The delay of Grand Theft Auto VI’s release threw a multibillion dollar wrench in forecasted revenues for a gaming industry in need of a hit.
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TikTok is calling it quits on a music streaming business that barely made it out the door, and only launched trials last year.
With rising valuations, sports team ownership should be a slam dunk. But it’s also possible those valuations are a little rich.
Shares in major video game publisher Ubisoft took an over 7% hit on Monday after a minor investor’s letter.
Toymaker Hasbro crushed expectations in its latest quarter, but its annual guidance hasn’t been updated to consider potential tariffs.
Some fans found that while they were waiting to buy Oasis tickets, the prices had quietly crept up from £135 ($177) to £350 ($460).
Copyright issues make it difficult to substitute creative labor in game development, one expert said.
After a dismal start to the summer, the movie business roared back to life with a steady stream of big-screen hits.
The warnings come as the industry adapts to seismic shifts in technology — which means it may just have some new tricks up its sleeve.
The tech aims to walk a fine line of not overloading customers with bad ads as several streamers launch their own ad-supported tiers.
Though generative AI could make game development faster and easier, the industry is divided on where AI fits into the picture.
Antitrust regulators in India flagged Disney’s $8.5 billion merger with Reliance for competition concerns in cricket broadcast rights.
With Hollywood conquered, Netflix has a new goal: reach a $1 trillion market cap by 2030, according to a Wall Street Journal report.
To win the Streaming Wars, Mickey Mouse will need to get out of the house more. And, no, the trip to Epcot doesn’t count.
To give some perspective on Spotify’s long road to steady profitability, the company was founded all the way back in 2006.
On Tuesday, Spotify put out a press statement saying that its collective payments to the music industry for 2024 totaled $10 billion.