VC fund Vgames launches new $10m Indie Fund
The organisation is giving project financing to smaller studios in exchange for a share of revenue, rather than equity. Source: https://www.gamesindustry.biz/vc-fund-vgames-launches-new-10m-indie-fund
Amazon MGM Dumps a Sam Altman Biopic as Big Tech Crosses a Line in Hollywood
With a $50 billion OpenAI deal just closed, the exit from the movie represents the starkest example of Big Tech siding with business interests over creative freedom. Source: https://www.thewrap.com/industry-news/business/amazon-mgm-dumps-a-sam-altman-biopic-as-big-tech-crosses-a-line-in-hollywood-analysis/
Adobe Stock Hits Multi-Year Low As AI and Blackmagic Threaten Its Creative Empire
On paper, it is a strong business. On the market, however, investors are treating Adobe like a company under pressure. That tension is the story. Adobe is still a revenue machine. But the stock’s free fall suggests that Wall Street … Continued
Tech Workers Maxed Out Their A.I. Use. Now They’re Trying to Minimize It.
Artificial intelligence is expensive to use, many companies discovered. That has led to a new era of saving costs. Source: https://www.nytimes.com/2026/06/18/technology/ai-token-minimizing.html
UK cinema chain Everyman on path to quit London Stock Exchange ahead of possible takeover bid
Three of the Everyman Media Group’s directors have told the board it should drop its listing on the London Stock Exchange’s Alternative Investment Market. Source: https://www.screendaily.com/news/uk-cinema-chain-everyman-on-path-to-quit-london-stock-exchange-ahead-of-possible-takeover-bid/5217842.article
Film producer’s 50 firms struck off companies register, leaving workers unable to chase fees
A prolific film producer, whose projects have starred the likes of Frasier’s Kelsey Grammer and Four Weddings and a Funeral’s Anna Chancellor, has had scores of his production businesses forcibly removed from the UK’s companies register, leaving workers unable to … Continued