Facebook Acquires Cloud Video Gaming Company PlayGiga

thurrott | December 19, 2019

Facebook seems to be working on a new vision for its gaming products. The company may not be a huge player in the gaming industry, but it has invested a ton into its gaming products for years. And now, Facebook has acquired Spanish cloud video gaming company PlayGiga to further expand its gaming efforts. The company confirmed the acquisition to CNBC, though it declined to reveal any details about the acquisition. Facebook was rumored to have acquired PlayGiga last week by Spanish business newspaper Cinco Dias. The acquisition reportedly cost Facebook approximately 70 million euros. PlayGiga previously ran a cloud gaming service in Europe after being founded in 2013, though the company’s service failed to gain any traction. “We are excited to announce that the PlayGiga team is moving on to something new. We are continuing our work in cloud gaming, now with a new mission. We want to thank all of our partners and customers for their support over the years,” PlayGiga said on its website.


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IMAX and Prime Focus Technologies (PFT) expand strategic relationship into the streaming ecosystem

Media and Entertainment | September 14, 2023

Entertainment technology industry leader IMAX Corporation® (NYSE: IMAX) and PFT, the creator of AI-powered technology solutions for the Media and Entertainment (M&E) industry, today announced plans to expand their strategic relationship beyond theatrical and into the streaming ecosystem. Under the arrangement, IMAX will expand access to its Stream Smart™ technology to PFT customers across Europe, Asia, and Australia. The expanded partnership will dramatically increase the global availability of Stream Smart™, which helps streaming platforms deliver maximum picture quality while significantly reducing distribution and storage costs. "We are thrilled to deepen our partnership with IMAX, an industry trailblazer with a remarkable legacy of revolutionizing the global entertainment industry," said Ramki Sankaranarayanan, Global CEO of PFT. "For over a decade, CLEAR®, our flagship product, has spearheaded digital packaging and delivery services for prominent streaming platforms worldwide. CLEAR® & Stream Smart will help optimize our customers' encoding pipeline, so they deliver better streaming quality while optimizing CDN & storage costs." "Many of Hollywood's biggest streaming platforms use Stream Smart™ to ensure quality and reduce costs, and we're excited to work with our partners at PFT to extend the reach of our technologies throughout key markets in Europe, Asia, and Australia," said Vikram Arumilli, General Manager of Streaming and Consumer Technology at IMAX. "Our suite of streaming technology products, including Stream Smart™, provides a best-in-class service for direct-to-consumer broadcast and streaming companies, and PFT's' ability to leverage this for their customers is a win-win for both organizations." PFT and its parent company, DNEG, are industry leaders providing a full suite of technology and creative solutions, including IMAX post-production and 3D mastering. IMAX and DNEG joined forces in 2022 for post-production, which included Indian films like Jawan, Pathaan, and RRR. This extended partnership will build upon the established theatrical relationship between IMAX and DNEG to develop a comprehensive video optimization solution. Stream Smart™ is an enterprise software product designed to deliver the best image quality and optimize delivery to unlock cost savings. This product was built from cutting-edge scientific advancements, state-of-the-art engineering, trusted studio relationships, and rooted in a real-world at-scale Emmy®-winning collaboration with Disney Streaming Services and SSIMWAVE. Stream Smart™ will be the centerpiece of the IMAX showcase at IBC 2023. Sign up to meet with PFT and IMAX Streaming & Consumer Technology group at IBC: 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. IMAX is headquartered in New York, Toronto, and Los Angeles, with additional offices in London, Dublin, Tokyo, and Shanghai. As of June 30, 2023, there were 1,718 IMAX systems (1,638 commercial multiplexes, 12 commercial destinations, 68 institutional) 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." About Prime Focus Technologies Prime Focus Technologies (PFT) is the creator of CLEAR® and CLEAR® AI. It offers streaming platforms, studios, and broadcasters transformational AI-led technology and media services powered by the cloud that help them lower their Total Cost of Operations (TCOP) by automating their content supply chain. PFT works with major companies like Walt Disney-owned Star TV, Channel 4, ITV, Sinclair Broadcast Group, A&E Networks, Warner Media, PBS, CBS Television Studios, 20th Century Fox Television Studios, Lionsgate, Showtime, HBO, NBCU, TERN International, Disney+ Hotstar, BCCI, Indian Premier League and more. About DNEG DNEG (www.dneg.com) is a world-leading visual entertainment services company for the creation of feature film, television, and multiplatform content, with worldwide offices and studios across North America, Europe, Asia, and Australia. DNEG's critically acclaimed work has earned the company seven Academy Awards® for Best Visual Effects and numerous BAFTA and Primetime EMMY® Awards for its high-quality VFX work. Current and upcoming DNEG projects on behalf of its Hollywood and global studio and production company partners include Spy Kids Armageddon (September 2023), No One Will Save You (September 2023), The Gilded Age S2 (October 2023), Nyad (November 2023), Aquaman and the Lost Kingdom (December 2023), Lift (January 2024), Dune: Part Two (March 2024), Mickey 17 (March 2024), Godzilla x Kong: The New Empire (April 2024), Garfield (May 2024), Borderlands (August 2024), Furiosa (2024), That Christmas, Coyote vs. Acme, The Gorge, and Animal Friends.

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Pickleball Kingdom and PlaySight Announce Exclusive Partnership to Revolutionize the Sport of Pickleball

prnewswire | August 29, 2023

Pickleball Kingdom Franchising, a dynamic player in the burgeoning world of pickleball entertainment and franchising, and PlaySight, a global leader in automated sports video technology, proudly announce an exclusive partnership set to redefine the way Pickleball enthusiasts experience and engage with the game. With the unveiling of this groundbreaking collaboration, Pickleball Kingdom and PlaySight aim to elevate the pickleball experience, bringing a fusion of innovative technology and compelling entertainment to athletes across the nation. Pickleball Kingdom Franchising, known for its pioneering approach in the pickleball industry, is slated to launch a series of exclusive pickleball centers in prime locations, each equipped with state-of-the-art PlaySight technology. These locations, strategically chosen for their vibrant pickleball communities, are being launched in Arizona, Texas, and Milwaukee, with many other locations to follow. The partnership's cornerstone lies in the integration of PlaySight's cutting-edge SmartCourts into Pickleball Kingdom's state-of-the-art facilities. PlaySight's technology, renowned across various sports, enables athletes to gain real-time insights into their performance. With features like instant video replay, automated highlights through AI, and interactive coaching tools, players at all levels can refine their skills and celebrate their achievements like never before. Pickleball Kingdom CEO and founder Ace Rodrigues shared his excitement about the partnership, stating, "We are thrilled to join forces with PlaySight to bring an unparalleled pickleball experience to our clubs. This collaboration epitomizes our vision of marrying technology with the pickleball experience, forging a new era in the sports landscape." PlaySight's CEO Chen Shachar highlighted the shared passion for innovation. "At PlaySight, we've always believed in the power of technology to transform sports. Partnering with a premier brand such as Pickleball Kingdom allows us to continue pushing boundaries and enhancing the player and member experience." As reported by Franchise Times, Pickleball Kingdom is poised to become the "Amazon of the popular sport," offering a comprehensive franchise model that encompasses entertainment, education, and community engagement. The partnership with PlaySight adds another layer of excitement to the franchise's offerings, making Pickleball Kingdom a major player in the ever-evolving landscape of sports and entertainment. In addition to the PlaySight partnership, Pickleball Kingdom Franchising is forging new territory by announcing the launch of its reality show, "Pickleball Paddle Battle." Hosted by former Bachelor star Clayton Echard, the show promises to bring the thrilling world of pickleball to television screens this fall. "Pickleball Paddle Battle" will showcase top-tier pickleball talent competing in captivating matches while also highlighting the unique culture and camaraderie of the sport. About PlaySight PlaySight has emerged as a leader in the sports technology marketplace, bringing the most advanced and elite capabilities to all levels of sport, all over the world: automated production and live streaming, video replay (VAR), pro level coaching tools, and a live and on demand sports OTT channel – the PlaySight Sports Network (PSSN). PlaySight SmartCourt AI technology powers athletes, coaches, teams and leagues all over the world with its connected camera platform. Its technology is currently used by several major Pickleball organizations around the world, the NBA, MLB, NHL, USTA and in a variety of sports, including tennis, pickleball, Padel, basketball, baseball, hockey and others. More information is available at www.playsight.com. About Pickleball Kingdom Franchising Pickleball Kingdom Franchising is a pioneering force in the pickleball industry, blending entertainment, community, and education to create an unparalleled experience for players and fans alike. With an ambitious franchise model, Pickleball Kingdom Franchising aims to establish a network of innovative pickleball centers that cater to enthusiasts of all skill levels. For more information, visit https://pickleballkingdom.com/franchising/ About "Pickleball Paddle Battle" "Pickleball Paddle Battle" is the first-ever reality show dedicated to the exhilarating sport of pickleball. Hosted by Clayton Echard, the show showcases elite pickleball athletes competing in intense matches while providing viewers with a glimpse into the unique world of pickleball culture.

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Adeia Renews IP License Agreement with Enseo to Enable Innovative Digital Entertainment Services for the Hospitality Industry

globenewswire | July 13, 2023

Adeia Inc., the company whose innovations shape the way the world explores and experiences entertainment, today announced that it has renewed its agreement with Enseo, LLC, a leading technology services provider for the hospitality industry, to license Adeia's media intellectual property (IP) portfolio. Enseo provides technology solutions that improve the in-room digital entertainment experience of hotel and resort guests. The company offers property managers, owners and guests next-generation software, middleware and hardware solutions to meet the evolving consumer desires for entertainment and digital services when they are away from home. The confluence of pay-TV and streaming services is quickly reshaping the digital entertainment landscape and transforming how video, entertainment and connectivity services are delivered to guests. "Enseo is addressing the evolving needs of hotels and resorts to deliver best in class in-room digital entertainment experiences to guests," said Dr. Mark Kokes, Adeia's chief licensing officer and general manager, media. "The video consumption needs of today’s travelers have evolved significantly. This agreement further validates Adeia's market-leading technology as an enabler of digital entertainment experiences, which offers competitive differentiation in the hospitality industry. We look forward to continuing to deepen and extend our relationship with Enseo." Consumers today expect the same high-quality content and entertainment experiences that they have at home when they travel. Hospitality industry analysts suggest that approximately 75% of guests want access to robust linear and streaming services, and are willing to pay a premium to stay in properties that offer these capabilities. As a result, industry executives are under increasing pressure to provide intuitive and seamless video services. “Hotel and resort operators are paying greater attention to the personalization of guest services, which includes providing entertainment and digital experiences. Adeia’s media IP portfolio underpins the technologies that support Enseo in creating a tailored in-room entertainment experience for guests,” said Dr. Kokes. Adeia has spent decades investing in research and development to create market-leading technologies for the media and entertainment industry. Adeia's innovative solutions touch practically every aspect of consumers' day-to-day interaction with their entertainment, enabling Adeia's customers to build customized, next-generation digital entertainment solutions for users around the globe. About Adeia Adeia is a leading R&D and intellectual property (IP) licensing company that accelerates the adoption of innovative technologies in the media and semiconductor industries. Adeia’s fundamental innovations underpin technology solutions that are shaping and elevating the future of digital entertainment and electronics. Adeia’s IP portfolios power the connected devices that touch the lives of millions of people around the world every day as they live, work and play.

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QYOU Media's Q TV Launches New Original Series Deploying AI Anchor

prnewswire | August 28, 2023

QYOU Media Inc., a company operating in India and the United States producing and distributing content created by social media stars and digital content creators, has announced that it's flagship Hindi language channel Q TV has bolstered its 'Zara Hatke' ( "A Little Offbeat") proposition by launching a first-of-its-kind initiative via an exciting new original series, 'Viral Hua Re' driven by artificial intelligence (AI). Combining creativity with cutting-edge technology, the series aims to revolutionize the way programming content can be created with the introduction of an AI generated anchor across the new series. In a pioneering move that unleashes a completely new approach to content creation, for Q TV, Viral Hua Re', marks the beginning of efforts to leverage technology to drive channel content. Led by a sassy animated AI anchor, 'Viral Bhabhi' with her witty one-liners and anecdotes, Viral Hua Re features viral videos sourced from social platforms spanning various sub-genres including comedy, pranks, gags, falls, and fails. The series is being launched this week and airs daily at 6:00 PM followed by a repeat telecast at 1:00 PM. Speaking on unveiling this exciting new series, Curt Marvis, CEO and Co-Founder, QYOU Media, said, "We are inevitably entering a new chapter in television entertainment with the introduction of AI-driven shows. We want to embrace and not ignore this new technology on Q TV as we believe as a brand we stand at the crossroads of innovation and storytelling with our young India creators and viewers. Harnessing the power of technology to enhance the viewer experience is core to our DNA, while staying true to the essence of captivating content that our audience cherishes. With this pioneering step, we not only embrace technology but also reaffirm our commitment to redefining how India experiences television." Formerly known as The Q, Q TV's latest content line-up underscores its commitment to embracing social media creators and content while harnessing the power of AI to deliver fresh and captivating entertainment to viewers across India. About QYOU Media One of the fastest growing creator-media companies, QYOU Media operates in India and the United States producing, distributing and monetizing content created by social media influencers and digital content stars. In India, under our flagship brand, The Q and on connected TV, via channels Q Kahaniyan, Q GameX, Q Marathi & Sadhguru TV, we curate, produce and distribute premium content across television networks, VOD and OTT platforms, mobile phones, smart TV's and app-based platforms. In addition, QYOU has numerous additional content destinations, apps and gaming platforms poised to engage the over 125 million Indian households we reach weekly. Our influencer marketing company, Chtrbox, has been a pioneer in India's creator economy, leveraging data to connect brands to the right social media influencers. In the United States, we power major film studios, game publishers and brands to create content and market via creators and influencers. Founded and created by industry veterans from Lionsgate, MTV, Disney and Sony, QYOU Media's millennial and Gen Z-focused content reaches more than one billion consumers around the world every month.

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