executives

D.C. Sports Veterans Ein, Fernandez In New $300 Million SPAC

The SPACs with sports executives keep coming. The latest is Capitol Investment Corp. V, a blank-check firm from Washington, D.C. sports veterans seeking $300 million in an IPO it filed to conduct. Capitol V is led by Mark Ein, an investor who owns MDE Sports, which runs the capital’s Citi Open tennis tournament, a regular stop on the top-level ATP Tour. Ein also owns the Washington Kastles, six-time champions of the World Team Tennis league, as well as the Washington Justice, an esports team competing in “Overwatch.” Ein is chairman and CEO of the SPAC. Among those

HP, Lenovo, Microsoft, to take the stage at the VR/AR Global Summit…

The theme of the Summit is “adaptability,” and it will showcase how companies are really embracing new technologies to keep business moving. PALO ALTO, Calif. (PRWEB) September 28, 2020 After organizing the VR/AR Global Summit ONLINE in June to help the industry move forward, with a turnout of over 11,000 attending live, the largest global ecosystem of VR/AR companies, brands, and professionals is going virtual again. The theme of the fall summit is “adaptability,” and it will showcase how companies are really embracing new technologies to keep business moving. In

250 Jobs Lost At Big Fish Games As Company Reaches $155 Million Settlement

The Seattle-based mobile and social game developer Big Fish has laid off 250 people just one day after courts ordered the studio to pay $155 million from multiple class-action suits. The two matters are not connected, management says.Geekwire obtained a memo from Big Fish's co-president Andrew Pedersen and Jason Willig, who said the cuts were part of the company's ambition to "strengthen our business and position Big Fish for long-term success." The executives said they are making the cuts as Big Fish enjoys a "position of financial strength," adding that

Parks And Rec Star Rob Lowe Says You Would Be “Shocked” To Find Out How Much They’re Paid

Parks and Recreation is one of NBC's most successful and memorable TV shows, and it's still bringing in money through syndication and streaming deals, but it appears the cast are not always benefitting from those profits at a level they would have wanted.Actors Rob Lowe and Nick Offerman, who played Chris Traeger and Ron Swanson on the show, recently spoke about this on the newest episode of Lowe's podcast. Offerman said the union representing the Parks and Rec cast was not able to get them a lucrative deal at the

Tencent Esports and Global Esports Federation to Jointly Launch ‘Worldconnected Initiative’

Tencent Esports and the Global Esports Federation (GEF) have partnered on a new project called the #worldonnected initiative that was unveiled at the annual Tencent Esports Global Summit held this week at the Hainan Bo Asia International Conference Center. “Today, I’m proud to announce the launch of the #worldconnected initiative, in partnership with Tencent Esports,” said GEF President Chris Chan on a video uplink at the summit. “We invite the world’s esports community – the world’s publishers, developers, athletes, and players, as well as the broader international sporting community.”  Simply

Netflix Is Getting An R. L. Stine Fear Street Film Trilogy In 2021

R. L. Stine is best known for writing the Goosebumps books, but his slightly older-skewing Fear Street series has its share of fans, too--including the executives at Netflix. Deadline is reporting that the streaming giant has bought the rights to a trilogy of films based on Stine's books, and they've already filmed.The movies, directed by Leigh Janiak (Honeymoon, the Scream TV series), will each air a month apart. A deal was originally in place at Fox, but was exited after the company was bought by Disney. The crowded schedule and

Innovecs Announces Media Partnership with Emerging Europe

CEO Night | Media Partnership Announcement Innovecs upgrades the CEO Night format and partners with Emerging Europe to keep up with sector-leading companies and share the insights of their leaders. NEW YORK (PRWEB) July 30, 2020 CEO Night is a series of online thematic discussions with CEOs and senior executives of Ukrainian and international businesses, produced by InnoHub platform & multimedia studio. Speakers discuss ways to develop companies and technology, current global trends, and share success stories. “At Innovecs, we always strive to be on the edge of digital transformation.

Bungie Vet Says Destiny Deal With Activision Was “Bad From The Start”; Microsoft Almost Signed The Game

Video game industry veteran Martin O'Donnell, who composed the music for Halo and was on Bungie's board of directors, has spoken very openly about the deal Bungie made with Activision and how it all fell apart. The long and short of it is that O'Donnell had a bad feeling about the deal for the Destiny series from the very beginning, but the whole story is like something out of a movie.Speaking to YouTuber HiddenXperia, O'Donnell first clarified that it was Bungie's seven members of the board of directors that collectively

International Game Developers Association Releases A Statement On Abuse In The Games Industry

Recently, many people within the games industry have come forward and spoken, openly and bravely, about their experience with abusers. The sharing of these experiences, which have often involved high-level game producers and developers, as well as streamers and journalists, has brought to light how the industry has sheltered many abusers, and has led to some action.Two Ubisoft executives have been suspended over abuse allegations, and the developer is reworking how it deals with employee complaints as it becomes clear that employees were not being adequately protected. Companies that were