Microsoft reportedly will consider removing the monthly paid subscription of Xbox One and Xbox 360 owners to access apps like Netflix and Hulu for free.
Games/Entertainment
Spackman Equities Group Entertainment Subsidiary Launches IPO in Singapore
Spackman Equities Group Inc. (the "Company" or "SEGI") (TSX VENTURE:SQG) announced today its entertainment subsidiary, Spackman Entertainment Group Limited ("SEGL"), one of Korea's leading theatrical film production groups, registered its Offer Document and launched its Initial Public Offering ("IPO") on Friday, July 11, 2014 in Singapore.
Digital warriors battle to get African games on phones
Safari the warrior crouches in the bush - a digitized heroine from the new mobile phone game "Afro Fighters" that its Nigerian creator hopes will soon rival the likes of Clash of Clans or Angry Birds on the world's handsets.
Microsoft CEO commits to develop Xbox platform
Microsoft Corp (MSFT.O) Chief Executive Satya Nadella committed to develop its Xbox gaming platform in a letter to company employees, quashing rumors that the unit might be spun off.
Live video startup Twitch builds studio to woo gamers, advertisers
Live streaming startup Twitch, which grew its users over 40 percent in the past year, said it is building a studio in San Francisco to host videogame broadcasts and attract more advertisers and viewers to its novel live chat format.
Latest News
Nintendo Co Ltd plans to introduce a new kind of games console and software for emerging markets as early as next year, to capitalize on higher entertainment budgets amidst a growing middle class, its chief executive told Reuters on Thursday.
New York, US-based open-source video platform Kaltura bought Tel Aviv, Israel-based pay TV service startup Tvinci for an undisclosed amount to gain flexibility in the video business and grow its revenue.
New York, US-based mobile gameplay-recording startup Kamcord raised $7.1 million in a Series A funding round led by TransLink Capital to conquer the giant gaming markets of Japan, China, and South Korea.
Sao Paulo, Brazil-based curated web platform Netshow.me closed an undisclosed amount in its seed funding round from Buscape co-founder Rodrigo Borges to offer online concert service for artists and musicians.
American film and music producer Warner Bros picked up a minority stake in Santa Monica, California-based broadband television startup TV4 Entertainment for an undisclosed amount to maintain its standing in the digital-video industry.
Beverly Hills, US-based live entertainment and e-commerce firm Live Nation Entertainment picked up a minority stake in Live Nation Japan for an undisclosed amount to become the latter's full owner.
US-based game developers' platform Unity Technologies added San Francisco, California-based predictive analytics startup Playnomics for an undisclosed amount to step out of game engine into the game services sector.
Tencent Holdings would launch the Chinese version of Candy Crush Saga through a partnership with King Digital Entertainment.
In a bid to expand its user base and retain loyalty, London, UK-based social TV app Zeebox rebranded itself as a new app called Beamly which now has enhanced social functionality and content discovery range.
