Encompass Digital Media, Inc.

variety | April 30, 2020

Tencent Music has completed an investment in Radio Music Warehouse, a music-for-business company that distributes content to shops offices and other workplaces. The deal was announced this week with few financial terms disclosed. One of the few details shows that Tencent has been granted the right to increase its stake to a position of majority control. “Radio Music has a professional music-for-business service system and comprehensive offline coverage resources. Through this investment, w...

Media and Broadcasting

SIMULTV, VIVA Entertainment Group, Inc. | June 14, 2021

Viva Entertainment Group, Inc, a developer of OTT systems through which television services are delivered using the Internet, Is pleased to announce it has signed a deal with urban celebrity boxing for all its events. SimulTV is the leader in global media streaming platforms with over 100 plus channels. Under a new partnership with Viva Live, SimulTV will stream them all to millions of viewers in the US, Central, and South America. "We at SimulTV do many things...

Business

Electronic Arts & AT&T | September 20, 2021

Today, Electronic Arts ,AT&T and WarnerMedia announced the completion of EA’s acquisition of Warner Bros. Games’ Playdemic, Ltd. for $1.4 billion in cash, subject to customary purchase price adjustments.Playdemic is a premier mobile gaming company known for its award-winning game Golf Clash that allows players around the world to compete with each other in real time. With more than 80 million downloads globally to date, Golf Clash is one of the leading mobile games in the U.S. an...

Media and Broadcasting

businesswire | July 12, 2023

Global media company iMedia Brands, Inc. announced that it has entered into an asset and equity purchase agreement (the “AEPA”) with an affiliate of RNN National Media Group (“RNN”), a privately owned portfolio of independent broadcast assets and production and distribution capabilities, to sell substantially all of the Company’s assets, including its ShopHQ Networks, 1-2-3.tv, iMDS, J.W. Hulme, and Christopher & Banks businesses for approximately $50 mill...