Bustle owner acquires Gawker.com

Gawker gossip Bryan Goldberg, the owner of Elite Daily, Bustle, and more, won the auction for Gawker.com on Thursday, with the final purchase price valued at $1.35 million. Gawker faced bankruptcy after venture capitalist Peter Thiel launched a lawsuit against…
Disney invests in eSports
Are eSports real sports? ESPN signed a deal this week with video-game company Activision Blizzard. The deal gives ESPN the TV rights to popular action game Overwatch. The deal will put Overwatch on many channels, including ABC, ESPN, and ESPN…
YouTube attempting to curb false information
YouTube attempts to stop misinformation “Fake news” seems to be a popular discussion in today’s media, and it seems to be very apparent on YouTube, where content creators can use misinformation in their videos to gain more views. YouTube chief…
Marvel continues rolling with Ant-Man and the Wasp debut
Marvel impresses once again (for the 20th straight time) Ant-Man and the Wasp, the sequel to Marvel’s Ant-Man, starring Paul Rudd and Evangeline Lilly raked in just $76 million in its North America box office debut. The movie features two ordinary…
Tencent’s music arm will try IPO in US
Tencent Music coming to US headphones soon China-based tech firm Tencent announced that it will sell shares of its subsidiary Tencent Music on the US stock exchange. Tencent did not deliver any other information in its announcement, such as timing…
Netflix is officially the most popular video platform
Netflix cements itself as king of media Financial service company Cowen Group asked roughly 2,500 adults, “Which platforms do you use most often to view video content on TV?” 27% of the population said Netflix, giving it a whopping 7%…