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Roblox shares slide despite sharing nearly $1bn with creators

Roblox shares were hammered on the US stock markets at the end of last week, despite a set of seemingly positive results for Q4 2024 (October to December). The shares dropped 20 percent initially before recovering some ground, after the platform’s daily active users...

Digital-first pioneer Rooster Teeth back from the dead

Rooster Teeth, one of the early pioneers of digital-first content, is back in business – less than a year after it was shut down by parent company Warner Bros Discovery. The brand and some of its original IP has been acquired by one of its original creators Burnie...

Snapchat reports rising revenues, increased users

Snap Inc, the company behind Snapchat, has unveiled a 16% year on year increase in revenues for the full year ended December 31, 2024. Total revenues for 2024 weighed in at $5.36bn in 2024, compared to $4.6bn for the year before. Net loss for the same period was $698...

Banijay UK seeks to staff up its new Social Studio team

Global production powerhouse Banijay is looking to ramp up its digital capabilities in the UK, with new staff hires on the horizon. Putting out the call via LinkedIn, Banijay UK head of digital Liv Moss (pictured) said the company is looking for a digital channels...

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