BAMTech, Major League Baseball’s streaming-video unit backed by Disney, has entered into a multiyear deal with Riot Games to deliver “League of Legends” eSports content around the world.
Under the deal, announced Friday, Riot Games — acquired by Chinese internet giant Tencent last year — will work with BAMTech to “grow revenue in our sport through various means, including sponsorship and advertising,” the video-game publisher said.
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Rick Hess, David Bonderman, TPG Chairman and founding partner, and Mark Britt, iflix founder and CEO discuss how the media we consume, the platforms we favor, and the screens we use, are about to change all over again thanks to the changing roles of creators, distributors, and investors.
Gametime is announcing that it has raised $20 million in funding to make it easier for sports fans to buy last-minute tickets to sporting events.
This funding proves that the “economy of now,” also termed the “moments economy,” is still hot. Read More »
Jaunt has picked a new CEO: The Palo Alto-based virtual reality (VR) startup Jaunt has picked Hearst executive George Kliavkoff as its new CEO. The appointment comes as Jaunt is switching its focus from being a VR camera maker to becoming a VR publishing platform. Read More »
Scopely is announcing that it has raised a $55 million Series B round of funding.
The Los Angeles-based company offers tools for promoting and monetizing mobile games — some of those games are developed in-house, others are created by outside studios.
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Attn: Inc. of West Hollywood, a politically liberal news and advocacy site, has raised $18.6 million.
The digital content company will use the infusion of cash to hire more video creators and editors, add more technology to its audience development efforts and expand onto new video platforms. Read More »
UK broadcaster Sky is putting focus on emerging markets and online streaming after it made a $45 million investment in iFlix, a one-year-old company that rivals Netflix in Southeast Asia.
Sky said that the deal is strategic and it will see the two parties “work together to identify areas of future collaboration.” Read More »
Venice, Calif.-based startup Wevr is building what it hopes will become the YouTube of virtual reality. The company has raised over $25 million from strategic investors to help make Wevr Transport a reality. Read More »
Swrve, a leader in the mobile marketing engagement space, today announced that it has closed a $30 million funding and acquisition round. Swrve has acquired adaptiv.io, a data automation platform for mobile. These two announcements come on the heels of a period of significant growth for the company, including reaching one billion installs of the product. Read More »
Jaunt, the leading company pioneering cinematic virtual reality (VR), today announced a $65 million series C round of funding led by The Walt Disney Company*; Evolution Media Partners – a partnership of CAA-backed Evolution Media Capital, TPG Growth and Participant Media; and China- based China Media Capital (CMC). The new investors will greatly expand Jaunt’s global reach, providing significant resources and relationships to help make VR the next mainstream content medium. Read More »
adaptiv.io and Apsalar today announced a partnership that will offer adaptiv.io’s next generation cross-channel and cross-platform data automation system for online and mobile marketing within Apsalar’s enterprise-grade mobile measurement and intelligence platform. This powerful addition to Apsalar’s current offering provides marketers with the ability to intelligently send their user data to widely used marketing systems, such as Google Analytics, Adobe Analytics, and Marketo, and to create real-time automation actions and measure user behavior. Read More »
Entertainment One (“eOne”) and The Mark Gordon Company are pleased to announce that they have partnered to create an independent studio that will finance and produce film, network, cable, and digital premium content, which eOne will distribute internationally. The venture, which is led by Mark Gordon in the role of Chief Executive Officer, will continue producing Mark Gordon premium content and will also expand to finance projects by other producers. Read More »
Scopely has closed a $35M Series A financing round led by Evolution Media (Evolution), and Highland Capital Partners. In addition, former AT&T CEO David Dorman’s Knoll Ventures participated in the financing alongside existing investors Greycroft, The Chernin Group, Sands Capital Ventures and Double M Capital. The raise will be used to advance Scopely’s mission of establishing the world’s premier touchscreen entertainment network, expanding and diversifying Scopely’s successful lineup of mobile game titles across original and globally celebrated entertainment properties. Read More »
Today, Sleepy Giant announced the re-branding of the company as adaptiv.io with a new focus on its next generation cross-channel and cross-platform marketing automation system for app publishers and marketers. The “former” Sleepy Giant had been serving game publishers including Disney and Activision for more than seven years. Read More »
Co-founder/Co-Managing Partner and Executive, Evolution Media Capital – A boutique investment bank, Evolution has negotiated the media rights in some of the biggest deals in sports. “Just being a part of the founding team here at Evolution has been certainly the greatest professional experience of my life thus far,” says Stanley. Read More »
Revolution Studios announced today that is has received a major investment from funds managed by affiliates of Fortress Investment Group LLC (NYSE: FIG) that will recapitalize the company and position it for growth. Following the Fortress investment and buy-out of the original Revolution partners, Revolution will step up its focus on developing, producing and distributing new content for television, while continuing to exploit its library of 50 films and over 200 television episodes. Read More »
Academy Award-winning visual effects and animation studio Rhythm & Hues was acquired out of bankruptcy today by a wholly-owned affiliate of Los Angeles-based Prana Studios, Inc. At a hearing held today in U.S. Bankruptcy Court in Los Angeles, Judge Neil Bason approved Prana Studios affiliate, 34×118 Holdings Inc., as the winning bidder after a two-day auction. Prana Studios, Inc. is a U.S. animation and visual effects studio with offices in Los Angeles and Mumbai, India. Read More »