LoopMe, a brand-focused mobile advertising platform, has announced Mayfair Equity Partners, a tech and consumer growth investor, as its new investment partner. LoopMe has estimated gross revenues of nearly $100 million (€87.3m) for full year 2021, having achieved revenue growth of c.50 per cent p.a. over the past three years, with the majority of revenues […]
AT&T’s WarnerMedia and ViacomCBS are exploring the potential sale of a significant stake (or all) of The CW Network, which they jointly own, according to reports. Nexstar Media Group, America’s largest local television and media company, is among the lead suitors. The report said an agreement could be reached soon, though the talks are tentative […]
Sony’s Chairman & CEO Kenichiro Yoshida opened the company’s Press Conference at CES in Las Vegas on January 4th by stressing Sony’s continuing thrust to get ever-closer to people and “fill the world with emotion, through the power of creativity and technology”. He touched on Sony’s work with artists such as Adele on her latest […]
Sony announced a firmware update for the premium HT-A7000 soundbar, which will add the widely acclaimed 360 Spatial Sound Mapping capabilities that first premiered in the HT-A9 home theater system in 2021. Customers can access this innovative feature when connecting their soundbar to Sony’s new SA-RS5 wireless rear speakers, launching summer 2022, or the currently […]
The US Department of Justice says it has taken action to return more than $154 million allegedly stolen from a Sony-owned business by one of its employees. The stolen cash was converted into Bitcoin. The employee worked for Sony Life Assurance in Tokyo and the cash was allegedly diverted from the company when Sony attempted […]
Sony Pictures Television has acquired a majority stake in Bad Wolf Ltd to partner it in the next phase of international growth. The deal also includes the Wolf Studios Wales sound stage facility in Cardiff and Bad Wolf’s 30 per cent stake in Bad Wolf America LLC. Ravi Ahuja, Chairman, Global Television Studios and Sony […]
PlayStation 5 owners can now add the BBC iPlayer app to their PlayStation home screens. Neil Hall, Head of Product for BBC iPlayer, commented: “We’re always working to make iPlayer available across as many platforms as we can, and we’re delighted to add the PS5 to the 15,000+ devices where BBC iPlayer is already available.” […]
Punit Goenka, MD of Zee Entertainment, giving a keynote speech at Media Partners Asia’s APOS India event, told delegates that the merger with Sony Pictures Networks India was in its final stages of agreement. “I certainly believe that consolidation is going to benefit the industry overall. Zee and Sony will form the largest media entertainment […]
Jeffrey Hirsch, President and CEO of Starz, has announced that creative executive and producer Kathryn Busby has been named President, Original Programming at Starz. She will be responsible for leading the programming and development team for the global premium streaming platform and delivering on its programming mandate committed to narratives by, about and for women […]
The major investment in Zee Entertainment by Sony has entered the due-diligence phase and the process is progressing well, according to Zee’s MD/CEO Punit Goenka. “We are confident that the process will complete within the stipulated timeline or even before that post which we will move with our next step as mandated by the law. […]