media and entertainment
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Shazam is finally profitable after a billion downloads
Shazam, the mobile and desktop app that acts as a digital ear and song identifier, crossed the 1 billion download mark recently, according to a report from Billboard on Thursday. The London-based company, Shazam Entertainment Ltd., also announced that it has achieved profitability, at long last, thanks to a new focus on advertising sales, alongside revenue from commissions on digital… Read More
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Gfycat raises $10 million to help creatives fire up the memes
A startup called Gfycat (which is pronounced “Jiffy Cat”) has raised a mammoth $10 million seed round to turn its already popular user-generated content platform into a revenue generating concern. On the content creation side of its business, the startup reports that 2.5 million unique users have already created 25 million “Gfycats,” or short, silent, looping animations… Read More
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Walt Disney Co. reveals 9 new startups in the Disney Accelerator spanning robotics, cinematic VR and AI
The Walt Disney Co. is kicking off the third session of its corporate accelerator this week, and revealed 9 new companies admitted to the program. A full list follows at the end of this post.
The companies are developing everything from cinematic virtual reality and holographic content, to robots with human-like facial expressions.
Because alumni of the Disney Accelerator have scored big… Read More
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