Core Insights - NACON showcased 9 upcoming games and accessories during the 8th Bigben Week held in Paris from May 19, 2025, providing an exclusive preview to journalists and international partners [3][4][5]. Game Previews - "Hell is Us," an action-adventure game by Rogue Factor, will be released on September 4, 2025, for PlayStation®5, Xbox Series X|S, and PC, featuring a unique design philosophy that emphasizes player exploration without maps or quest markers [5]. - "Robocop: Rogue City - Unfinished Business," a standalone sequel to the 2023 title, is set to launch on July 17, 2025, allowing players to experience new gameplay elements and play as Alex Murphy for the first time [6]. - "Edge of Memories," a JRPG developed by Midgar Studio, will be available in autumn 2025 on multiple platforms, featuring a dynamic combat system and collaboration with renowned artists [7]. - "Architect Life," NACON's first architectural simulation game, will be released on June 19, 2025, allowing players to design and build homes in both career and free modes [9]. - The new editions of "Tour de France 2025" and "Pro Cycling Manager 25," both adopting Unreal Engine 5, will be available on June 5, 2025, introducing new features like a sponsor system and refueling mechanics [10]. Sim Racing Innovations - NACON's Racing Division unveiled new accessories for sim racing, including a hybrid gearbox and load cell handbrake, enhancing the REVOSIM ecosystem [12][14]. - Two new sim racing titles were announced: "Endurance Motorsport Series," focusing on team strategy and race management, and "RENNSPORT," designed for e-sports with realistic driving physics, both set for release in autumn and September 2025, respectively [15][16]. Accessories and Product Launches - NACON celebrated 10 years of gaming accessories, showcasing flagship models that highlight the brand's expertise [17]. - The "Revolution X Unlimited," a high-end wireless controller, was released on April 23, 2025, designed for precision and comfort for action game enthusiasts [18]. - New colorful versions of the RIG gaming headsets were introduced, expanding the product line with unique designs [19]. - Anticipating the Nintendo Switch 2, NACON presented protective accessories to ensure console safety upon release [20]. Company Overview - NACON, part of the BIGBEN group, was established in 2019, focusing on optimizing expertise in the video game market with 16 development studios and a strong emphasis on innovation and competitive advantages [22].

Core Points - After over four years of legal disputes, Epic Games' Fortnite has returned to Apple's U.S. App Store, following a court decision favoring Epic [1][2] - The conflict originated from Epic's desire to implement direct payments from players, avoiding Apple's 30% commission on purchases [1][3] - The court's injunction prevents Apple from rejecting apps like Fortnite based on the inclusion of external purchase links, which could significantly impact the digital marketplace by allowing publishers to bypass traditional revenue cuts [3] Company Impact - Epic Games successfully reinstated Fortnite on the App Store, indicating a potential shift in the app distribution landscape [2][3] - Apple's initial resistance to comply with the court's decision suggests ongoing tensions between the two companies, which may affect future app approvals and policies [2][3] Industry Ramifications - The resolution of this dispute may set a precedent for other developers seeking to avoid high commission fees imposed by digital storefronts, potentially reshaping revenue models across the industry [3]

Core Viewpoint - Harmonic Inc. has expanded its collaboration with Cignal TV to modernize its media workflows, enhancing video streaming and broadcast services through its VOS360 Media Software-as-a-Service platform [1][4]. Group 1: Collaboration and Technology - The partnership aims to modernize Cignal TV's channel origination, playout, and disaster recovery workflows, leveraging Harmonic's cloud-based VOS360 platform [1][2]. - The VOS360 platform integrates various media processing functions into a single cloud-native solution, simplifying video operations and reducing infrastructure costs for Cignal TV [2][4]. - The platform supports both linear TV channels and traditional broadcast services, providing advanced capabilities for live content distribution, which enhances operational flexibility and scalability for Cignal TV [2][3]. Group 2: Disaster Recovery and Service Reliability - A key feature of the VOS360 platform is its robust disaster recovery functionality, allowing Cignal TV to shift playout operations to the cloud during disruptions, ensuring uninterrupted service [3]. - The use of Secure Reliable Transport connections enables content delivery directly from the cloud to network sites without affecting viewer experience, ensuring stable service delivery [3]. Group 3: Financial Implications - The advancements from this collaboration are expected to generate incremental demand for Harmonic's solutions, leading to higher revenues and improved financial performance [5]. - Harmonic's stock has seen a decline of 19% over the past year, contrasting with the industry's growth of 34.4%, indicating potential for recovery with the new partnership [6].

Core Viewpoint - The Schall Law Firm is investigating claims against Take-Two Interactive Software, Inc. for potential violations of securities laws related to misleading statements and failure to disclose important information to investors [1][2]. Group 1: Investigation Details - The investigation centers on whether Take-Two issued false or misleading statements or failed to disclose relevant information to investors [2]. - Take-Two's Rockstar Games announced a delay for the highly anticipated video game Grand Theft Auto VI, moving the release date from fall 2025 to May 26, 2026 [2]. - Following the announcement of the delay, Take-Two's shares dropped by over 6.6% on the same day [2].

以下文章来源于DT商业观察 ，作者DT商业观察 DT商业观察 . 第一财经旗下年轻态财经商业媒体。关注消费、互联网、电商、文娱、科技、城市等领域，融合媒体和 研究机构的禀赋，厘清趋势和商业间的关系，用年轻化的视角认识商业世界。 2025.05. 20 本文字数：4683，阅读时长大约7分钟 作者 | DT商业观察 短剧的流量和人气，还在飙升。 截至2024年12月， 看微短剧的人已经达到了6.62亿，微短剧独立APP的人均单日使用时长也涨到了 101分钟，接近2小时。 行业也在不断变化。 QuestMobile最新《2025中国移动互联网春季报告》显示， 字节旗下的红果免费短剧3月的月活用户 数达到1.73亿，和优酷的距离只差1200万，同比增长220.28%，增速仅次于DeepSeek和豆包。 长视频平台也发力微短剧的精品化制作，甚至长剧也开始"短剧化"，叙事节奏、集数和单集时长都开始 讲究"紧凑"。 在这样的情况下，现在观众看短剧的习惯是怎么样的？他们看短剧时更在意什么？对于品牌借短剧植入 打广告，他们的种草和消费意愿又是怎么样的？ 《DT商业观察》联合第一财经发布了《"当代男男女女看微短剧"小调研》，最 ...

Group 1 - Electrolit is collaborating with Activision for the release of Tony Hawk's Pro Skater 3 + 4, featuring in-game integrations such as branded billboards and exclusive skater gear [1][2] - A retail sweepstakes will run from May 19, 2025, to August 31, 2025, allowing gamers to unlock exclusive items and win real-life merchandise [2][3] - The sweepstakes includes 50 grand prize winners receiving an Electrolit skateboard and a digital download code for the game, along with 75 secondary prizes and 5,000 instant winners [3] Group 2 - Tony Hawk's Pro Skater 3 + 4 is a remake that combines classic content with new features, including cross-platform online multiplayer for up to eight players [4] - The game is set to launch on July 11, 2025, and is available for pre-order on multiple platforms including Xbox, PlayStation, PC, and Nintendo Switch [5] - Electrolit is a premium hydration beverage known for its electrolyte formulation, available in various retail and online channels across the U.S. [10]

Core Insights - NACON has signed an agreement with Eden Games to publish and distribute Gear.Club Unlimited 3, the fifth installment in the franchise, set to release in Q4 2025 on current-generation consoles and PC [2][5] - The new game enhances NACON's racing ecosystem, which includes popular titles like Test Drive Unlimited Solar Crown and WRC Generations, along with its Revosim™ line of Direct Drive peripherals [3] - Gear.Club Unlimited 3 features various game modes, including an all-new Highway Mode that challenges players' reflexes in high-speed traffic scenarios [4] Company Overview - NACON, part of the BIGBEN group, was established in 2019 and consists of 16 development studios, focusing on game publishing and premium gaming peripherals [6] - The company aims to leverage its 40 years of experience in the gaming industry to create unique opportunities for innovation and competitive advantages [6] Development Studio Profile - Eden Games, based in Lyon, France, is known for its expertise in realistic racing games, having developed iconic titles such as V-Rally and Test Drive Unlimited [7] - Founded in 1998, Eden Games combines passion, technological innovation, and high graphic standards to deliver premium gaming experiences across various platforms [7]

证券研究报告行业深度报告 全球在线音乐深度： 需求稳，竞争缓，量价齐升构筑长期增长潜力 分析师：杨艾莉 yangaili@csc.com.cn 010-85156448 SAC 编号：S1440519060002 SFC 编号：BQI330 分析师：蔡佳成 caijiacheng@csc.com.cn SAC 编号：S1440524080008 发布日期：2025年5月18日 本报告由中信建投证券股份有限公司在中华人民共和国（仅为本报告目的，不包括香港、澳门、台湾）提供。在遵守适用的法律法规情况下 ，本报告亦可能由中信建投（国际）证券有限公司在香港提供。同时请务必阅读正文之后的免责条款和声明。 核心观点 国内音乐行业需求稳定，两大龙头通过社区建设和独立音乐内容扶持实现差异化，双龙头具有长期成 长潜力。 看行业，相比长视频，国内音乐平台具有更良性的增长环境。一方面，音乐平台受益于更高的迁移成 本、更长的内容生命周期、更强的付费粘性；另一方面，短视频为音乐平台提供高效宣发渠道，两者 并非竞争关系。而独家版权终结降低成本压力，监管引导良性竞争，激发增长潜力。 看增长，海外产品提升增长想象空间。Spotify的高付费 ...

59分的超级PPT Fast Reading 作者丨高越 4月19日的首个机器人马拉松，20个大大小小的机器人上演了一场略显滑稽的比赛。有的横冲直撞碰 坏了围挡，有的晃晃悠悠走不准直线，还有的刚起步就一屁股坐在地上。 这仿佛是一种隐喻：当火热的AI被各个赛道拥抱，比梦想更先落地的，可能是略显冰冷的现实。 在各个平台上大量涌现的AI短剧也不例外。它们大多以奇幻、玄幻与科幻题材为主，普普通通的职 场打工人可以幻化成各种动物，或者去另一个世界送外卖，甚至作为巨变下的幸存者进入未来世 界。 ■ 许多从业者亲身入局后才发现，看起来很美的AI短剧，与人们的想象存在不小差距。 ■ AI工具的确可以帮助制作者缩短制作周期、降低制作成本，但AI短剧仍被技术和商业化的难 题困住。 ■ 从业者们的集体判断是，如果AI技术在一年内有突飞猛进的变化，AI与短剧也许能碰撞出更 多可能，但提前布局需要大量资金、人才和试错空间。 2025年下半年，将迎来AI短剧的井喷。但在风风火火的热闹之下，更多的是59分的作品和空空如也 的钱袋。 59分的"PPT式短剧" 真刀真枪尝试之后，短剧制作人、导演周鑫（化名）发现，AI短剧跟他想象中的不太一样。 ...

May 2025 Eric Sheridan Goldman, Sachs & Co. +1 917 343-8683 eric.sheridan@gs.com The Goldman Sachs Group, Inc. Framing the Industry Trends at the Intersection of Gaming, Media & Monetization (RBLX Deep Dive) US Internet & Interactive Entertainment Coverage Universe Julia Fein-Ashley Goldman, Sachs & Co. +1 212 902-5070 julia.fein-ashley@gs.com Goldman Sachs does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the firm may have a conflict o ...