Tag: entertainment
Spotify users are flocking to ‘chill’ playlists during COVID-19
“Every day now looks like the weekend,” says Spotify's newest financial report, and one of the earliest looks at how COVID-19 impacts streaming businesses. The music and podcast company, as expected, saw user growth increase, with 286 million total u… Source
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In conversation with Sasha Astafyeva, Atomico’s new consumer-focused investment partner
European VC firm Atomico announced this week that it has hired Sasha Astafyeva as a new investment partner. Astafyeva previously spent three years as a principal at Felix Capital . In her new role, she’ll lead “sourcing, due diligence, and management” of consumer tech companies, according to a company statement.…
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Universal’s plans for more ‘premium VOD’ push AMC to drop its movies
Earlier today the Wall Street Journal reported that a direct-to-home release of Trolls World Tour earlier this month netted Universal more revenue than the box office release of the first Trolls film. According to its sources, the $20-per-rental sche… Source
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The reigning Overwatch League MVP is switching to ‘Valorant’
For Blizzard and Overwatch, a professional esports league has always been a huge part of its strategy, and now other games are competing for the talent it’s developing. League of Legends maker Riot Games is currently developing its own competitive sh… Source
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Streaming films are temporarily eligible for Oscars, no theatrical run required
Widespread theatrical closures have forced the Academy of Motion Picture Arts and Sciences to loosen the rules around which films qualify for Oscars. This might not seem like much of a breakthrough in a year when Netflix got the most Oscar nominations of any studio, and when the streamer’s original…
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Streaming-only movies will be eligible for awards at the 2021 Oscars
The Academy of Motion Picture Arts and Sciences is easing up on its opposition to streaming movies, however temporarily. Its board of governors has approved a rule change that will make digital-only movies eligible to win Oscars, but just for the cur… Source
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