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MoviePass Names Former Spotify, Viacom Executive Chief Product Officer

Thu, 03/08/2018 - 15:03 -- Nick Dager

MoviePass has named former product leader at Spotify, Viacom and Comcast, Mike Berkley chief product officer. Berkley’s role at MoviePass will be to lead the product strategy and vision for the MoviePass service, as the company continues its efforts to grow its subscriber base and expand technology integrations with exhibitors and other partners.

Felix Fissel Joins VFXnow as VP of Global Operations

Mon, 03/05/2018 - 11:54 -- Nick Dager

GPL Technologies has hired Felix Fissel to lead its VFXnow unit as vice president of global operations. Fissel, an IT specialist with deep experience in the visual effects industry, will oversee VFXnow operations in Los Angeles, New York, and Vancouver. He will also lead business development and seek to expand markets for the unit, a hardware-as-a-service provider to visual effects studios, game developers, editing houses and other creative services companies.

Reliance Industries Takes Equity Stake in Eros International

Wed, 02/21/2018 - 10:30 -- Nick Dager

Reliance Industries Limited, through a subsidiary, has agreed to subscribe to a five percent equity stake in Eros International Media Limited at a price of fifteen dollars per share, which represents an 18 percent premium over the stock’s last closing price. The transaction is subject to customary regulatory and other approvals. Furthermore, RIL and Eros announced that they have agreed to partner in India to jointly produce and consolidate content from across India.

Ymagis Group Reports 2017 Financial Reports

Mon, 02/05/2018 - 13:08 -- Nick Dager

Ymagis Group today reported its consolidated financial results for the fourth quarter of 2017 and its full year revenue for 2017 December 31, 2017. Driven by its technological services activities and recent acquisitions, Ymagis Group continued its growth momentum with revenue up by +0.8 percent in 2017 despite the structural decline in virtual print fees activities. During Q4, business stood at its highest historical level as revenue reached €54.1M (+3.5 percent).

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