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Erika Burton Joins DNEG Animation as President, Alongside Tom Jacomb

Retrieved on: 
Wednesday, June 15, 2022
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On January 25, 2022, DNEG announced its entry into a definitive business combination agreement with Sports Ventures Acquisition Corp. (Nasdaq: AKIC).

Key Points: 
  • On January 25, 2022, DNEG announced its entry into a definitive business combination agreement with Sports Ventures Acquisition Corp. (Nasdaq: AKIC).
  • Upon the closing of the business combination, which is expected in the first half of 2022, the combined public company will be named DNEG.
  • DNEG ( www.dneg.com ) is one of the worlds leading visual effects (VFX) and animation companies for the creation of feature film, television, and multiplatform content.
  • DNEG Animation is a full-service animation studio that embraces creativity and technological innovations to enable filmmakers the freedom to bring their stories to life in a new era of animation.

Visual Effects and Animation Leader DNEG Announces Business Update

Retrieved on: 
Tuesday, June 14, 2022
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DNEG, a leading technology-enabled visual effects (VFX) and animation company for the creation of feature film, television and multiplatform content, today announced a business update for the year ended March 31, 2022.

Key Points: 
  • DNEG, a leading technology-enabled visual effects (VFX) and animation company for the creation of feature film, television and multiplatform content, today announced a business update for the year ended March 31, 2022.
  • The announcement of DNEG Animation as exclusive animation studio and producer of new animated feature Garfield, alongside partners Alcon Entertainment.
  • Its seventh BAFTA award for Dune; DNEG projects had four of the five BAFTA nominees for Best Visual Effects in 2022.
  • DNEG ( www.dneg.com ) is one of the worlds leading visual effects (VFX) and animation companies for the creation of feature film, television, and multiplatform content.

DNEG to Launch ‘xSTUDIO’ as Open Source Project; Feature-Rich Playback and Review Application for Filmmaking Teams

Retrieved on: 
Thursday, June 9, 2022
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View the full release here: https://www.businesswire.com/news/home/20220609005702/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220609005702/en/
    DNEG to launch xSTUDIO open-source project, engineered to meet the needs of filmmakers throughout the production process through feature-rich playback and review application.
  • From its conception, xSTUDIO was designed to allow everyone working in the media creation industries to collaborate seamlessly, said Chas Jarrett, Senior VFX Supervisor, DNEG.
  • In xSTUDIO we have created a modern, flexible, feature-rich playback and review application that we hope will become the new industry standard.
  • By developing xSTUDIO and releasing it as an open source project, DNEG has created an opportunity for greater collaboration and more efficient workflows for content creation teams across our industry, added Namit Malhotra, DNEG Chairman and CEO.

BestLife Holdings Adds Leading Age Management Brand, Cenegenics, To Elevate The Experience Of Aging Through Preventative Medicine

Retrieved on: 
Tuesday, May 24, 2022
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BestLife Holdings, a portfolio of personalized preventative healthcare and age management solutions, announces its formation with a combined equity round of over $50 million.

Key Points: 
  • BestLife Holdings, a portfolio of personalized preventative healthcare and age management solutions, announces its formation with a combined equity round of over $50 million.
  • With Cenegenics as the inaugural offering in the portfolio, BestLife is building a multi-brand platform that enables healthy aging at scale.
  • BestLife is committed to furthering the field of age management medicine and performance health.
  • BestLife is a holding company of brands that enables healthy aging at scale by providing access to physician-supervised hormone therapy, preventative healthcare, and age management services.

DNEG Opens New Toronto Visual Effects and Animation Studio

Retrieved on: 
Friday, May 13, 2022
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DNEG ( www.dneg.com ) is one of the worlds leading visual effects (VFX) and animation companies for the creation of feature film, television, and multiplatform content.

Key Points: 
  • DNEG ( www.dneg.com ) is one of the worlds leading visual effects (VFX) and animation companies for the creation of feature film, television, and multiplatform content.
  • DNEG employs nearly 7,000 people with worldwide offices and studios across North America (Los Angeles, Montral, Toronto and Vancouver), Europe (London) and Asia (Bangalore, Chandigarh, Chennai and Mumbai).
  • DNEGs critically acclaimed work has earned the company seven Academy Awards for Best Visual Effects and numerous BAFTA and Primetime EMMY Awards for its high-quality VFX work.
  • Current and upcoming DNEG projects on behalf of its Hollywood and global studio and production company partners include Stranger Things (season 4) (May 2022), Bullet Train (July 2022), Shazam!

DNEG and Sports Ventures Acquisition Corp. Announce Filing of Amended Proxy Statement in Connection with Proposed Business Combination

Retrieved on: 
Monday, May 9, 2022
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About Sports Ventures Acquisition Corp.

Key Points: 
  • About Sports Ventures Acquisition Corp.
    Sports Ventures Acquisition Corp. is a blank check company organized with the purpose of effecting a merger similar business combination with a major entertainment powerhouse.
  • Sports Ventures Acquisition Corp. is led by Alan Kestenbaum, businessman and minority owner of the Atlanta Falcons of the NFL.
  • In connection with this proposed transaction, Sports Ventures Acquisition Corp. will file a definitive proxy statement with the SEC, which will be sent to the shareholders of Sports Ventures Acquisition Corp. Sports Ventures Acquisition Corp. will also file other documents regarding the proposed transaction with the SEC.
  • Prime Focus World NV and Sports Ventures Acquisition Corp. each disclaim any obligation to update any forward-looking statements contained herein.

DraftKings Reports First Quarter Revenue of $417 Million; First Quarter B2C Segment Revenue Increases 44% YOY and Company-Wide Adjusted EBITDA Exceeds Midpoint of Guidance by More Than 12%

Retrieved on: 
Friday, May 6, 2022
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Revenue for the Companys B2C segment grew to $404 million, an increase of 44% compared to the three months ended March 31, 2021.

Key Points: 
  • Revenue for the Companys B2C segment grew to $404 million, an increase of 44% compared to the three months ended March 31, 2021.
  • DraftKings delivered significant growth across our key revenue and performance metrics, said Jason Robins, DraftKings co-founder, Chief Executive Officer and Chairman of the Board.
  • Therefore, we are increasing the midpoint of our fiscal year 2022 revenue guidance by $50 million and improving the midpoint of our fiscal year 2022 Adjusted EBITDA guidance by $75 million.
  • Average Revenue per MUP (ARPMUP) was $67 in the first quarter of 2022, representing an 11% increase compared to the same period in 2021.

Samsung Foundry Adopts Leading Voltage-Timing Signoff Solution from Synopsys and Ansys for Advanced-Node, Energy-Efficient Chips

Retrieved on: 
Thursday, March 31, 2022
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MOUNTAIN VIEW, Calif., March 31, 2022 /PRNewswire/ --

Key Points: 
  • The offeringis built on golden-signoff products, including the Synopsys PrimeTime static timing analysis, Synopsys PrimeShield design robustness, Synopsys Tweaker ECO and Ansys RedHawk-SC digital power integrity signoff solutions, and delivers the industry's highest accuracy and throughput, savings weeks of time.
  • Samsung Foundry has reported high silicon correlation using the integrated solution.
  • "Dynamic voltage-drop and power integrity are significant challenges for energy efficient design," said Sangyun Kim, vice president of Design Technology at Samsung Foundry.
  • Samsung Foundry plans to deploy the solution on production designs at advanced nodes to prevent failures in silicon and maximize design energy efficiency."

DNEG and Sports Ventures Acquisition Corp. Announce Initial Filing of Preliminary Proxy Statement in Connection with Proposed Business Combination

Retrieved on: 
Wednesday, March 16, 2022
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About Sports Ventures Acquisition Corp.

Key Points: 
  • About Sports Ventures Acquisition Corp.
    Sports Ventures Acquisition Corp. is a blank check company organized with the purpose of effecting a merger similar business combination with a major entertainment powerhouse.
  • Sports Ventures Acquisition Corp. is led by Alan Kestenbaum, businessman and minority owner of the Atlanta Falcons of the NFL.
  • In connection with this proposed transaction, Sports Ventures Acquisition Corp. will file a definitive proxy statement with the SEC, which will be sent to the shareholders of Sports Ventures Acquisition Corp. Sports Ventures Acquisition Corp. will also file other documents regarding the proposed transaction with the SEC.
  • Investors may obtain additional information regarding the interest of such participants by reading the preliminary proxy statement and the definitive proxy statement when available.

DraftKings Marketplace Announces “Primetime NFT Series” Celebrating Sports’ Biggest Moments

Retrieved on: 
Tuesday, March 15, 2022
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BOSTON, March 15, 2022 (GLOBE NEWSWIRE) -- In recognition of the biggest sports events that captivate fans during the year, DraftKings Marketplace (Nasdaq: DKNG) has introduced the Primetime NFT Series, designed to deepen engagement and reward collectors on DraftKings during these defining moments.

Key Points: 
  • BOSTON, March 15, 2022 (GLOBE NEWSWIRE) -- In recognition of the biggest sports events that captivate fans during the year, DraftKings Marketplace (Nasdaq: DKNG) has introduced the Primetime NFT Series, designed to deepen engagement and reward collectors on DraftKings during these defining moments.
  • This marks the first fully in-house NFTs launched by DraftKings Marketplace with drops set for key moments throughout the event.
  • DraftKings is already deeply embedded within the biggest moments in sports, and the new Primetime NFT Series will further drive engagement while also providing rewards that bridge to our gaming offerings for the first time, said Matt Kalish, Co-Founder and President of DraftKings North America.
  • More information about the Primetime NFT Series and its debut collection are available HERE and the DraftKings Marketplace Discord .