Digital

N.Y. Times Seals Deal to Buy The Athletic for $550M

N.Y. Times Seals Deal to Buy The Athletic for $550M

BY  ALEX WEPRIN | HollywoodReporter.Com Troy Warren for CNT #Digital  #Business The Athletic launched five years ago with a focus on subscription local sports journalism. The New York Times is making its biggest acquisition in years. The journalism giant is buying the digital sports outlet The Athletic in a deal valued at $550 million in cash. The company officially announced the deal Thursday afternoon. The Athletic, launched in 2016, has focused on local sports and other sports-related beats with a focus on subscriptions. Along the way, the company poached some of the top sports beat writers in many markets, having them continue to cover…
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Range Media to Give Clients Access to NFT Tech Through Recur Deal

Range Media to Give Clients Access to NFT Tech Through Recur Deal

BY  J. CLARA CHAN | HollywoodReporter.Com Troy Warren for CNT #NFT  #Digital  #Technology Recur is the company behind digital collectibles for Sanrio's Hello Kitty and ViacomCBS' content library. Range Media Partners is linking up with Recur, a leading NFT company, to make it easier for their clients to create NFTs as Hollywood gets increasingly involved with digital collectibles. Through the partnership, Range’s clients will be able to use Recur’s technology to create their own NFTs that are not bound to a specific blockchain and can be purchased in U.S. dollars with credit or debit cards in addition to cryptocurrency. Recur has already tapped…
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Where Podcast Producers May Turn for Deals in 2022

Where Podcast Producers May Turn for Deals in 2022

BY  J. CLARA CHAN | HollywoodReporter.Com Troy Warren for CNT #Digital Nearly 40 percent of listeners in a recent survey say they want podcasts from YouTubers and influencers. If 2020 and 2021 were the years Hollywood stars proved their mettle in podcasting, 2022 could be the year top influencers find their stride in audio. A survey of U.S. listeners by Acast and Nielsen finds nearly 40 percent of respondents said they wanted podcasts from YouTubers and influencers, outranking interest in shows from music and TV personalities. “We anticipate that this consumer desire will drive content creators who are looking to please their fans to…
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5 predictions for bitcoin, NFTs and the future of money

5 predictions for bitcoin, NFTs and the future of money

 | CNET.Com Troy Warren for CNT #NFT  #Technology  #Digital Cryptocurrency made many of the strangest headlines of 2021. Boosters touted digital currencies as a world-changing technology with the potential to create new economies and empower unbanked populations everywhere. Critics pointed to crypto's massive environmental footprint, as well as its popularity in online crime. The chasm between these views will be hard to bridge. Much of the cryptocurrency industry functions as a hype-monster, powered by oddball memes of cute dogs and outer space emoji. The same industry boasts a staggering amount of funding from venture capitalists and private enthusiasts, along with real…
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Dr Disrespect Teams With ‘Call of Duty’ and ‘Halo’ Veterans to Launch Game Studio

Dr Disrespect Teams With ‘Call of Duty’ and ‘Halo’ Veterans to Launch Game Studio

BY TRILBY BERESFORD | HollywoodReporter.Com Troy Warren for CNT #Digital  #Gaming The banner, titled Midnight Society, is currently in development on its first title. Guy Beahm, better known as streamer Dr Disrespect, and industry veterans Robert “fourzerotwo” Bowling and Quinn DelHoyo have co-founded game studio Midnight Society. Bowling, who served as creative strategist and community manager for Call of Duty at Infinity Ward, will take the role of studio head. DelHoyo, who designed levels and weapons for Gears of War and later worked on the Halo series, will serve as creative director. The studio, which is backed by gaming entrepreneur Sumit Gupta, will aim to involve communities and influencers…
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Twitch Hires Former Facebook and YouTube Exec to Advocate for Underrepresented Creators

Twitch Hires Former Facebook and YouTube Exec to Advocate for Underrepresented Creators

BY TRILBY BERESFORD | HollywoodReporter.Com Troy Warren for CNT #Digital As global head of strategic programs and culture, Kendra Desrosiers will develop programs to highlight new voices, as well as oversee initiatives based on social impact and strengthen Twitch's reach within colleges and universities.  Twitch said Wednesday that Kendra Desrosiers has been appointed global head of strategic programs and culture. In the role, Desrosiers, a former marketing executive at Meta (formerly Facebook) who led media partnerships and strategies for a host of media products aimed at empowering artists, will advocate for underrepresented creators and develop programs to highlight their voices, as well…
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TV News’ Streaming Talent Push: The Future Is Now

TV News’ Streaming Talent Push: The Future Is Now

BY ALEX WEPRIN | HollywoodReporter.Com Troy Warren for CNT #Digital  #EditorsPicks Chris Wallace's CNN+ hiring served as a shot across the bow for competitors as streaming-first deals could become the new TV news norm. On Dec. 12, the news took almost everyone by surprise. Staffers in Fox News Channel’s DC newsroom, and guests on its Fox News Sunday, who were speaking with anchor Chris Wallace on-air minutes before, were kept in the dark until Wallace revealed the news on-air: It was his last show, and he was leaving for something different. “I want to try something new, to go beyond politics to all the…
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Reddit Lays Groundwork for Public Offering With Confidential SEC Filing

Reddit Lays Groundwork for Public Offering With Confidential SEC Filing

BY J. CLARA CHAN | HollywoodReporter.Com Troy Warren for CNT #Digital  #Business The company was most recently valued at $10 billion in a private fundraising round. Reddit has submitted a confidential registration statement with the SEC as the company prepares for a public offering in the new year. The company has not yet determined how many shares or the price offer for its common stock, according to an announcement released Wednesday evening by Reddit. Co-founded by Alexis Ohanian and currently led by CEO Steve Huffman, Reddit was most recently valued at $10 billion in an August fundraising round led by Fidelity Management and Research Company…
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Spotify Buys Company That Turns Radio Shows Into Podcasts

Spotify Buys Company That Turns Radio Shows Into Podcasts

BY J. CLARA CHAN | HollywoodReporter.Com Troy Warren for CNT #Digital  #Technology Whooshkaa, based in Australia, will soon be integrated into Megaphone, the podcast advertising and publishing platform the audio giant acquired last year. Spotify has acquired Whooshkaa, an Australian podcasting platform that allows radio broadcasters to turn their shows into monetizable podcasts. Using Whooshkaa’s technology, broadcasters are able to record live broadcasts and edit out ads that can be replaced with dynamic, podcast-only ads. Following the acquisition, Whooshkaa’s technology will be integrated into Megaphone, the podcast advertising and publishing platform that Spotify acquired last year, and the audio giant will be able to add…
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“TikTok Made Me Buy It”: Live-Stream Shopping Heats Up Amid Holidays

“TikTok Made Me Buy It”: Live-Stream Shopping Heats Up Amid Holidays

BY  ALEX WEPRIN | HollywoodReporter.Com Troy Warren for CNT #Digital NBCUniversal joins YouTube, Twitter and others in exploring an emerging market that may hit $11 billion this year. Jason DeRulo was frosting some cookies. He just didn’t know how to decorate them. So he turned to his viewers. “Should I decorate them with an ornament? A present? Or a snowflake?” he asked. The singer-songwriter wasn’t performing any music, nor was he acting in a TV show, per se. Instead, he was live on Twitter on Nov. 28, as part of a live-stream shopping event the platform hosted with Walmart. DeRulo’s…
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