Tencent Music Entertainment Group announces Lazy Audio Acquisition

prnewswire | January 15, 2021

Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Organization") , the main creative online music amusement stage in China, today declared that it went into an authoritative consent to procure 100% value revenue of Shenzhen Lanren Online Technology Co, Ltd ("Lazy Audio", "Lanren tingshu"), a grounded sound stage in China, for an all out thought of RMB2.7 billion, essentially payable in real money, in addition to certain post-obtaining value settled honors to Lazy Audio's supervisory crew. The current investors of Lazy Audio incorporate China Literature Limited ("China Literature", stock code: 00772.HK), Lazy Audio's supervisory crew and other monetary financial specialists. The exchange is relied upon to shut in the primary portion of 2021 subject to standard shutting conditions.

Established in 2012, Lazy Audio is an extensive sound stage giving amusement in the types of book recordings, Chinese parody, digital broadcasts and other public broadcasts to clients. It adapts by means of various channels, including pay per title, membership installment for substance, and promoting. Apathetic Audio has formed into a flourishing local area with solid client connections and commitment, giving better substance and administrations than sound clients across China. Languid Audio has an exceptionally adaptable client base, making it one of the main sound stages in China.

"We are delighted to welcome the talented Lazy Audio team to the TME family, and expect this strategic acquisition to significantly deepen our presence in the fast growing long-form audio industry in China," said Mr. Cussion Pang, Chief Executive Officer of Tencent Music. "As a leading provider of audio entertainment, Lazy Audio can be seamlessly integrated into our existing long-form audio strategy, enabling us to further monetize the extensive library of high-quality literature IPs that we have access to through strategic partnerships with China Literature and others."

"Lazy Audio's catalog is set to expand our audio content library, and its recording capacity will significantly boost our production of audiobooks. We believe this partnership will help us cater to the increasingly nuanced needs of our customers, strengthen our brand recognition in this segment, generate considerable operational synergies, and accelerate our journey to become a leading audio entertainment platform in China." Mr. Pang added.

Mr. Bin Song, founder and Chief Executive Officer of Lazy Audio, said, "We share the same vision with TME that China's audio industry is a less-penetrated area with great potential. Merging with TME will benefit us to strengthen our competitiveness, establish a stronger connection with Tencent portfolio and bring Lazy Audio to the next level."

Apathetic Audio will keep up its autonomous activities while being a fundamental part of TME's by and large long-structure sound procedure. Endless supply of securing, TME will combine the interest in Lazy Audio, and empower Lazy Audio to have full admittance to TME's mastery, driving innovation, and solid limited time capacities.

About Tencent Music Entertainment

Tencent Music Entertainment Group (NYSE: TME) is the leading online music entertainment platform in China, operating the country's highly popular and innovative music apps: QQ Music, Kugou Music, Kuwo Music and WeSing. Tencent Music's mission is to use technology to elevate the role of music in people's lives by enabling them to create, enjoy, share and interact with music. Tencent Music's platform comprises online music, online karaoke and music-centric live streaming services, enabling music fans to discover, listen, sing, watch, perform and socialize around music.


Simulating experiences are going to drive the rise in demand for AR & VR apps and transform the marketing game in 2020, helping brands to deliver an excellent user experience.

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Spintop Network Announces Their Next-Gen GameFi Ecosystem With Cutting-Edge Technology

Spintop Network | April 26, 2022

Spintop Network has presented their state-of-the-art GameFi blockchain ecosystem, which offers developers, investors and gamers alike a streamlined game finance experience. Blockchain gaming has developed as an exciting utility within the digital ecosystem. That development, however, has been associated with basic problems in connectivity and interaction amongst stakeholders. Many popular gaming platforms have been unable to provide users with a broadly-encompassing environment on which to publicize, launch and invest in games, no less to discover, play, trade and earn with them. GameFi solves those problems by offering a complete and expansive ecosystem.With the developing global market for digital gaming, the community is watching this sector boom and benefit users financially. With so many opportunities, bringing interest groups together and cataloging those opportunities becomes key. Gamers can use the many features of the hub to both discover and profit. Spintop’s GameFi ecosystem provides gamers with the option of finding games across Gamepedia, trading tokens across Spindex, and sharing NFTs across the NFT Marketplace. It uses the tools of Web3 to offer a unique experience. Gamers can find their preferred games across the Gamepedia, a community-driven gaming guide that provides greater ease in game selection. Following the selection of a game, the platform provides reviews and user guides that can help gamers play their game perfectly. Spintop Network operates on the play-to-earn model, allowing gamers to earn across the blockchain. As this market has grown, many gaming platforms have been integrating this innovation in their systems for user utility. Spintop Network’s Guild Maker helps users set up their character with appropriate in-game tools and earn from playing games. The Guild Maker allows sponsors to create guilds, which are then capitalized on by scholars (gamers) who compete on their behalf. The rewards are then distributed among sponsors and scholars. With considerable earning potential through playing, users can then manage their earnings across Spindex, the DeFi hub for gaming projects. Spindex would potentially offer services in staking, farming and trading coins across the platform to help users get more from their in-game earnings. This would soon see cross-platform operability through the SPIN token. Spintop Network enhances user operability with its NFT marketplace. Users can buy, sell and rent their NFT assets and use their guild elements for their character. The potential for regulation of the assets across the marketplace would be extremely helpful in securing their value throughout the ecosystem. The network also believes in supporting new blockchain projects in their growth. To make the growth consistent, Spintop Network has developed a GameFi Launcher and Incubator Program, SpinStarter. It would also offer users the opportunity to invest in developing blockchain projects and, thus, become a part of digital excellence across the network. Spintop Network’s GameFi ecosystem is a project that is revolutionary for developers, investors and gamers. With a complete set of tools under its belt, Spintop is working on improving the GameFi and blockchain ecosystem. To do that, Spintop is currently working on partnerships and collaborations. It has recently announced its partnership with BetU Ecosystem, it comprises of 3 interrelated platforms: BetU Verse - A licensed metaverse resort and casino, EarnU - Play-to-earn sports & esports prediction game, and BetU - A sports, esports, & crypto betting platform. Spintop has also successfully configured its second IDO, Creo Engine, a GameFi platform. Another partnership worth noting is with Altura NFT, where both parties will be working together to implement smart NFTs and guilds into each other's ecosystems. These advancements show their consistent approach in benefitting the digital community. About Spintop Network: Spintop Network is a GameFi ecosystem that provides users with the opportunity to play, earn, trade and discover in the blockchain gaming system. It combines diverse elements to appeal to developers, investors and gamers alike. With a belief in benefitting the digital community through consistent development, Spintop Network is working on integrating a play-to-earn mechanism with a DeFi hub, NFT marketplace and Incubator program.

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Wasabi Technologies Partners with the Boston Red Sox Through Multi-Year Sponsorship Deal with Fenway Sports Group

Wasabi Technologies | April 08, 2022

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PODCASTONE | March 26, 2022

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About Adori Labs Adori's patented technology helps increase monetization and engagement allowing content creators to modernize traditional audio by adding relevant visual and interactive elements such as links, social feeds, polls and e-commerce without changing the format or sacrificing quality. For publishers and advertisers, Adori provides attribution, click-through, purchases, and ad impressions providing deep measurement and new monetization possibilities for audio. iHeartRadio recently debuted their holiday special "Twas the Night Before Christmas" playlist which featured exclusive readings from artists including Michael Buble, Elton John, Bon Jovi and Carrie Underwood using Adori technology. Adori's end-to-end podcasting platform has global customers including leading content creators, publishers, and networks. Adori recently launched "Gateway To YouTube" a consumer-facing application built on its platform that creates and publishes visually enhanced podcasts to YouTube. 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DNEG | June 10, 2022

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Our teams across the globe design, create, animate and submit thousands of visual effects shots and animation sequences across multiple projects every day, said Paul Salvini, Global Chief Technology Officer, DNEG. In xSTUDIO we have created a modern, flexible, feature-rich playback and review application that we hope will become the new industry standard. By freely sharing xSTUDIO as an open source project with our clients and our industry partners we are encouraging everyone to use and develop the toolset, so that we all benefit from the collective expertise in our community. xSTUDIO will feature a modern, feature-rich and pipeline-agnostic core application, while also providing a full Python API, C++ plugin framework and extensive use of open-source libraries to allow contributors full control of its integration into their pipelines. “By developing xSTUDIO and releasing it as an open source project, DNEG has created an opportunity for greater collaboration and more efficient workflows for content creation teams across our industry, Built specifically for filmmakers by filmmakers, we are thrilled to launch this innovative, flexible platform that will support substantial efficiencies and advancements in our craft.” -Namit Malhotra, DNEG Chairman and CEO More information about the application’s features and capabilities is available on To express interest and find out more about xSTUDIO, contact On January 25, 2022, DNEG announced its entry into a definitive business combination agreement with Sports Ventures Acquisition Corp. (Nasdaq: AKIC). Upon the closing of the business combination, which is expected in the first half of 2022, the combined public company will be named DNEG. For more information about the transaction, please visit About DNEG DNEG ( is one of the world’s leading visual effects (VFX) and animation companies for the creation of feature film, television, and multiplatform content. DNEG employs nearly 7,000 people with worldwide offices and studios across North America (Los Angeles, Montréal, Toronto and Vancouver), Europe (London) and Asia (Bangalore, Chandigarh, Chennai and Mumbai). 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 Bullet Train (July 2022), Black Adam (October 2022), Under the Boardwalk (October 2022), Shazam! 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