Rovio To Launch An Educational Angry Birds

Finland’s Rovio Entertainment has partnered with Washington-based game developer Legends of Learning to launch new Angry Birds games with a focus on education.

Based on the Angry Birds characters, the games will teach STEM concepts—such as force, collisions and how to measure angles—to kids ages five to 14. The Legends of Learning online platform will release the games this fall.

Launched in 2017, Legends of Learning is a learning hub for elementary and middle school students. Game-based learning improves children’s grades, says Legends of Learning CEO and co-founder Vadim Polikov. The platform, which contains more than 2,000 educational video games, is mostly free but also offers paid options for teachers. It also allows kids to customize avatars by paying a subscription. It’s used by about 10 million teachers and students in the US, according to a release.

Rovio has long seen its Angry Birds games—which have been downloaded over five billion times—as a potential educational tool. The company previously expanded the games into education through a partnership with the University of Helsinki, which focused on creating games that blended fun with learning. And in 2014, it launched a standalone venture called Fun Academy to create educational games. 

Rovio has lately been expanding beyond its core focus of making games. It’s now producing a series for Amazon Kids+ and Prime Video titled Angry Birds Mystery Island.  Meanwhile, Japanese game developer SEGA is in the midst of acquiring Rovio in a US$776 million deal.

BET's Future As A Linear Channel Up In The Air As Tyler Perry Reportedly Backs Out Of Deal

Media mogul Tyler Perry refuses to cough up the $3 billion-plus that Paramount is asking in an auction of Black Entertainment Television — and the fierce haggling has begun to throw a sale into doubt, The Post has learned.

The “Diary of a Mad Black Woman” star has been considered the frontrunner to win the auction for BET Group, whose properties include cable channels BET and VH1 along with the BET+ streaming service.

But Perry is losing patience with the drawn-out process after making an offer that’s short of $3 billion — a price tag that other investors also consider to be lofty, according to a source close to the situation.

The filmmaker, who already owns a 25% stake in BET and BET+, has private equity backing for his offer, the insider added.

“He is used to getting his way and is frustrated,” the source said, adding that final bids are due by mid-July.

Paramount Global bought BET for $2.7 billion in 2000 when the Shari Redstone-owned company was called Viacom. The company wants roughly 10 times the BET Group’s current $325 million in Ebitda, or earnings before interest, taxes, depreciation and amortization, sources said.

However, the continuing decline in cable’s popularity as more people cut the cord figures to be a drag on BET Group’s future earnings.

Paramount Global — which includes CBS, MTV, Paramount Pictures, the recently launched Paramount+ streaming service and book publisher Simon & Schuster — had $15.6 billion in long-term debt as of March, according to public findings.

“Paramount’s leverage now is six times Ebitda, so to make this work a sale needs to happen at eight times or more,” the first source said, since after accounting for taxes a sale at a lower multiple will not reduce its debt level.

“There is interest, but not at eight times [Ebitda].”

There was a report by sometime ago that Perry had won the auction, leading to premature congratulations from Perry’s “Madea” co-star Keke Palmer.

Weather Channel owner Byron Allen is also in the hunt, according to an inside source.

Meanwhile, private equity firm CVC Capital Partners — which partnered with Group Black, a media company that teamed with celebrities including Rapper 50 Cent and NBA legend Shaquille O’Neal — is out of the process, leaving Group Black looking for a well-funded partner, two sources said.

Canal+ To Acquire A 26% Stake In Hong Kong Based Streaming Platform VIU

PCCW and Canal+ have announced a strategic partnership through which the French media giant will become a significant minority shareholder in PCCW’s Asian streaming service Viu.

Canal+ will make a staggered investment of $300M in Viu, including an initial investment of $200M, resulting in a 26.1% stake. It also has an option to make a further investment and turn that stake into a controlling 51%.

In a statement, Canal+ talked expansion opportunities and plans to collaborate with Viu on premium production:

During the year, the French company expanded their stake in MultiChoice beyond 30%. This move similar to VIU raises speculation of a possible takeover and should that be the case one has to wonder what would become of Showmax and VIU in South Africa if it's operated by Canal+.

"This new strategic partnership will enable the further growth of Viu, leveraging the global strength and expertise of Canal+ through various initiatives including collaboration on premium productions and content creation, expansion of global market reach for Viu, and continual user experience improvement. The partnership will allow Canal+ to take a major step in developing Asia as its next growth engine.”

Viu is one of Asia’s leading streamers with more than 66 million monthly active users (MAU) and 12 million paid subscribers across Asia, the Middle East and South Africa. The service, which operates a combined AVOD and SVOD model, consistently ranks as the top streamer in terms of MAUs across Southeast Asia and second in terms of subscribers.

It produces a wide range of local-language drama series and lifestyle programming, with a focus on Thailand, Indonesia and Malaysia, and was a first mover in the acquisition of Korean content. In 2022, Viu reported $250M in revenue, representing growth of 36% year over year.

Maxime Saada, Canal+ Group CEO, said: “Canal+ already has leading market positions in Europe and Africa. We are now looking forward to developing Asia as an additional growth engine for the group. Our investment in Viu is a major step towards achieving this goal. Viu is already a business with scale, with its hybrid AVOD and SVOD business model and focus on local content, it has all the ingredients to deliver superior growth and continue to be a leading service in the region and beyond.

Janice Lee, Viu CEO and PCCW Media Managing Director, said: “When we launched Viu, we had set our sights on creating and transforming our media business into an international play by tapping into larger addressable markets in Southeast Asia, the Middle East, and South Africa. Having created a robust streaming business, we are excited to have the addition of Canal+ as a strategic investor to further accelerate growth by drawing on Canal+’s global strength in premium productions, content creation and distribution expertise.”

BETA: Lost Youth Channel For The DStv Platform Has Surfaced The Net

K-TV is a defunct kids brand operated by M-Net which was the pay-tv channel's first attempt in the kids market followed by Koowee which too were erased from existence. But during the timeline of these channels, there were reports that MultiChoice was planning to launch a rival brand to Disney Channel and Nickelodeon.

In a press statement about the channel:

DStv will be launching a new channel in July aimed at teenagers. According to channel head, Helen Smit, no one has really focussed on this audience. "National research tells us that this market has an estimated R6 billion in disposable income. And our internal research has revealed that that's the tip of the iceberg - these kids get spending money on top of their monthly allowances."

Not much was known about the channel at the time only that Helen Smit served as the channel head. She worked as a television producer for over a decade and is well known figure on Paramount, SABC and M-Net.

Just as you thought further details about the channel was lost you come across various graphic designs which was shared through Behance account.

Through this we know that the channel was called BETA as the logo appears on the proposed graphic designs. We also got to see some of the content that would have been seen on the channel including Gossip Girl, Rad Girls, Robot Chicken and Celebrity Rehab.

Although we may never know why this channel never launched as intended. We assume it may have to do with VUZU. Back when the channel was still on air, it was seen with some of this content and when you kind of look like at the channels do share a resemblance.

Honestly, if BETA had launched as intended it would have probably wind up like K-TV, Koowee and M-Net City brands which were popular amongst consumers but had their content build the lineup of another channel or in this scenario M-Net and Nickelodeon.

Recap To The Year: Da Vinci's Family Entertainment Has Been Undergoing Several Changes

Da Vinci is a educational children's channel featuring a mix of live-action shows such as Operation Ouch, Animal Embassy and Treehouse Stories alongside animated shows such as Superhero Galore, Wild Kratts (currently seen on PBS Kids) and Doki.

It also offered a family oriented block featuring a lot of factual content and documentaries from Knowledge Kids, Discovery Science and National Geographic namely Genius and Future Human Al.

For several months, the company behind Da Vinci has been building its original portfolio with the recent rollout of Bear Grylls' celebrity tailored Becoming Xtraordinary with the slapstick comedy Fantastic Antics to rollout on the channel by the end of the year.

Aside from that, Da Vinci got rebranded during the year eliminating "Kids" from the name. It also led to a number of changes for its linear offering particularly the family offering catered to audiences aged 18 to 49 which has become a reruns graveyard for kids shows.

It doesn't come as a shocker considering not much investment was going onto that area of the channel for new content. Another was the hours in which the content was allocated as not a lot of households are tuning into those channels much less Da Vinci.

The phasing out of family from Da Vinci is similar in a way to the introduction of the 24 hour service for Cartoonito from Warner Bros Discovery as both channels are now tailed for preschoolers and taking on brands like Disney Junior, CBeebies and Nick Jr.

Unlike Da Vinci, Cartoonito doesn't create division amongst consumers as they have shows like Mr. Bean and Tom And Jerry shows which can pull a vast majority of Boomerang viewers while they adjust to shows such as Thomas And Friends and Batwheels.