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SM Entertainment revenues rose 15.4% YoY to $233M in Q2, driven by concerts and merch
SM Entertainment’s second-quarter revenue rose 15.4% year on year to KRW 349.6 billion ($233 million), driven chiefly by concerts, merchandise and licensing, as well as growth across subsidiaries. The results underline the increasing importance of live events and fan-focused intellectual-property sales to the K-pop company, despite weaker album and digital music revenue. Operating profit increased…
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Indie game publisher Devolver Digital wants to go private
Devolver Digital is seeking shareholder approval to delist from the stock market and return to private ownership after several difficult years as a public company. It argues that its current share price undervalues the business and that private ownership would let management focus more on the publisher’s long-term health rather than public-market obligations. The publisher…
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We’ll all be streaming our games in about “three years”, says Take-Two boss, raising some post-release questions about GTA 6
Take-Two chief executive Strauss Zelnick has predicted that commercially viable game streaming with low enough latency for most players will arrive within about three years. He argues this could greatly expand the number of devices capable of running games, creating new opportunities for widely appealing releases, though the article notes the prediction raises questions about…
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60th Anniversary Star Trek Doc With William Shatner Beaming Down To Regal Cinemas In October
A new documentary marking Star Trek’s 60th anniversary, The Sixty-Year Mission: How Star Trek Changed Television And The World, will be released in US Regal cinemas on 9 October. The film aims to examine how the original television series was made and why it became a lasting cultural influence, with cinema Q&As planned with franchise…
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Take-Two CEO Says Streaming Could Soon Make Expensive Consoles Matter Less
Take-Two chief executive Strauss Zelnick said game streaming could eventually reduce the importance of owning costly dedicated consoles. The comment matters because it points to a potential shift in how people access high-end games, from buying specialised hardware to playing through internet-connected devices. The argument depends on streaming becoming reliable, affordable and widely available enough…
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Will the Pentagon prioritize munitions when the Iran conflict ends?
The supplied text does not contain the news article itself; it only reports that access to The Hill page was denied because JavaScript appears disabled. As a result, the article’s arguments, evidence and conclusions about Pentagon munitions priorities cannot be summarised reliably. The title indicates the article considers whether the Pentagon should prioritise replenishing munitions…
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Watch live: Cassidy to announce stance on Blanche as AG
The article page could not be accessed because it reported that JavaScript was disabled, so no substantive report or video content was available to summarise. From the title alone, it appears to concern Senator Bill Cassidy announcing his position on Todd Blanche’s nomination for attorney general. The available text provides no confirmation of Cassidy’s stance,…
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Meta ordered to pay $567M in child safety case
A New Mexico judge has ordered Meta to pay $567 million to address harm to young people linked to Facebook and Instagram, following a state case over child safety and mental health. The ruling matters because it also requires platform changes for New Mexico users, potentially offering a model for further legal action against social-media…
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You can’t trick the markets with extra borrowing, experts and former chancellor warn Burnham
Financial experts, the Institute for Fiscal Studies and former chancellor Phillip Hammond have warned that plans reportedly being considered by the Treasury to borrow an additional £9bn annually could raise rather than reduce the cost of government debt. Supporters say the borrowing, if directed towards infrastructure, housing and businesses under Rachel Reeves’s fiscal rules, could…
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Neil Young Announces New Album with The Chrome Hearts, Second Song, Shares 11.5-Minute Title Track: Stream
Neil Young has announced Second Song, a new seven-track album with his backing band The Chrome Hearts, due for release on 18 September via Reprise Records. Its lead single and title track, an 11-and-a-half-minute acoustic piece, reflects on life, love and the future after Young said recent politics had left him disheartened. The album is…