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Saban Capital Acquisition is buying camera equipment specialist Panavision and Sim Video International in a $622 million cash and stock deal. The transaction, announced on Friday, is aimed at creating a comprehensive production and post-production entity. Saban Capital Acquisition Corp., headed by media mogul Haim Saban,...
Social streaming platform Twitch and developer PUBG Corporation are teaming up to bring a massive amount of Twitch streamer-themed in-game items and skins to popular battle royale game “PlayerUnknown’s Battlegrounds,” they announced on Friday. More than 200 streamer-designed skins are being created for participants of Broadcaster Royale’s second...
Social-music app Smule has launched LiveJam, a feature that it’s billing as the first time anyone can sing live with another user anywhere in the world, in real time. Smule has more than 50 million monthly users for its karaoke-style app, with...
In the first half of 2018, music subscribers grew by 16% and Apple Music gains two points of market share while Spotify maintained its formidable global lead, according to mid-year data published Thursday by analysts Midia Research. According to the report, global subscribers climbed to...
Doubling down on the podcasting business, iHeartMedia reached a deal to acquire podcast pioneer Stuff Media, which includes the HowStuffWorks podcasting business and a slate of 25 podcast shows, for $55 million. A source familiar with the deal confirmed the price, first reported by the Wall Street...
YouTube unveils its first German shows, including two comedy formats, on Wednesday as part of the platform’s continued international rollout of original content for its paid subscription offering. In Berlin for the launch of the three formats, YouTube Chief Business Officer Robert Kyncl told Variety that the...
BMI broke two of its own records in the fiscal year ending June 30, generating $1.199 billion in revenue and distributing $1.118 billion in royalties to its songwriters, composers and publishers, an increase of $95 million, or 9% higher than...
Leading property developer China Resources has struck a deal to build 14 IMAX theaters in its new cinema chains. Theaters will be opened between now and 2021, with installations in Chongqing and Taiyuan debuting this month. Most of the others are expected to be...
Online marketplaces offer consumers the unique and appealing opportunity to shop for virtually anything from the comfort of their own homes. Unfortunately, buying online is a risky endeavor and should be approached with serious caution; you never know when you...
Twitter has been testing out a podcast-like feature of live audio streaming on Periscope. The tests have been going on for a few weeks now and Twitter announced that it's going public with it. There is one catch since the...
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