U.S. Boutique Bank Raine Expands In Southeast Asia Bets On Media...

world. Sony Interactive Entertainment (SIE) has recommended raising the console's retail price in Europe, the United Kingdom, Japan, China, Australia, Mexico and Canada, the company's top official Jim

The investments will include 70 billion riyals to take several minority stakes in companies that support Savvy's game development agenda and 50 billion riyals to acquire "a leading game publisher to become a strategic development partner".

Ravitch, poker Pkv a former Goldman Sachs banker for 16 years, before he co-founded Raine in the aftermath of the global financial crisis, expects increased cross-border deals in the region, home to about 650 million people.

"The scarcity of capital in an era of volatility, rising interest rates and inflation, will create investment opportunities and require companies to be more strategic," Ravitch told Reuters in an interview on the sidelines of the Forbes Global CEO Conference.

SINGAPORE, Sept 28 (Reuters) - Southeast Asia's digital media and tech sectors, underpinned by young consumers and one of the fastest growing internet markets, had drawn U.S.
investment bank Raine Group to expand in the region, senior executives said.

The questionnaire, with about 100 questions, asked which of the rivals such as Nvidia's GeForce Now, Sony's Playstation, Google Stadia, Amazon Luna and Facebook Gaming could be considered the most attractive following the deal.

Games developers, publishers and distributors were asked whether the deal would affect their bargaining power regarding the terms for selling console and PC games via Microsoft's Xbox and its cloud game streaming service Game Pass.

The EU competition enforcer also asked if Activision's trove of user data would give the U.S. software giant a competitive advantage in the development, publishing and distribution of computer and console games, the EU document shows.

Together: The couple had finally put to bed speculation that they had fallen out with the Spice Girl as they put on a united front by joining the rest of the Beckham clan, including David Beckham, at the event in the French capital

oment. "In order to offer unique entertainment to a wide range of customers, we want to avoid pricing people out," President Shuntaro Furukawa told the Nikkei business daily in an article published earlier t

"This is the last major market in the world, where you can see a free for all between Alibaba, Tencent, Bytedance on one hand, and the likes of Amazon, Apple, Facebook and Netflix on the other," said Joe Ravitch, Raine's co-founder and partner.

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Another 20 billion riyals will be invested in mature industry partners who bring expertise to Savvy's portfolio and 2 billion riyals will target industry disruptors "to grow early-stage games and esports companies."

Regulators also wanted to know if there would be sufficient alternative suppliers in the market following the deal and also in the event Microsoft decides to make Activision's games exclusively available on its Xbox, its Games Pass and its cloud game streaming services.

"We are harnessing the untapped potential across the esports and games sector to diversify our economy, drive innovation in the sector and further scale the entertainment and esports competition offerings across the Kingdom."

It has five independent subsidiaries, including esports arm EFG, as well as Nine66, which "is building an ecosystem for game developers and studios", and VOV company, which is building gaming and competition venues. ($1 = 3.7580 riyals) (Reporting by Ahmed Tolba and Enas Alashray in Cairo; writing by Yousef Saba in Dubai; editing by David Evans, Alexandra Hudson)
Sept 29 (Reuters) - Saudi Arabia's Savvy Games Group, owned by sovereign wealth fund PIF, will invest 142 billion riyals ($37.8 billion) in initiatives aimed at making the kingdom a global hub for gaming, state news agency SPA said on Thursday.

BRUSSELS, Oct 6 (Reuters) - EU antitrust regulators are asking games developers whether Microsoft will be incentivised to block rivals' access to "Call of Duty" maker Activision Blizzard's best-selling games, according to an EU document seen by Reuters.

Mei said the trend of Chinese entrepreneurs setting up base in Singapore as a beachhead for Southeast Asia, was likely to bring capital and new business opportunities in sectors such as digital media and gaming.
The review pointed to a 25.8 per cent fall in alcohol-related assaults, a 37.6 per cent drop in alcohol-related hospital admissions in Alice Springs and a 24.2 per cent decrease in admissions in Tennant Creek.

They asked if such exclusivity clauses would reinforce Microsoft's Windows operating system versus rivals, and whether the addition of Activision to its PC operating system, cloud computing services and game-related software tools gives it an advantage in the video gaming industry.