Tag: entertainment
Sony Music Entertainment Annual Revenue Cracks $8.5 Billion As Recorded Music Delivers 32% Income Hike
A breakdown of Sony Music Entertainment streaming revenue by quarter. Photo Credit: Sony Group CorporationSony Group Corp. generated ¥1.36 trillion ($10.02 billion at the present exchange rate) from its music division during the 2022 fiscal year, when recorded music income swelled by over 32%, according to a new earnings report. The FY 2022 financials of
Astragon Entertainment snaps up Independent Arts
If you click on a link and make a purchase we may receive a small commission. Read our editorial policy. The firm's acquisition intents to expand its games offerings and Holger Kuchling will remain on as the studio's CEO. Sign up for the GI Daily here to get the biggest news straight to your inbox
Sony Pictures Entertainment Sees Full-Year Profit Fall Without Franchise Film Launches
Sony Pictures Entertainment saw operating income dip by nearly $800M for the fiscal year to March 31, 2023, as a lack of tentpole franchise launches bit. The Sony Corp-owned unit, which houses film, TV production and TV networks, reported operating income of 119.3 billion yen ($880M), down from 217.4 billion yen ($1.67B) last year. With
Linden Entertainment Signs ‘Elvis’ & ‘The Staircase’ Actor Olivia DeJonge
EXCLUSIVE: Rising Australian actress Olivia DeJonge (Elvis, The Staircase) has signed with Linden Entertainment for management. Related Story Alyah Chanelle Scott Signs With Lighthouse Management + Media DeJonge starred opposite Austin Butler in Baz Luhrmann’s celebrated Warner Bros drama Elvis, which grossed over $288M globally and this year notched eight Academy Award nominations including Best
Focus Entertainment acquires Train Simulator studio Dovetail Games
All Aboard Publisher Focus Entertainment continues on its journey to grow as a company and as a brand within the market, announcing that it has acquired Railsimulator(dot)com, the parent company of train sim studio Dovetail Games. The purchase sees Focus secure 100% of all Dovetail Games shares, as well as ownership of the British studio’s
Focus Entertainment acquires Train Simulator dev Dovetail Games
Focus Entertainment has made its first acquisition of 2023 with the purchase of Dovetail Games. Per GamesIndustry, the purchase includes all of the UK developer's properties, such as the Train Sim World and Train Simulator Classic series. Senior leadership, including current CEO Jon Rissik, will continue to operate the company. Dovetail first opened in 2008 and specializes in
Focus Entertainment Acquires Dovetail Games
by William D'Angelo , posted 10 hours ago / 546 ViewsFocus Entertainment announced it has acquired the parent company of Dovetail Games, Railsimulator.com. The UK-based developer and publisher is known for creating train simulation games and fishing simulation games. This includes Train Sim World 3, Train Simulator Classic, Bassmaster Fishing 2022, The Catch: Carp &
Remedy Entertainment Changes Logo for First Time in More Than 20 Years
by William D'Angelo , posted 8 hours ago / 609 ViewsControl and Alan Wake developer, Remedy Entertainment, announced it has changed its logo for the first time in over 20 years. "A few years ago, as our studio has been transforming from creating a single game at a time to making several simultaneously and expanding
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Bitcoin
Bitcoin Treasuries Are Cracking as Public Companies Turn into BTC Sellers
A wave of bitcoin selling from public companies and sovereign entities is adding pressure to the bitcoin market, as firms that once called themselves long-term holders sit on long-term losses and move to shore up balance sheets, repay debt, and fund strategic pivots. Companies including Riot Platforms, Genius Group, and Nakamoto Holdings have all reduced
analyst
Analyst Says Bitcoin Closing 6 Red Monthly Candles Isn’t Bearish, What To Expect
Bitcoin’s recent price structure has not been easy to sit through. The price action has spent months moving sideways to lower, printing a series of bearish monthly closes since October that have placed the crypto sentiment in fear. That kind of slow pressure tends to feel worse than sharp sell-offs. According to a crypto analyst
Bitcoin
Bitcoin breaks critical support as dollar and oil move together, raising risk of a deeper drop
Bitcoin spent the past 24 hours returning to the key levels on my channel map rather than continuing its breakout. It tested a boundary, failed to convert that test into acceptance, and rotated lower into the next pocket of support memory. Bitcoin price slid from the upper $68,000s and low $69,000s to around $66,400 by
Mapletree
Mapletree Notches Fifth US Logistics Disposal With $207.5M Sale to Dalfen
Mapletree Investments has sold a US logistics portfolio to last-mile specialist Dalfen Industrial for $207.5 million, as the Singapore-based group continues a string of disposals across its North American warehouse platform. The transaction marks Mapletree’s fifth major US logistics divestment... Read More>> The post Mapletree Notches Fifth US Logistics Disposal With $207.5M Sale to Dalfen appeared first
Bitcoin
Bitcoin slips below $67k as ETF outflows curb risk appetite
Key takeaways BTC is down 2%, erasing the recovery earlier this week, US-listed spot ETF recorded an outflow of $173.73 million on Wednesday, breaking its two days of inflow this week. Bitcoin faces continued losses amid weaker institutional demand Bitcoin (BTC) prices continued to decline on Thursday, trading below $67,000, almost completely erasing the recovery