Alignment Growth

#Gamescom was the highlight of August, attracting record numbers to the annual event held in Germany. Other headlines from Roblox, Google, Mad Crusader and Steam created some highs and lows for the month. Catch up on August’s developments in Alignment Growth's Gaming monthly snapshot.

#Sports dominated headlines for another month with record setting #Olympics viewership, a partnership between Public Investment Fund (PIF) and CONCACAF, the National Football League (NFL)’s vote to allow private equity ownership, and ESPN securing a 12-year extension as the exclusive domestic rightsholder of the US Open tennis tournament. August also included a curve ball in the Paramount merger with the announcement of a rival bid which was eventually withdrawn. Check out the latest headlines and media & entertainment market updates in Alignment Growth's monthly M&E snapshot.

Thanks to Allie Garfinkle for featuring Crunchbase and Alignment Growth’s recently released Media & Entertainment Mid-Year Report in Fortune’s Term Sheet newsletter last week. You can find Allie’s summary, complete with some movie references and Geoffrey Rush character quotes, at the link below. The Mid-Year Report is available on Alignment Growth’s website (www.alignmentgrowth.com).  

Earlier this year, in partnership with Crunchbase, we released a comprehensive market report detailing 2023 investment activity and trends within the Media & Entertainment sector. We have revisited those themes, leveraged Crunchbase’s proprietary data to update for 2024 activity, and are proud to publish this mid-year update. Download the full report for insights on the $2 trillion Media & Entertainment industry.

In more #Olympics news, in July the International Olympic Committee – IOC announced that the inaugural Olympics Esports Games would be held in Saudi Arabia in 2025.  Read more about this and other gaming news in our July Gaming recap.

Paramount dominated headlines early in July with the #Olympics headlining the end of the month. In between, plenty of additional media, entertainment, and sports content, including the possibility of private equity minority investments in National Football League (NFL) league franchises, an optimistic earnings report from Netflix, and deals and disputes over sports media rights. Catch up on an eventful month of M&E news in our monthly snapshot.

In more examples of cross channel proliferation, in June it was announced that The Angry Birds Movie 3 is in production. While that won’t be a Summer 2024 release, in July, the Xbox TV app will launch on Amazon’s Fire TV Sticks, giving gaming enthusiasts something to celebrate this summer. Find all the latest Gaming developments in our monthly snapshot. #Gaming #Growth #Investing

Some early #IPO chatter in June, including around StubHub.  Catch up on this and some potential mergers in our Media & Entertainment monthly snapshot. #media #entertainment #investing

Congrats to the Wheelhouse team on the launch of Twist under the leadership of Jane Latman, a veteran television executive who recently joined Wheelhouse. This is an exciting progression of Wheelhouse’s hub and spoke business model and a testament to the company’s ability to attract top creative talent.  

'Roaring Kitty' purred in May, posting online for the first time in nearly three years, leading GameStop and AMC Theatres shares to soar.  Level up with this news and other developments from the month of May with our monthly Gaming snapshot. #gaming #growth #investing