Sunday, March 24, 2019

Business

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Fortnite hits its video game dominance, topping 200 million registered players this month and peaking at 8.3 million people playing the game at once, Epic Games tells Variety. Both numbers show a significant increase in player count. In June, Epic Games noted that it had...
The UFC is poised for a big year in 2019, starting with the kickoff next month of its broad five-year rights pact with ESPN. Lawrence Epstein, chief operating officer of UFC parent company Zuffa, LLC, has no shortage of growth ambitions for the sports...
Former President George H.W. Bush has died, his son, former president George W. Bush, announced Friday night. He was 94. “Jeb, Nell, Marvin, Doro, and I are saddened to announce that after 94 remarkable years, our dear Dad has died,” George W. Bush said in...
Chinese e-commerce giant Alibaba made net profits of $2.65 billion in the three months to September, a modest gain of 5%. That compared with a further 54% leap in revenues to $12.4 billion, and the company portrayed the period as an...
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...
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