entertainment

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Kakao Entertainment plans to notify publishers and rights holders about the Tapas shutdown on Tuesday

Paramount is appointing a new co-CEO ahead of the close of its $110 billion merger with Warner Bros. Discovery. Ynon Kreiz, previously Mattel's chairman and CEO, will be joining Paramount to lead alongside chairman and CEO David Ellison. According to Paramount , "Ellison will focus on the company's long-term strategy, creative vision and direction, including its talent relationships, strategic partnerships, technology and capital allocation. Kreiz will focus on the company's day-to-day management and integration of the combined businesses." The combined Paramount and Warner Bros. Discovery will "report jointly" to Ellison and Kreiz. Kreiz … Read the full story at The Verge.

Video games have given us plenty of ways to traverse huge open worlds, but none have felt quite as oddly exhilarating as manipulating gravity in Control Resonant 's twisted version of New York City. It's a game that lets you flip, twist, and fly through the air, while exploring settings that look ripped out of Inception . It's as if you mashed up the meta storytelling of House of Leaves with the inventive platforming of Super Mario Galaxy and somehow turned it into a coherent experience. That strange combination is just the latest example of developer Remedy making games like nobody else out there. Resonant is a sequel to 2019's Control - tho … Read the full story at The Verge.

Now that Paramount has reached a settlement with the 12 states that were suing to block its $110 billion merger with Warner Bros. Discovery (WBD), the studio is even closer to becoming one of the world's biggest production houses. In addition to spending at least $300 million more on film and TV projects produced in the US, Paramount says that it will release a minimum of 30 movies annually after it absorbs WBD. On paper, these goals make it sound like Paramount is trying to ensure that the entertainment industry won't be harmed by its WBD acquisition. But when you look at the studios' recent output, it seems very much like Paramount CEO Dav … Read the full story at The Verge.

Xbox has become a shell of its former self - and things are only getting worse. As part of its planned cuts impacting around 3,200 workers , the company announced today more changes that will further dilute the brand. Studios are being consolidated, others are on the brink of being closed altogether, and Xbox's most iconic franchise, Halo , is being moved to a new developer. The future of Xbox looks more uncertain than ever. Today's news includes "eliminating 268 roles across Halo Studios, other first-party studios, and the [Xbox Game Studios] management and central functions layer." But there is also plenty of reorganization happening, parti … Read the full story at The Verge.