The global entertainment & media (E&M) industry has regained its momentum, with revenues outpacing the economy as a whole. The $2+ trillion industry is on track to grow 6.5 per cent in 2021 and 6.7 per cent in 2022, fueled by strong demand for digital content and advertising. The renewed growth follows a challenging 2020, […]
Jeel Platform has finished a seed funding round with a $1.2 million seed fund from Kuwaiti and Jordanian angel investors, besides acquiring high-quality animation series, songs, and games to be added to its library, as the company stated. Jeel Platform is an edutainment digital platform founded in the US with headquarters in Riyadh and Cairo. […]
ByteDance, the parent-company of short-form video app TikTok, have reportedly begun selling the AI behind the prodigious platform’s recommendation algorithm. The Beijing-based firm has launched a new division, BytePlus, through which they can supply TikTok’s technology to other companies. Companies who have already bought the algorithm behind the social media sensation include Indonesian shopping app […]
Kaspersky and Fnatic announce a global partnership. The two companies will develop multiple joint initiatives including multi-channel digital content campaigns and a digital event series. In addition, the Kaspersky brand name will appear on the jerseys of the Fnatic Rising League of Legends team. For years, Kaspersky has been committed to the development of esports […]
Silverline acquired Shift CRM, a Canada-based company specialising in building solutions on the Salesforce platform for Media and Entertainment organisations. The financial terms of the deal were not disclosed. The addition of Shift CRM enhances Silverline’s commitment to using deep industry expertise to create solutions on the Salesforce platform and Salesforce Media Cloud that enable […]
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, launched the ‘National Program for Coders’ a major new initiative to foster the growth of the digital economy. The landmark Program will introduce a series of initiatives to develop talent, expertise and innovation in the […]
OneScreen.ai has closed $1 million in pre-seed funding. The investment is led by TechFarms Capital with participation from HubSpot co-founders Brian Halligan and Dharmesh Shah, Wayfair’s alumni fund (Wayfund), Lola.com CEO Mike Volpe, BuySellAds.com CEO Todd Garland, HubSpot CMO Kipp Bodnar, HappyNest CRO Jeanne Hopkins and several OneScreen.ai customers who have become investors. OOH advertising, […]
Social eCommerce startup DealShare announced that it has raised $144 million in a Series D round, led by Tiger Global in its third fund-raise in the last seven months. The latest funding round was led by WestBridge Capital, Alpha Wave Incubation (a venture fund backed by ADQ, and managed by Falcon Edge Capital) and Z3Partners. […]
Global data, measurement and analytics company Nielsen has acquired TVTY, a TV attribution provider and ad monitoring company based in Paris, France. Financial terms were not disclosed. TVTY brings a wide range of outcomes capabilities that improve TV campaign execution. TVTY’s solutions enable advertisers and agencies to seamlessly optimise their spend based on the outcomes […]
Namogoo, the Digital Journey Continuity Platform, announced its acquisition of Remarkety, a leading provider of data-driven marketing automation solutions. This is Namogoo’s second strategic M&A following the acquisition of Personali in early 2020. The acquisition of Remarkety, an eCommerce marketing automation company serving over 500 global brands, will enable Namogoo to provide complete Digital Journey […]
