Japan’s Sony said Thursday it has agreed to buy US anime streaming giant Crunchyroll, which has more than three million paying subscribers, in a deal worth $1.17 billion. By purchasing the anime, games and manga...
Indian short video platform Bolo Indya raises $400,000 from Inflection Point Ventures
Homegrown short-video platform, Bolo Indya, has raised $400,000 from Inflection Point Ventures, taking the company’s total to fundraise till date to $1 million. The platform currently has 6.5 million users and is...
Flutter enlists Fox help to control FanDuel in $4 billion deal
Flutter Entertainment raised its bet on the U.S. gambling market on Thursday, with a $4.18 billion deal to increase its FanDuel holding to 95% and end Fastball’s involvement in online sports betting platform FOX Bet...
Reliance Jio leads funding round in gaming company Krikey
Reliance Jio on Wednesday said it has led Series-A funding round in augmented reality mobile gaming company Krikey. The company did not disclose the financial details of the investment. With this round, the total...
Gaming platform Roblox acquires Imbellus assets ahead of IPO
Roblox Corp said on Tuesday it had acquired the intellectual property assets of cognitive assessment start-up Imbellus to sharpen the U.S. online gaming platform’s recruitment practices before a planned initial public...
Vistas Media Capital to invest $5 million in Marathi OTT service Planet Marathi
Singapore-based media focused investment entity Vistas Media Capital (VMC) has agreed to invest up to $5 million in Planet Marathi Seller Services, the holding company of soon to be launched Marathi video streaming...
Apollo Global funds to buy Great Canadian Gaming for $1.66 billion
Great Canadian Gaming Corp said on Tuesday that Apollo Global Management would acquire the company for about C$2.16 billion ($1.66 billion) through funds managed by its affiliates. Apollo Global’s offer of C$39 per...
British videogame maker Codemasters agrees to Take-Two’s 759 million pounds buyout offer
UK-based videogame developer Codemasters Group Holdings has agreed to Take-Two Interactive Software Inc’s buyout offer of 485 pence per share, the U.S. videogame-maker said on Tuesday. The cash-and-stock offer...
TikTok parent ByteDance seeks to raise cash at $180 billion valuation
ByteDance Ltd. is in discussions over a $2 billion financing round before listing some of its businesses in Hong Kong, people familiar with the matter said, as talks over a sale of TikTok to Oracle Corp. and Walmart Inc...
Flipkart bolsters gaming strategy, acquires gaming startup Mech Mocha
E-commerce giant Flipkart has strengthened its gaming strategy through the acquisition of intellectual property (IP) from Mech Mocha, a mobile gaming start-up that runs India’s first live-social gaming platform Hello...
TikTok signs deal with Sony Music to expand music library
Short video-sharing app TikTok said on Monday it had signed a deal with Sony Music Entertainment that will give all its users access to Sony’s portfolio of music including global artists such as Beyonce, Martin Garrix...
Zee Group in restructuring mode; Rahul Johri to head content, revenue
Private broadcaster Zee Entertainment Enterprises Ltd (ZEEL), which has been facing cash flow issues for over a year, on Wednesday unveiled a major strategic restructuring involving its key talent and integrated various...
