VENN launched in August with the goal of becoming the "MTV of the Gaming Generation" but it turns out the gaming generation doesn't appear to want MTV. They want short-form content.

On Thursday, VENN announced a significant shakeup, shifting their content strategy from about 85% long-form shows to 85% short-form, which is cheaper to produce and offers near instant feedback, co-CEO Ariel Horn told dot.LA.

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If it seemed like everyone and their mother took up gaming this year, that may be because playing became far more popular as social media transforms the industry.

Nearly all games allow for multiple players to interact inside the game, but this year as the pandemic kept people at home, game worlds further converged with social media. Gamers used livestreaming platforms like Twitch and Discord to connect as they play.

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VENN leveled up in its quest to become the 24/7 streaming network for gaming on Tuesday, announcing it has closed a $26 million Series A financing round. The Playa Vista-based company has also turbocharged its leadership and distribution network.

The Videogame Entertainment and News Network launched in August with $17 million in seed funding. That round was led by Bay Area gaming fund BITKRAFT, which also co-led the Series A — this time with Nexstar Media Group, a NASDAQ-listed telecoms company headquartered in Irving, Texas.

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