Two Way Media says it has done a “development and funding deal” from the Ingenious Media investment fund and advisory. The funds are said to be earmarked for social gaming investments but as Ingenious owns the majority of TwoWay after a 2007 deal it amounts to the provision of further working capital. Two Way already […]
Playcast Media, the cloud gaming providers, has announced the commercial launch of its Games On Demand service in Singapore, with Singapore Telecommunications Limited (SingTel), Asia’s leading multimedia solutions provider. The partnership marks a key milestone in Playcast Media’s business strategy to expand its service throughout Asia with Telecommunications and Pay-TV networks. Playcast’s Games On Demand […]
Following reports that Nintendo is preparing to announce a new home console, rumours have suggested that the platform holder will adopt Sony’s Blu-Ray disc format for its new hardware. Development sources have told Blu-ray.com that Nintendo is currently looking at using the disc format as its primary optical media of choice, which would make it […]
TeePee Games, a games portal still in beta, has received undisclosed funding from Turner Broadcasting Europe. The investment is a strategic one, and will see TeePee distributing games and providing usage analysis to Turner for games based on popular brands such as Ben10, Scooby Doo and Powerpuff Girls, for platforms including social, mobile, and Flash. […]
IMS Research estimates that at the end of 2010, 13.2 per cent of the world’s digital pay-TV subscribers were requesting VOD content via their set-top box. The number of pay-TV households using VOD services is forecast to triple over the next five years, from 53.9 million at the end of 2010 to 157.3 million at […]
Accedo Broadband, provider of IPTV and Connected TV applications, and Ekioh, provider of browsers and SVG engines have confirmed the availability of casual games in 3D using Ekioh’s latest SVG software. Accedo’s Funspot game service is the most widely deployed IPTV game service in the world and contains more than 100 casual games in various […]
In a study on the growth and profitability of the media and entertainment industry released by Ernst & Young, cable operators showed the highest profitability among all media and entertainment sectors, and interactive media was the fastest growing sector within the industry. The report also reveals that, despite current perceptions, the media and entertainment industry […]
Microsoft could introduce a new television streaming service to the Xbox 360 and Xbox Live later this year, according to a report from ZDNet. The site claims says the service, codenamed ‘Orapa’, will bring Xbox Live and Microsoft’s Mediaroom IPTV together for the first time. It’s said to feature different Xbox Live social aspects like […]
Among mobile phone gamers in UK and US, the mobile phone is now the primary gaming device of choice, leapfrogging video game consoles and personal computers in less than two years, according to a study by Popcap Games. ‘Smartphone’ owners are by far the most avid consumers of mobile phone games. These and other purchase […]
Disney has acquired kids social network Togetherville. The purchase follows the restructuring of Disney’s digital division Disney Interactive Media Group, which saw focus shift away from games consoles and expand its offering across online, mobile and social media. Togetherville launched last May as a social network for children under ten. Its purchase is viewed as […]