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Licensing Deal

All articles tagged with #licensing deal

technology24 days ago•5 min saved

Reddit Bets on Human Insight Over AI Summaries as Shares Plunge

Reddit's stock fell more than 20% after earnings as CEO Steve Huffman criticized Google's AI Overviews and signaled a possible end to Reddit's roughly $60 million licensing deal with Google, arguing that Reddit's value lies in deep discussions rather than automated summaries. He noted AI tools are disrupting search referrals and cited a Pew Research study linking AI Overviews to fewer site referrals (which Google disputes). Reddit also has a deal with OpenAI, and investors worry about the company's dependence on Google referrals as the open web navigates AI disruptions.

via Ars Technica|

#google-ai-overviews #licensing-deal #reddit

entertainment26 days ago•2 min saved

Netflix, AMC+ Strike $500M Deal to Co-Stream The Walking Dead Worldwide

Netflix and AMC+ have agreed to a five-year, $500 million licensing deal to co-stream The Walking Dead and its six spinoffs starting in 2027, extending Netflix’s rights beyond the US to territories like the UK, Italy and Australia while giving AMC+ its first-time streaming rights to the main series; the package covers 371 episodes across the franchise, signaling Netflix’s willingness to share rights to keep the popular universe accessible globally.

via Engadget|

#amc #entertainment #international-rights

television26 days ago•16 min saved

Walking Dead Franchise Heads to Netflix and AMC+ in a $500M Global Licensing Pact

The Walking Dead franchise will stream on Netflix and AMC+ starting in 2027 under a five-year, $500 million global licensing deal that covers the original series plus six spin-offs (371 episodes), with licenses starting on different dates across territories and AMC+ gaining access to the original series for the first time.

via Variety|

#amc-global-media #licensing-deal #netflix

business4 months ago•16 min saved

Shirtless Alex Jones Fights The Onion’s Infowars Takeover

Infowars founder Alex Jones livestreams shirtless to denounce The Onion’s licensing deal to acquire Infowars’ brand and IP as part of the brand’s bankruptcy process. The Onion would pay $81,000 a month for six months (with an option to extend) and Tim Heidecker is attached as Infowars’ creative director; the deal still requires court approval, after Jones’ defamation lawsuits helped drive Infowars into bankruptcy.

via The Hollywood Reporter|

#alex-jones #bankruptcy #business

business8 months ago•3 min saved

Nvidia's Strategic Partnership with Groq Boosts AI Chip Competition and Stock

Nvidia's strategic licensing agreement with AI startup Groq, including key personnel hires, aims to strengthen its position in AI inference technology, signaling a shift from training to inference workloads and potentially expanding Nvidia's market dominance. The deal, which keeps Groq independent, is viewed positively by analysts as a move to address market share concerns and diversify Nvidia's AI offerings.

via Investor's Business Daily|

#ai-chips #ai-inference #business

business8 months ago•0 min saved

Nvidia Acquires AI Chip Startup Groq in $20 Billion Deal

Nvidia is planning to acquire top staff from AI chip start-up Groq through a licensing deal, highlighting strategic moves in the AI hardware industry.

via Financial Times|

#ai-chips #business #groq

entertainment2 years ago•2 min saved

"Heels" Wrestling Drama Finds New Life on Netflix with Potential for Third Season

The canceled wrestling drama "Heels" has been licensed to Netflix by Lionsgate Worldwide Television Distribution, giving the streaming platform nonexclusive rights to the two-season, 16-episode series. While Netflix has not renewed the show, there is potential for a revival if it performs well on the platform. However, logistical challenges may arise due to the lead actors' commitments to other projects. This deal reflects Netflix's strategy of licensing "gently used" programming and its increasing focus on sports and "sports adjacent" content.

via Hollywood Reporter|

#entertainment #heels #licensing-deal

music-business2 years ago•3 min saved

"Universal Music Strengthening Ties with Spotify Amid TikTok Dispute"

Universal Music Group has expanded its strategic relationship with Spotify, allowing for new promotional and social tools for UMG artists on the platform, as well as the distribution of music videos in the US through a new agreement with Universal Music Publishing Group. This comes after Universal's licensing dispute with TikTok, which led to the loss of UMG's catalog on the app. The new deal with Spotify aims to enhance engagement and monetization opportunities for artists and songwriters, with features such as teasers for upcoming music releases and plans for additional tools to drive fan interaction and discoverability.

via Music Business Worldwide|

#licensing-deal #music-business #music-industry

business2 years ago•2 min saved

"Minute Media Secures Future of Sports Illustrated Print Edition"

Minute Media, the owner of The Players’ Tribune, has secured a 10-year licensing deal with Authentic Brands Group to operate Sports Illustrated, ensuring the continuation of the magazine's print edition. The deal includes an option to extend for up to 30 years and involves Authentic Brands Group taking a stake in Minute Media. The move comes after months of turmoil at Sports Illustrated and will see Minute Media expanding the magazine's global publishing operations and rehiring some laid-off employees. CEO Asaf Peled plans to maintain the magazine's tradition of in-depth journalism while focusing on short-form sports content creation for mobile devices.

via The New York Times|

#authentic-brands-group #business #licensing-deal

business-and-gaming2 years ago•1 min saved

"Baldur's Gate 3 Rakes in $90 Million for Hasbro, Signaling Big Future for D&D Games"

Hasbro has earned approximately $90 million from the critically acclaimed video game Baldur’s Gate 3 since its August release through a licensing deal with Belgian developer Larian Studios, which utilized the Dungeons & Dragons property owned by Hasbro subsidiary Wizards of the Coast. The game has garnered overwhelmingly positive reviews and sold millions of copies across various platforms, with sales expected to continue through 2024, albeit at a slower pace.

via BNN Bloomberg|

#baldurs-gate-3 #business-and-gaming #hasbro

music-industry2 years ago•3 min saved

Universal Music Group's TikTok Music Removal Sparks Controversy Among Artists

Jack Antonoff, a producer who frequently collaborates with Taylor Swift, criticized Universal Music Group's decision to pull its song catalog from TikTok after failing to reach a new licensing deal, calling it "ass-backwards." UMG accused TikTok of proposing to pay artists and songwriters at a fraction of the rate that other major social platforms pay, while TikTok responded by accusing UMG of prioritizing greed over the interests of artists and songwriters. The issue has sparked a debate within the music industry, with artists expressing concern for developing artists and hoping for a resolution.

via Hollywood Reporter|

#jack-antonoff #licensing-deal #music-industry

music-industry2 years ago•4 min saved

Music Label Threatens TikTok with Taylor Swift Song Removal Over Payment Dispute

Universal Music Group is expected to remove its artists' music from TikTok due to concerns over a subpar licensing deal, AI-generated music flooding the platform, and inadequate compensation for performers and songwriters. UMG accuses TikTok of attempting to bully and intimidate them into accepting unfavorable terms, while TikTok claims UMG is prioritizing greed over the interests of artists and songwriters. UMG's CEO has warned about the potential havoc unregulated AI-generated music could wreak on the industry, and the label has also raised concerns about the safety and legitimacy of its artists in the face of AI technology.

via The Verge|

#ai #artist-pay #licensing-deal

sports2 years ago•1 min saved

"NFL Strikes Licensing Deal with Kristin Juszczyk for Viral Outfit Designs"

Kristin Juszczyk, wife of NFL player Kyle Juszczyk, has reached a licensing agreement with the NFL to use league and team logos on her viral custom jersey-themed outfits, gaining attention after pop star Taylor Swift wore one of her designs. The deal comes just before the Super Bowl, where Kristin will showcase her latest designs.

via FOX Sports|

#kristin-juszczyk #licensing-deal #nfl

music-business2 years ago•2 min saved

Universal Music Group Issues Ultimatum to TikTok Over Song Licensing

Universal Music Group is set to remove its song catalog from TikTok on January 31 after failing to reach a new licensing agreement with the platform. In an open letter, UMG cited issues of fair compensation for artists and songwriters, protection from AI-generated content, and online safety. TikTok responded, accusing UMG of prioritizing greed over the interests of their artists and songwriters, while UMG criticized TikTok for not addressing its obligations as a social platform. This move will impact TikTok users and their ability to use songs from top-tier talent in their videos.

via Hollywood Reporter|

#artists #licensing-deal #music-business

fashion-and-sports2 years ago•3 min saved

"NFL Licensing Deal Secured by Designer Kristin Juszczyk, Famed for Taylor Swift's Custom Jackets"

Kristin Juszczyk, wife of 49ers fullback Kyle Juszczyk, has secured a licensing deal with the NFL for her men’s and women’s apparel designs after gaining attention from celebrities like Taylor Swift and Brittany Mahomes. Her custom creations, including puffer jackets and reworked clothing, have garnered significant social media attention, leading to a surge in followers. With aspirations to expand her design business, Kristin aims to offer unique and stylish options for NFL fans beyond traditional jerseys and T-shirts.

via New York Post |

#celebrity-endorsements #fashion-and-sports #fashion-design