scale and profitable partnership model, Powered by TiVo is the ultimate independent operating system. From the living room to the car, BMW’s endorsement of an independent media platform with a content-first search and discovery experience, validates the market appeal. The BMW implementation will also be part of Xperi’s independent media platform, but will be integrated in automobiles to deliver immersive in-car entertainment experiences. “Our independent media platform strategy is well suited for the automotive industry as they make advancements in in-cabin technology and creating new and adaptive experiences. We will work closely with BMW to ensure that the in-car video media platform by TiVo provides a best-in-class in-car entertainment experience,” said Jon Kirchner, CEO of Xperi. “Unlike existing platforms, the Powered by TiVo platform traverses entertainment mediums and gives OEMs significantly more control over the user experience.” "In-car entertainment becomes increasingly important for our customers," said Ingo Lasslop, vice president product management for digital products and services at BMW Group. "This collaboration with Xperi will allow us to deliver a world-class entertainment offering to our customers and transforms their time spent in the vehicle even more into a captivating and enjoyable experience." Based on decades of experience growing profitable consumer electronics and entertainment ecosystems, the BMW video platform Powered by TiVo will be designed to maximize the in-car entertainment experience. About Xperi Inc Xperi invents, develops, and delivers technologies that enable extraordinary experiences. Xperi technologies, delivered via its brands (DTS®, HD Radio™, TiVo®), and by its startup, Perceive, and IMAX Enhanced, an IMAX and DTS partnership, have been integrated into billions of consumer devices and media platforms worldwide, powering smart devices, connected cars and entertainment experiences. Xperi has created a unified ecosystem that reaches highly engaged consumers driving increased value for partners, customers and consumers.

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