Entertainment
Tencent Music will probe the Global IPO Market
Tencent Music’s public offering will serve to probe the global OPV markets. China’s response to Spotify could continue with an IPO of 2 billion dollars in New York in December, according to several media articles citing sources close to the agreement.
It is a bad time of the year to sell new shares and Tencent has already rectified its plans once. Moderate treatment will confirm fears that the window for important departures is closing quickly.
The liquidation of shares worldwide has already affected the Tencent plan to get rid of its streaming branch, which is the majority owner, and which in turn is the owner of the QQ Music application. In May, the titan of games and social networks, 312,000 million euros, expected to rise up to 3,500 million euros in an agreement that would have valued Tencent Music Entertainment Group in 25,000 million dollars; they said sources close to the publication International Financial Review, by Refinitiv. The Chinese company delayed its plan to go public in October after reducing the size of the offer by half.
Tencent Music will struggle to reach Spotify’s high notes
Tencent Music investors relations will struggle to reach the top notes of Spotify. The titan of social networks and games in China is going to market its streaming music branch with a valuation of up to 24,500 million dollars (21,500 million euros). Sales go up, and the unit has a new and profitable business model. However, the company’s great premium over Spotify is hard to justify.
The most important music application in China originally planned to raise at least 2 billion dollars (1,800 million euros) in October, according to nearby sources. But the fall of the market worldwide, aggravated by the commercial tensions between the United States and China, caused the Tencent Music’s IPO to be delayed.
The reasons for the alliance between Tencent and Spotify in music streaming
Spotify, the world’s first streaming platform, and the music division of Chinese media giant Tencent, announced a mutual minority stake. For both platforms, these investments, the amount of which has not been disclosed, should allow them to strengthen their catalog and their ability to negotiate licenses with the music production companies. What reassure investors for possible IPOs next year for both companies?
Spotify dominates the Western market, with 140 million active users, including 60 million subscribers paying $ 10 a month minimum. Tencent, through its three platforms – KuGou, QQ Music, and KuWo – has nearly 700 million monthly users, but only 15 million of them pay for its services. However, Spotify is not present in China and Tencent Music investor relations financial results is only at the beginning of the monetization of its subscribers.
Rich content for subscribers
The example of video games shows that it becomes possible to pay small sums to Chinese consumers for better services. Tencent, at the head of the two major Chinese social networks – QQ Music and WeChat (which is close to one billion users) – is a master in this art, also showing success in online video as in reading line. This is what drives investors to buy shares of the Chinese company, whose value is close to $ 500 billion ($ 424 billion).
In music streaming, Tencent is in a particularly favorable position: its three platforms are the first three in the market. KuGou (“cool dog”), the first on the market, owes its success to China’s small towns and countryside, with very popular songs that make singing in karaoke and dancing in public squares. QQ Music is more classic. KuWo is also a hit in karaoke and stands out on the live streaming of music videos.
Entertainment
Getting to Know Adeia’s Fingerprints on Entertainment Evolution
By Joy Reyes
Behind every streaming recommendation, smart TV search, and seamless device switch lies hidden technology powering your modern entertainment experience. Although people might not know Adeia, they have likely used its technology many times. The company’s inventions are embedded in the modern entertainment experience, from sophisticated content recommendation systems to seamless multi-device streaming capabilities.
“Our basic inventions shape the way millions of people explore and experience entertainment and improve billions of devices in an increasingly connected world,” says Serhad Doken, chief technology officer (CTO) at Adeia.
Building upon this foundation, “we create tools that make watching shows easier and more fun. These tools work on televisions (TVs), phones, and other devices, no matter where or how you watch. They help organize your entertainment in a way that feels just right for you,” Serhad Doken adds.
Connecting Traditional and Modern Media
At the heart of today’s entertainment landscape lies a crucial challenge: bridging the gap between traditional television and modern streaming platforms. One of Adeia’s key strengths is its ability to connect traditional linear television with the new age of streaming services. The company licenses its patented media inventions for traditional linear television in North America and internationally through its extensive portfolio of patents.
This comprehensive approach ensures seamless integration with over-the-top media service (OTT), direct-to-consumer, and social media services that provide access to entertainment inside and outside the home on a broad array of devices. The result is a unified entertainment experience catering to traditional viewers and digital-first consumers.
“We believe the continued growth of video consumption, the changes in how consumers explore and experience video, and the need for content storage and high-performance computing present new opportunities for us to continue to develop patentable inventions,” Serhad Doken explains.
Improving Content Discovery
In an age where the average viewer can access thousands of shows and movies across multiple platforms, finding what to watch can be as challenging as creating the content itself. To address this content overload, Adeia has been solving this problem by developing new solutions for content discovery that make the viewing experience more intuitive and personalized.
At the forefront of these innovations is Adeia’s universal search capability, which allows for unified discovery across live, recorded, on-demand, and streaming content sources. This groundbreaking solution means viewers no longer need to jump between different apps or platforms to find what they want to watch — Adeia’s universal search brings it all together in one place.
Moreover, the company improves content discovery further with its personalized discovery experiences. Using sophisticated algorithms and machine learning, this includes personalized recommendations, predictive results, and popular and trending content suggestions. By analyzing viewing patterns and preferences, Adeia presents viewers with content that matches their interests and viewing habits.
Recognizing the growing prominence of voice-controlled smart home devices, Adeia has also developed a conversational interface to interpret voice commands and requests. This technology supports natural, conversational dialogue and interaction with smart responses, making it easier for viewers to find and control their entertainment.
Improving the Viewing Experience
Modern viewers expect a seamless entertainment experience across all their devices, and Adeia’s technologies make this possible. Their multi-device experience technology allows viewers to start watching a show on one device and smoothly transition to another without missing a beat.
To enhance the binge-watching experience that has become synonymous with modern streaming, Adeia has developed technologies that connect viewers with entertainment on their terms. These include features that automatically play the next episode or remember where viewers left off across different devices.
Perhaps most exciting is Adeia’s work in immersive content. “We are creating unrestricted entertainment experiences that are more engaging and gratifying than ever before,” Serhad Doken says. “This includes dynamic advertising, gaming, wagering, and even shoppable video integrated into content.”
Impact on Semiconductors
While Adeia’s influence on the entertainment industry is substantial, its inventions are not limited to this sector. According to Serhad Doken, the company also leads in semiconductor technology, developing solutions that expand the possibilities in electronic devices.
“With the rising cost of advanced semiconductor manufacturing processes, the sector is looking beyond Moore’s Law toward advanced packaging and three-dimensional (3D) integration technologies,” Serhad Doken explains, adding that its skilled team and labs in California and North Carolina create advanced 3D integration methods. These methods, like hybrid bonding, help make future electronics work better, faster, and smaller.
The Future of Entertainment Technology
As the entertainment landscape continues to evolve at an unprecedented pace, Adeia will continue to play an important role in shaping it. With its extensive research and development capabilities and broad portfolio of patented technologies, the company is well-positioned to address the needs of both content providers and consumers.
This positioning has recently been reinforced by a significant development in Adeia’s business. The company has entered into a multi-year agreement with Amazon, covering Adeia’s media intellectual property portfolio. This partnership with one of the world’s largest and most innovative companies underscores the value and relevance of Adeia’s technologies in the digital entertainment space.
Paul E. Davis, Adeia’s chief executive officer, emphasized the importance of this agreement, stating, “Amazon plays a massive role in today’s innovation society. This collaboration validates Adeia’s technological prowess and promises to expand our developments’ reach and impact.”
“We are excited about the future of entertainment technology,” Serhad Doken concludes. “As video consumption continues to grow and change, and as new technologies like artificial intelligence (AI) and virtual reality (VR) become more common, we will be there, developing new inventions that improve the way people explore, experience, and enjoy entertainment.”
In addition to the significant agreement with Amazon, Adeia has also recently renewed its long-standing partnership with Sharp Corporation. This renewal extends a relationship that has lasted for over 25 years.
Mark Kokes, Adeia’s chief licensing officer and general manager of media, commented on the renewal, highlighting Sharp’s reputation as a global leader in entertainment technology and its expertise in display technologies.
The renewed agreement covers Sharp’s smart TVs and consumer electronics, further solidifying Adeia’s position in the media technology sector.
These recent developments underscore the momentum in Adeia’s business, showcasing its ability to retain long-term partners like Sharp and attract new, influential clients like Amazon.
With its growing list of high-profile partnerships and ongoing innovations, Adeia is well-positioned to continue shaping the future of digital entertainment. The company’s advanced R&D efforts consistently result in fundamental innovations that power next-generation products, delivering breakthroughs in digital experiences for both consumer and enterprise applications.
Through its innovative solutions and forward-thinking approach, Adeia’s influence can be felt throughout the development of the entertainment industry, from the fundamental technologies that power our devices to the intuitive interfaces that help us discover and enjoy content. As we move into an increasingly connected future, Adeia’s technologies continue to shape how we interact with and experience digital entertainment.
-
Tech4 years ago
Effuel Reviews (2021) – Effuel ECO OBD2 Saves Fuel, and Reduce Gas Cost? Effuel Customer Reviews
-
Tech5 years ago
Bosch Power Tools India Launches ‘Cordless Matlab Bosch’ Campaign to Demonstrate the Power of Cordless
-
Lifestyle5 years ago
Catholic Cases App brings Church’s Moral Teachings to Androids and iPhones
-
Lifestyle4 years ago
East Side Hype x Billionaire Boys Club. Hottest New Streetwear Releases in Utah.
-
Tech6 years ago
Cloud Buyers & Investors to Profit in the Future
-
Lifestyle4 years ago
The Midas of Cosmetic Dermatology: Dr. Simon Ourian
-
Health6 years ago
CBDistillery Review: Is it a scam?
-
Entertainment5 years ago
Avengers Endgame now Available on 123Movies for Download & Streaming for Free