2020 is the year to step up

(This originally appeared as the opening to today’s newsletter. Subscribe here.) We can do more With massive protests across the US over police brutality and systemic racism against black Americans, it’s worth us remembering how central a role media companies have always played in promoting racial prejudice. Not just news media but films, TV shows, […]

June 1, 2020

(This was originally published within today’s newsletter. Subscribe here.) Zynga’s $1.8 billion acquisition of Peak GamesZynga is buying Peak Games, the Istanbul-based mobile games studio that has 12 million DAUs across puzzle games Toon Blast and Toy Blast, for $1.8B in a half-cash, half-stock deal. (Read more) Peak raised less than $25M from outside investors, making this a […]

Deal News: April 30, 2020

(This was originally shared in today’s Monetizing Media newsletter. Sign up here.) Digestible Media Film/TV/Video  NBCUniversal Q1 revenue dropped 7% yoy to $7.7b. (Read more) Filmed entertainment down 22.5% to $1.4b. Theme park revenue down 31.9% to $869m. Ad revenue was down just 2.2% but Comcast expects a harder hit in ad revenue in Q2.   TF1 […]

Gaming VCs survey: esports

I compiled responses from several VC investors on where they see opportunities for esports startups right now: Peter Levin, Griffin Gaming Partners Beth Ferriera, Firstmark Ethan Kurzweil, Bessemer Venture Partners Jens Hilgers, BitKraft Ventures Doug Higgins, Sapphire Sport Rick Yang, NEA Kevin Baxpehler, Remagine Ventures Read it here on TechCrunch >> 7 VCs talk about today’s esports opportunities

Deal News: April 29, 2020

(This was originally shared in today’s Monetizing Media newsletter. Sign up here.) Digestible Media Film/TV/Video  WarnerMedia‘s Turner Broadcasting Europe division acquired The Widget Company (aka TWC), an Amsterdam-based, 30-person firm that designs OTT applications for media companies. (Read more)  Sony is negotiating to make a large investment in Eleven, the UK production company behind Netflix hit show “Sex Education”. […]

The decline of the theatrical window

(This was originally published as a section in today’s newsletter. Sign up here.) The news: Universal Pictures animated film “Trolls World Tour” has earned $95m in its first 3 weeks on-demand, having skipped its theatrical release due to Covid-19. Universal said they will release more films direct to VOD as a result. US and European cinema […]

Deal News: April 28, 2020

(This was published in today’s Monetizing Media newsletter. Sign up here to receive it each day.) Digestible Media Film/TV/Video  Endeavor is raising $250m to help cover operating costs, according to the NY Post. PE firm Silver Lake, which already owns 42% is not planning to increase its stake, per the report. (Read more) Moody’s downgraded Endeavor’s credit […]

There are few people actually enforcing GDPR

(This was originally published in today’s Monetizing Media newsletter. Sign up here.) There are few people actually enforcing GDPRThe EU’s GDPR data privacy rules have caused fear and headaches for the media industry given the hefty fines for violating it and the costs to comply. It turns out there are very few people actually assigned to […]