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JPMorgan Chase & Co. recently raised its Sphere Entertainment stock price target from $25 to $28 following the release of the entertainment company’s Q4 figures. Sphere Entertainment Co (NYSE: SPHR) stock rose by more than 7% after the company opened its Sphere venue in Las Vegas with a show by U2
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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The impact blockchain technology is having on the entertainment, creative, and sports industries is profound. Web3 is revolutionizing how fans experience entertainment content and how they engage
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The gaming, entertainment and loyalty industries are poised for big changes, thanks to Web3 tech such as NFTs and DAOs. We talk to the experts on how. Plus, Nike and Puma announced new digital partnerships that show Web3 is still kicking. Source
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Sony could pursue a partial divisional spin-off by listing its finance unit within the next two to three years. Sony Group Corp is reportedly mulling a partial spin-off and listing of its finance unit just three years after assuming full ownership. The Japanese multinational conglomerate could retain a stake of slightly less
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Taboo, an entertainment platform that prioritizes user privacy and is censorship-resistant, has raised $10m at a $250m valuation. TABOO’s blockchain content creation and distribution Taboo offers users a secure environment to share their thoughts and ideas without fear of
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The animated show about trash collectors in space was written by “Workaholics” producer Dominic Russo and stars "Napoleon Dynamite" actor Jon Heder. Source
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On the other hand, streaming channels that focused on a specific niche, serving to a specific community, had a much lower churn rate of 12.7% and a higher lifetime value of $50 or more. Niche channels also had a higher engagement rate, with viewers spending an average of 506 minutes
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A new deal sees the WWE and UFC merge under the same umbrella for all-round combat sports offerings subject to regulatory approval. The World Wrestling Entertainment (WWE) has agreed to merge with the Ultimate Fighting Championship (UFC) to form a publicly-traded combat sports company. According to reports, the new company will be
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Orange Comet, a Web3 startup focused on non-fungible tokens (NFT) and metaverse experiences for the entertainment industry, has raised $7 million in an equity funding round that included a mix of existing and new investors, a spokesperson told CoinDesk. The company expects to launch a larger capital round later this
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