Alignment Growth

Call of Duty: Black Ops 6 set new records for Xbox, and the #Fallout series on Amazon Prime, based on the game, exceeded 100 million viewers worldwide, which should be of little surprise when you consider that 71% of US consumers play video games, according to a new report. Follow these and other industry stories in our October Gaming snapshot.

Positive earnings reports from Netflix and Roku, several announced partnerships including one between Amazon and Apple, and California Governor Gavin Newson’s proposed plans to increase film and tv tax incentives to boost the state’s entertainment industry, are just a few of the headlines that dominated Media & Entertainment in the month of October. More on these and other newsworthy developments from across the sector in our October snapshot. #MediaAndEntertainment #PrivateEquity #GrowthEquity

We are pleased to announce our investment in PMY Group, a premier international venue, events, and infrastructure technology solutions company, whose diverse client roster includes some of the most celebrated global events and venues, including #Olympics organizing committees, SoFi Stadium and Hollywood Park, LIV Golf, Wimbledon, and The Open Championship.    Our investment reflects our strong belief in the growth of experiential entertainment and the live events sector. Speaking about the transaction, Kevin Tsujihara, a Founding Partner at Alignment Growth, said “As technology solutions for modern venues become more complex and operators focus on providing exceptional fan experiences, we see ongoing opportunities for outsourced service providers. As a leader in enhancing the way people operate and experience public venues, places, and major events, PMY is well-positioned to benefit from these tailwinds.” Read the full announcement here: https://lnkd.in/em2SV4KD   Thanks to the Sports Business Journal for their coverage: https://lnkd.in/g5srWuUB #MediaAndEntertainment #Sports #PrivateEquity #GrowthEquity

App store competition sparks litigation in the US and in-app purchases draw regulatory scrutiny in the EU.  More on these conflicts and other news from IBM, Netflix, and Roblox in our September Gaming snapshot. #MediaAndEntertainment #PrivateEquity #GrowthEquity #Gaming

After dominant summer #Olympics ratings which powered NBCUniversal’s Peacock to an all-time high monthly usage rate, #sports viewership continued to impress, with the US Open surpassing 1 million fans in attendance for the first time, the National Women's Soccer League (NWSL)’s regular season attendance reaching 1.5 million for the first time, and the viewership for the National Football League (NFL)’s opening game becoming the most watched NFL kickoff game ever.  Rewind and check out September’s biggest M&E headlines and market highlights in our monthly snapshot. #PrivateEquity #GrowthEquity #MediaAndEntertainment

#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.