Germany-based second screen TV startup Wywy announced that it has secured USD7 million in Series B funding for its expansion to Europe and the United States.
Games/Entertainment
UK mobile games maker King delays IPO due to Candy Crush surge
UK-based mobile game maker King has delayed its initial public offering (IPO) until 2014 amid fears that its flagship game, Candy Crush Saga, is just a "one hit wonder," said UK-based newspaper.
Programming robots for children maker Play-i nabs USD1.4 million for retail plans
Programming toy robot maker Play-i raised USD1.4 million from investors all over the world via its crowdfunding campaign on its website that lasted 31 days.
Yahoo! buys online live concert platform Evntlive
Yahoo! Inc. on Friday confirmed its purchase of online live concert service Evntlive for an undisclosed sum. As a result of the deal, Evntlive will be shutting down and joining Yahoo!'s video team.
Disney gains rights for future Indiana Jones films after Lucasfilm takeover
Following its USD4.6 billion purchase of Lucasfilm in 2012, Walt Disney Co. has secured marketing and distribution rights over future Indiana Jones installments under an agreement with Paramount Pictures.
Latest News
Nine Entertainment Co., Australia's second-largest media company, seeks to raise AUD643 million (USD582 million) in its initial public offering. If successful, the deal could give Nine a market capitalization of AUD1.93 billion.
Spotify, a popular music-streaming service, confirmed its receipt of a USD250 million investment in a recent funding and also said it paid around USD500 million in royalties to artists this year.
Betfair, a UK-based online gambling firm, said it is setting its sights on Italy and the US after retreating from other markets due to tax rates and unfavorable regulations.
Seoul-based entertainment agency Wellmade StartM acquired DreamT Entertainment for KRW1.1 billion (USD1.04 million), following a growing trend of mergers and acquisition in the entertainment industry.
Cool Japan Fund is looking to invest in TV channels and retail properties in the US and Southeast Asia to promote the country's culture. Cool Japan is backed by the government as well as Japanese companies and is led by a former Carlyle Group executive.
Hamburg-based mobile developing firm Fishlabs has been bought by publisher Koch Media, and its co-founders Michael Schade and Christian Lohr are set to leave the firm.
US movie company AMC Entertainment Holdings Inc said it will seek to raise USD 368 million in its initial public offering. AMC is owned by the Dalian Wanda Group controlled led by Wang Jianlin, the richest man in China.
Los Angeles-based media platform company The Chernin Group (TCG) acquired a majority stake in anime video distribution firm Crunchyroll, giving Peter Chernin's company one of the world's largest streaming websites.
U.S. cinema chain AMC Entertainment Holdings Inc plans to raise as much as $368 million from an initial public offering of 18.4 million Class A shares.
