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Lottery.com Expands Committed Financing Facility with Generating Alpha to $300 Million
Globenewswire· 2025-06-23 14:50
FORT WORTH, Texas, June 23, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ: LTRY, LTRYW) (“Lottery.com” or “the Company”), a leading technology company transforming the intersection of gaming, sports and entertainment, announces that it has successfully executed an Amendment to its Stock Purchase Agreement with Generating Alpha Ltd., expanding the committed financing facility from $100 million to $300 million, while reducing the discount Generating Alpha receives saving the Company nearly $12 million ove ...
24/7 Market News: VENU has Partnered with Industry Leaders, including Aramark and AEG, to Scale Operations
Newsfile· 2025-06-23 13:31
24/7 Market News: VENU has Partnered with Industry Leaders, including Aramark and AEG, to Scale OperationsJune 23, 2025 9:31 AM EDT | Source: 24/7 Market NewsDenver, Colorado--(Newsfile Corp. - June 23, 2025) - 247marketnews.com, a pioneer in digital media dedicated to the swift distribution of financial market news and information, reports that as Venu Holding Corporation (NYSE American: VENU) aggressively scales its fan-founded, premium amphitheater model across the country, its recently ann ...
北斗智影发布“七星Agent”AI智能体,短剧出海创作效率提升20倍
Feng Huang Wang· 2025-06-23 12:08
Group 1 - The core viewpoint of the article highlights the significant growth in the global short drama market, with projected in-app purchase revenue reaching $570 million in 2024, a 12-fold increase year-on-year, and expected to approach $2.3 billion by Q1 2025 [1] - The launch of the "Qixing Agent" by Beidou Zhiying represents a major technological breakthrough, enhancing content creation efficiency by reducing video editing time from 30 minutes to just 3 minutes, achieving over 20 times improvement in overall creation efficiency [1] - The platform has generated over 10 million secondary creation videos and distributed more than 500,000 videos, indicating strong commercial performance since its launch [2] Group 2 - The Yangtze River Digital Audio-Visual Industrial Park has attracted 43 companies since its opening in September 2024, with a total investment scale of 300 million yuan, showcasing a complete industrial ecosystem [2] - AI technology plays a crucial role in content localization, supporting 28 languages and dialects, and enabling accurate translation while preserving emotional nuances [2] - The AI + Super Individual Distribution System introduced by Beidou Zhiying aims to shift the supply model from "production-driven sales" to "sales-driven production," significantly increasing private domain conversion rates to 80% [3]
Lottery.com Regains Nasdaq Compliance as Stock Trading Activity Soars
Globenewswire· 2025-06-23 11:25
FORT WORTH, Texas, June 23, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ: LTRY; LTRYW) (“Lottery.com” or “the Company”) received formal notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) confirming that the Company has regained compliance with Nasdaq Listing Rule 5450(a)(1), which requires a minimum bid price of $1.00 (the “Rule”). The Company met this requirement by maintaining a closing bid price of $1.00 or higher for twenty consecutive business days from May 21 through June 18, 2025. ...
Summers on the Fed, Aramco Evolution, Future of AI, Themed Entertainment Industry | Wall Street Week
Bloomberg Television· 2025-06-23 02:40
This week, Former Treasury Secretary Lawrence H. Summers on the recent Fed decision and the economic implications of uncertainty in the Middle East. And, how is Saudi giant Aramco diversifying in a tech-driven world? Plus, an interview with Robinhood’s Vlad Tenev on artificial intelligence solutions for nuanced needs. Later, Netflix is entering the themed entertainment business with Netflix House, further intensifying its competition with traditional media players. Chapters: 00:00:00 - Summers on Fed, NYC M ...
Netflix Is Launching a New Adventure That Is Not on the Small Screen
Bloomberg Television· 2025-06-22 14:07
Summertime conjures up hot days, late nights and roller coaster rides and answering the call. The themed entertainment industry, which is currently worth an estimated $76 billion and projected to reach more than 120 billion by 2033. The leaders Disney Universal, Merlin Entertainment and Chime long group of China all generated experienced revenues in the billions last year.But Disney is a clear standout booking $34 billion in revenue alone, which is almost three times the combined revenue of its smaller comp ...
Summers on the Fed, Aramco Evolution, Future of AI, Themed Entertainment Industry | Wall Street Week
Bloomberg Television· 2025-06-20 23:26
This week, Former Treasury Secretary Lawrence H. Summers on the recent Fed decision and the economic implications of uncertainty in the Middle East. And, how is Saudi giant Aramco diversifying in a tech-driven world? Plus, an interview with Robinhood’s Vlad Tenev on artificial intelligence solutions for nuanced needs. Later, Netflix is entering the themed entertainment business with Netflix House, further intensifying its competition with traditional media players. Chapters: 00:00:00 - Summers on Fed, NYC m ...
Moving iMage Technologies Secures $9M Contract to Install 150 Barco Laser Projectors Over Three Years
Newsfile· 2025-06-20 11:51
Core Points - Moving iMage Technologies has secured a $9 million contract to install 150 Barco laser projectors over the next three years, indicating a significant technology upgrade for the cinema industry [1][2] - The revenue from this agreement will be recognized evenly over the company's next three fiscal years starting from FY26, with initial installations set to begin in the fall of 2025 [2] - The partnership aims to enhance customer experience and reduce operating costs by transitioning from traditional lamp-based systems to advanced laser projection technology [3] Company Overview - Moving iMage Technologies is a provider of advanced out-of-home entertainment technology and services, focusing on cinemas, esports venues, and other entertainment spaces [1][7] - The company manufactures a wide range of digital cinema peripherals and integrates equipment from various leading brands, including Barco, Christie Digital, and Dolby [8] - Barco, headquartered in Belgium, specializes in visualization and collaboration solutions, with a reported sales figure of 947 million euros in 2024 [5][6]
Paramount delays $35M settlement with Trump as media giant fears bribery backlash: sources
New York Post· 2025-06-19 14:24
Core Viewpoint - The potential $35 million settlement of President Trump's lawsuit against Paramount's CBS affiliate is delayed due to management's concerns over legal repercussions, impacting broader negotiations related to a significant merger with Skydance [1][4][5]. Group 1: Settlement Negotiations - Settlement discussions are ongoing, with both parties considering a $35 million deal, which represents a 30% reduction from the initial $50 million sought by Trump's legal team [6][10]. - Paramount's management is hesitant to agree to any settlement amount that could be perceived as a bribe, especially given the implications for the $8 billion merger with Skydance [5][12]. - The Trump legal team has maintained its bargaining position, indicating that they are not close to settling for the proposed $35 million [6][7]. Group 2: Legal Context and Implications - The lawsuit alleges that CBS News' "60 Minutes" program edited an interview with Kamala Harris in a biased manner ahead of the 2024 presidential election, raising concerns about regulatory approval for the merger [8][21]. - The Federal Communications Commission's approval of the merger is seen as contingent on resolving the lawsuit, although Trump’s representatives deny any connection between the two issues [5][12]. - If a settlement is not reached by October, the case may escalate significantly, potentially voiding the merger agreement with Skydance [22]. Group 3: Financial Stakes and Management Concerns - Shari Redstone, Paramount's controlling shareholder, stands to gain up to $2 billion from the sale to Skydance, but the ongoing lawsuit complicates this potential windfall [9][11]. - Redstone has recused herself from negotiations due to personal financial interests, which has added to the management's reluctance to settle [12]. - The financial pressures on Redstone include a looming tax bill related to her late father's estate, which could amount to hundreds of millions of dollars [23].
Authentic Holdings Inc. Partnership with Swerve TV Debuts with Highly Successful 'Ring of Combat' Live Broadcast
Globenewswire· 2025-06-18 17:41
MORRISTOWN, N.J., June 18, 2025 (GLOBE NEWSWIRE) -- via IBN – Authentic Holdings, Inc. (OTC PINK: AHRO) today announced a landmark licensing agreement between one of its wholly-owned subsidiaries, Maybacks Global Entertainment, LLC, https://www.maybackstv.com/ and Swerve TV https://swerve.tv/ which has been validated by a highly successful inaugural live broadcast. The partnership's first event, a live stream of the legendary "Ring of Combat" promotion from the Tropicana in Atlantic City this past Friday J ...