On December 5th, Netherlands-based media conglomerate Prosus will hold a Capital Markets Day (along with its major backer Naspers) and it has prompted investment bank Exane/BNPP to issue a note to clients which – in summary – says that Prosus is set to emerge from the crises [of the past few years] stronger and is […]
Linius has annnnounced the appointment of Barry McNeill as its new director. McNeill has over 20 years of experience in Sports Management and Sports Technology. He has led multiple sport-tech companies through rapid growth phases as CEO at Catapult Sports and Prozone, which was acquired by StatsPerform in 2015. Linius has clients across a wide […]
China, despite plenty of challenges, has traditionally been a robust performer for internet and related activity. But October 24th saw a “severe sell-off” according to analysts at investment bank Exane/BNPP. In trading on October 25th there was something of a recovery following the earlier dramatic declines. But the hard numbers on the falls did not […]
Tencent Cloud – the cloud business of global technology company Tencent – has announced its all-round support for Japanese streaming service Mildom to enhance the service’s operational efficiency and elevate video streamers’ experience. Leveraging Tencent Cloud’s cutting-edge solutions, Mildom opens more doors to boost its competitiveness in the industry and provide its users with seamless […]
Results from the Kagan 2022 China Consumer Insights survey, completed in June 2022, show that 92 per cent of internet adults in the country watch paid or free online video. Over two-thirds (68 per cent) said they use iQiyi, owned by online search engine giant Baidu, followed closely by 66 per cent using Tencent Video. […]
China’s National Press and Publication Administration, which controls how video games are permitted, licensed and supervised in China, recently approved 67 new games for domestic distribution. Tencent saw one of its associated local developers, iDreamsky, gain approval for its Eternal Return game. But there were no imported games in the list and this is the […]
NetRange, a global provider of white-labelled, turnkey Smart TV and OTT ecosystems, has been selected by Tencent Video to power the international expansion of its WeTV service by reaching new Smart TV and connected device users through the NetRange Smart TV App Store. This agreement enables WeTV to leverage NetRange’s single integration process, eliminating the […]
Tencent’s share price in Hong Kong fell back 1.5 per cent on June 28th, but Prosus NV stock jumped 10 per cent on the Amsterdam market while shares in Naspers (on the Jo-berg market) rose 13 per cent on the decision by Naspers to buy back its own stock for cancellation. Prosus/Naspers CEO Bob van […]
South African multinational Naspers, which is Tencent’s largest shareholder, has reversed its previous decision not to sell shares in what is China’s most valuable business. Naspers, which owns a 29 per cent stake in Tencent via the Dutch-based Prosus media business, said on June 27th that it would start selling “small” numbers of ordinary shares […]
At the BAFTA Games Awards on April 7th, Returnal won Audio Achievement, Best Game and Music, and Performer in a Leading Role for Jane Perry, winning her first BAFTA. Two games won two BAFTAs each: It Takes Two won Multiplayer and Original Property, and Ratchet & Clank: Rift Apart won Animation and Technical Achievement. Kimberly […]