K-pop agency HYBE reported on Thursday a disappointing lower-than-expected profit for the first quarter of 2024.
Games/Entertainment
NBA Champion Kyle Kuzma Joins Scrum Ventures as Adviser for Its Sports and Entertainment Fund
NBA champion Kyle Kuzma has recently taken on a new role as an adviser to an early-stage venture firm called Scrum Ventures.
EA Admits Spending Cuts Plan After Failing to Reach Annual Bookings Target
Electronic Arts (EA) revealed that their full-year bookings were forecasted to be between $7.3 billion and $7.7 billion, which is below Wall Street estimates of $7.76 billion.
Sam Ash Closes All 42 Stores After 100 Years
Musical instrument retailer Sam Ash announced it would be closing all of its stores by July 2024 after 100 years in the business.
Universal Music Group Reports Nearly 6% Q1 Revenue Growth After a New Deal With TikTok
The generated revenue of Universal Music Group rose nearly 6% during the first quarter of 2024. The generated revenue of Universal Music Group rose 5. 8% during the first quarter of 2024, reaching 2.
Latest News
Indonesia's beloved children's musical theater series, formerly known as "Pesta Sahabat," is set to make a grand comeback under a new moniker: "Swish." RTV, the broadcasting network behind the iconic show, has announced the relaunch, promising an exciting blend of entertainment and edutainment for young viewers across the nation.
LinkedIn has entered the gaming industry to boost user engagement and retention by launching three puzzle games—Pinpoint, Queens, and Crossclimb—available on desktop and mobile platforms.
Warner Bros. Discovery shares plummet 10% as NBCUniversal bids $2.5 billion for NBA broadcast rights.
A lost masterpiece by Austrian artist Gustav Klimt, titled "Portrait of Fräulein Lieser," recently sold for a remarkable €30 million ($32 million) at auction in Vienna.
Korean entertainment powerhouse HYBE launches an audit into subsidiary label ADOR, following CEO Min Hee-jin's 18% ownership disclosure.
Aaron LaBerge, the chief technology officer for Disney Entertainment and ESPN, is stepping down from his role at the company.
Cinemark is allegedly duping its customers by offering 24-ounce drink cups that can only hold a maximum of 22 ounces, according to a proposed class-action suit filed in a Texas federal court.
Netflix's decision to cease reporting quarterly subscriber numbers heralds a shift in focus towards financial metrics like revenue and free cash flow, indicating its evolution beyond the "streaming wars."
Lord of the Fallen developer CI Games reports a record-breaking 400% surge in company profits, just after implementing a 10% job cut that it received criticism for earlier in the year.
