Image source: The Motley Fool. Wednesday, Aug. 13, 2025 at 5 p.m. ET Call participants Chief Executive Officer — Stephen Hood Chief Financial Officer — Stanley Beckley Head of Investor Relations — Ben Rossiter-Turner Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Revenue-- $2.6 million for the quarter ended June 30, 2025, an increase of 37.7% year-over-year driven by growth in Le Mans Ultimate downloadable content sales and Race Control subscription services. Net income-- Net inc ...

Summary of IAC FY Conference Call - August 13, 2025 Company Overview - **Company**: IAC (InterActiveCorp) - **Key Businesses**: - People Inc (formerly Dotdash Meredith) - Care.com - Vivien Health (healthcare staffing) - The Daily Beast - Search business - **Financial Position**: $900 million in cash at the parent level with no debt at the parent level, although there is debt at People Inc which was refinanced attractively in June [10][11][12] Rebranding and Digital Transition - **Rebranding**: Transition from Dotdash Meredith to People Inc aimed at simplifying the brand for better recognition and marketability [5][6][13][15] - **Digital Focus**: The company is transitioning from print to digital, with a significant reduction in print publications from 12-13 to 7 over three years. The print business is maintained for branding and cash flow purposes [18][19][20] - **Digital Revenue**: 64% of the company's digital revenue comes from owned and operated (O&O) websites, with a focus on diversifying traffic sources beyond Google [25][28] Growth and Future Opportunities - **Long-term Goals**: Targeting 10% digital growth, with potential upside through new brands and leveraging consumer data [31][33] - **Decipher Tool**: An ad targeting tool that utilizes first-party data to enhance advertising effectiveness, potentially increasing the total addressable market (TAM) for ad sales [33][82] - **Care.com Growth**: Aiming for 10-20% growth in the consumer segment by improving product offerings and marketing strategies [94][97] Advertising Market Insights - **Market Conditions**: The advertising market is described as "good, not great," with sector-specific performance. Health and pharma are solid, while CPG and food and beverage sectors are facing challenges [68][71] - **Programmatic Advertising**: Programmatic revenue accounts for about 25-30% of total digital revenue, with recent improvements noted in pricing and demand [75][77] Strategic Partnerships and Licensing - **LLM Licensing**: The company is exploring licensing deals with LLM (Large Language Model) providers, emphasizing the need for high-quality content and potential economic arrangements [39][41] - **Cloudflare Partnership**: A partnership aimed at blocking LLM crawlers, except for OpenAI, has led to increased discussions with other LLM providers about accessing content [40] Financial Management and Shareholder Value - **Share Repurchases**: The company has been cautious with share buybacks, having repurchased $200 million worth of stock earlier in the year, while also considering M&A opportunities [58][59] - **Corporate Overhead**: Targeting a reduction in corporate overhead expenses, aiming for a run rate of $80-90 million by year-end [63][65] Key Business Segments - **Vivien Health**: Positioned as a strategic asset in healthcare staffing with a marketplace model connecting nurses and healthcare systems, currently generating mid-eight figures in revenue [99][100] - **Care.com**: Focused on stabilizing and growing the consumer segment after a decline in subscribers, with a new CEO implementing product improvements [96][97] Conclusion - The company is optimistic about its future growth prospects, leveraging its strong brand portfolio and digital capabilities to navigate the evolving media landscape [36][56]

Core Insights - Roblox Corporation (RBLX) is trading at a forward 12-month price-to-sales ratio of 12.45X, significantly higher than the Zacks Gaming industry's average of 3.67X and the broader Consumer Discretionary sector's 2.22X [1][5] - The stock has surged 234.5% over the past year, outperforming the industry's growth of 41.1% and the S&P 500's rally of 18.1% [3] Financial Performance - Q2 bookings increased by 51% year-over-year to $1.4 billion, with daily active users (DAUs) rising 41% to 111.8 million [5][8] - Engagement reached 27.4 billion hours, up 58% year-over-year, with users aged 13 and above now comprising 64% of DAUs [9] - Monthly unique payers hit a record 23.4 million, with DevEx payouts to developers reaching $316.4 million, up 52% year-over-year [10] Growth Drivers - Roblox is experiencing growth due to international and demographic expansion, supported by a strong creator ecosystem and viral game successes [7][8] - Strategic initiatives include improved discovery algorithms, global infrastructure investments, and new monetization formats [11][12] Earnings Estimates - The Zacks Consensus Estimate for fiscal 2025 and 2026 sales is projected at $5.98 billion and $7.18 billion, reflecting year-over-year growth of 37% and 19.9% respectively [13] Challenges - Despite strong engagement, Roblox reported a loss per share of 41 cents, indicating ongoing profitability challenges [16] - The company faces risks related to reliance on viral hits for growth and high operating costs due to DevEx payouts [17][19] - Leadership transition risks are present following the departure of key executive Manuel Bronstein [18]

2025年ChinaJoy腾讯游戏的展区，图/李程程 上线未满一年，FPS（第一人称射击游戏）新游《三角洲行动》在今年7月DAU破2000万。 这是8月13日腾讯发布的二季报中，一个新的亮点，在游戏产业看似已经卷无可卷的情况下。这也是腾 讯逃离了当前一众互联网平台型公司高举"AI"和"IP"叙事的表现。 当然了，面对资本市场，在财报中，马化腾解释称，这部分成绩，也得部分得益于AI塑造，"2025年第 二季，我们在AI领域持续投入并从中获益，收入及非国际财务报告准则经营盈利均取得双位数百分比 同比增长。" 二季度，腾讯实现营收1845亿元同比增长15%，经营利润（Non-IFRS）692.5亿元同比增长18%。 游戏所在的腾讯增值服务收入板块，同比增长16%至913.7亿元，其中，游戏业务在长青战略深化实践 及AI能力驱动下，收入同比增长22%，连续三季保持20%以上增速。 腾讯在财报中称，"我们应用AI工具以加速游戏内容制作，基于AI技术推出更拟真的虚拟队友和非玩家 角色，采用AI驱动的营销举措以吸引新玩家及提升参与度，促进了本土及国际市场游戏的受欢迎程度 及收入增长。" 但这个理由的说服性有点不强。大家都知 ...

As Britain’s gaming industry has grown, the benefits have become more evident. It employs around 30,000 people, is unusually productive, and is a sector where the country is really levelling up https://t.co/X28VBymGW0 ...

Core Viewpoint - The collaboration between "Peace Elite" and the movie "Nezha: The Devil's Child" was launched during the annual "Stimulus Night," but the timing of the collaboration is questioned as it may have come too late to capitalize on the movie's initial popularity [3][26]. Group 1: Event Overview - The "Stimulus Night" featured a grand event in Sanya with performances, including a live rendition of the movie's theme song, and showcased new in-game content such as a themed map and character skins [1][3]. - The collaboration was labeled as the "first game collaboration" with "Nezha 2," aiming to create a significant marketing moment for the year [3][20]. Group 2: Timing and Market Impact - "Peace Elite" launched its collaboration three days after the initial map went live, which did not generate significant buzz compared to "Honor of Kings," which had an earlier and more impactful collaboration [5][10]. - The timing difference between the two games' collaborations affected their market presence, with "Honor of Kings" benefiting from the movie's ongoing popularity in April, while "Peace Elite" had to rely on a more elaborate event to generate interest in August [5][26]. Group 3: Content Quality and Engagement - The collaboration in "Peace Elite" involved a high level of content creation, including a new map and gameplay mechanics, which was more resource-intensive than the simpler skin updates in "Honor of Kings" [15][26]. - Despite the high-quality content, the delayed launch meant that the broader cultural resonance and engagement were diminished, as the initial excitement around the movie had waned by the time of the event [24][26]. Group 4: Marketing Strategies - "Peace Elite" had to engineer a large-scale event to attract attention, which included fireworks and celebrity appearances, indicating a need for significant investment to create visibility [19][24]. - The marketing approach of "Peace Elite" was reactive, focusing on creating buzz after missing the initial opportunity to leverage the movie's peak popularity, contrasting with the proactive strategy of "Honor of Kings" [10][29].

Core Points - The lawsuit involves two major products and companies in the domestic gaming market, with a significant first-instance ruling of 50 million yuan in damages, attracting considerable attention [2] - The second-instance ruling overturned the first-instance decision, sending the case back for retrial, which adds a new layer of significance regarding the definition of "originality" in the gaming industry [3][5] Group 1: Legal Implications - The second-instance ruling emphasizes the need to define and judge "originality" within the context of copyright law, determining whether a work is protected under copyright law [6] - The second-instance court found that the first-instance court made errors in recognizing basic facts and in the comparison methods used, leading to the decision to revoke the first-instance ruling [8][10] - The second-instance ruling clarified that gameplay rules are considered ideas and do not constitute copyrightable expression unless presented through specific visual elements [10][11] Group 2: Industry Impact - The ruling has significant implications for all domestic game developers, affecting not only existing products but also those in development, as it sets a precedent for how "borrowing" and "plagiarism" are judged in the legal context [5][15] - The court's stance on the boundaries of "gameplay protection" is expected to help regulate the industry ecosystem, encouraging innovation within reasonable limits [12][15] - The ongoing competition in the gaming market necessitates that companies rely on product quality and innovation to maintain their market positions, as seen with the successful updates to "Three Kingdoms: Strategy Edition" [16][18]

GameSquare to add Animecoin ($ANIME) to its digital treasury and become agency of record under $2.5 million revenue agreement FRISCO, Texas, Aug. 13, 2025 /PRNewswire/ -- GameSquare Holdings, Inc. (NASDAQ: GAME) ("GameSquare" or the "Company") a next-generation media, entertainment, technology, and onchain treasury company, today announced a new strategic partnership with the Animecoin Foundation, a non-commercial foundation supporting the Animecoin ecosystem. The deal strengthens GameSquare's Web3 footprin ...

（文/陈济深 编辑/张广凯） 作为一款日活峰值破亿的产品，腾讯天美旗下现象级手游《王者荣耀》匹配算法曾困扰过无数玩家。诸如连胜之后就有连败、手感火热时匹配到奇葩队友的 游戏体验让大量玩家共鸣，认为王者荣耀的匹配机制可能存在控制游戏对局胜率的隐藏机制。 为了解开心底多年的疑虑，《王者荣耀》玩家、青岛律师孙千和女士诉诸法庭，希望《王者荣耀》能够公开游戏匹配算法机制，被称为"中国游戏算法诉讼 第一案"。 在庭审中，腾讯表示《王者荣耀》不存在所谓的控制玩家胜率的行为。《王者荣耀》一直以来都在公开匹配机制，而算法涉及商业秘密，公开算法会成为黑 产的"作弊说明书"，最终损害广大玩家的利益。 对于腾讯的表态，孙千和律师对观察者网表示："无论是游戏版本更新后的介绍，还是游戏策划的口头的答复，并不是算法公开，更像是一种'会改进'的承 诺。" 游戏算法是否应该被认定为商业秘密，目前法律界也没有定论，有学者对观察者网表示，算法是否应该公开取决于算法的应用是否可能会直接涉及公共利益 和公共安全，对于游戏匹配机制，则是游戏企业自主经营的应有之义，不宜受到过多的行政干预。 针对本次庭审和后续的发展，孙千和律师对观察者网坦言没有想到会受到 ...

🎙️ One hour to go until we're live on X Spaces!Join us to learn how AI is powering Web3 gaming ⬇️🔗 https://t.co/9Squ2aGbS2https://t.co/21avrAWOzgBNB Chain (@BNBCHAIN):The intersection of AI and gaming is only getting bigger.Join our X Spaces where @akedofun and @iDosGamesEngine share how AI is driving a newer and more immersive onchain experience for gamers.🗓️ Aug 13, 12:00PM UTCSet your reminders 👇https://t.co/9Squ2aGbS2 https://t.co/pzDUfkmNTq ...