Browsing: Entertainment

MUMBAI: Pocket Entertainment has crossed $500 million in annualised revenue run rate (ARR), marking a 70 per cent year-on-year growth as artificial intelligence reshapes how entertainment content is created, produced and scaled.

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GAAP Operating Income: $27.2 million vs. $30.1 million, including a $7.8 million non-cash vendor rebate write-off.

x Pocket Entertainment, parent of Pocket FM, achieves $500M ARR with 70% growth. AI drives content creation, personalization, and global expansion in audio entertainment. Illustration: Dominic Xavier/Rediff.com

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The Philippines Department of Tourism (DOT) and Newport World Resorts have signed a Memorandum of Understanding (MoU) to develop its entertainment sector for tourism, with live performances, cultural productions, culinary experiences, and other leisure attractions being the focus of destination development.

Alliance Entertainment (AENT) reported fiscal 2026 net revenue of $1.149 billion, up 8% from $1.063 billion in fiscal 2025. GAAP net income was $13.1 million, or $0.26 per diluted share, compared with $15.1 million, or $0.30 per diluted share, a year earlier.

Sept. 10, 2026 /PRNewswire/ — Greenberg Traurig, LLP’s Entertainment & Media Practice congratulates its clients on their nominations for the 60th annual Country Music Association (CMA) Awards, taking place Nov. 18

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Alliance Entertainment Holding Corp. (AENT) reported fourth-quarter revenue of $268.1 million, up 17.7% from a year earlier and above the analyst estimate of $244.8 million. The company said gross profit came in at $35.0 million, while cost of sales rose to $233.1 million.