Eric Peckham

The COVID-19 pandemic pushed the music industry to experiment seriously with virtual concerts. Historically, musicians and their managers have been careful about challenging the traditional concert model that became their main source of income as revenue from album sales disappeared. Is the current surge of virtual concerts here to stay or will it be abandoned […]

Are virtual concerts here to stay?

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Games and esports analytics firm Newzoo released its highly cited annual report on the size and state of the video gaming industry yesterday. The firm is predicting 2020 global game industry revenue from consumers of $159.3 billion, a 9.3% increase year-over-year. Newzoo predicts the market will surpass $200 billion by the end of 2023. Importantly, […]

Newzoo forecasts 2020 global games industry will reach $159 billion

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Two months after Quibi’s high-profile launch as a short-form mobile-native TV app led by billionaires Jeffrey Katzenberg and Meg Whitman, it is evident the startup is greatly underperforming relative to the hundreds of millions of dollars already spent on content and marketing.  According to a Wall Street Journal report, “daily downloads peaked at 379,000 on […]

What went wrong with Quibi?

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Saar Gur is adept at identifying the next big consumer trends earlier than most: The San Francisco-based general partner at CRV has led investments into leading consumer internet companies like Niantic, DoorDash, Bird, Dropbox, Patreon, Kapwing and ClassPass. His own experience stuck at home during the COVID-19 pandemic spurred his interest in three new investment […]

CRV’s Saar Gur wants to invest in a new wave ...

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Now that the COVID-19 pandemic has forced millions into isolation, video games are seeing a surge in usage as people seek entertainment and social interaction. When we surveyed gaming-focused VCs in October, Andreessen Horowitz partner Jonathan Lai predicted that “next-generation games will be bigger than anything we’ve seen yet,” eventually reaching “Facebook scale.” This month, […]

5 top gaming investors explain how the pandemic is reshaping ...

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A new annual survey taken before the current COVID-19 crisis led to restrictions of movement in much of the U.S. suggests good news for Amazon, Facebook’s dominance unthreatened and continued growth in podcasting. Edison Research and Triton Digital released their annual Infinite Dial survey last week, compiling data on consumers’ use of smart speakers, podcasts, […]

Survey shows growth in podcasts and voice assistants, little change ...

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A new annual survey taken before the current COVID-19 crisis led to restrictions of movement in much of the U.S. suggests good news for Amazon, Facebook’s dominance unthreatened and continued growth in podcasting. Edison Research and Triton Digital released their annual Infinite Dial survey last week, compiling data on consumers’ use of smart speakers, podcasts, […]

Survey shows growth in podcasts and voice assistants, little change ...

This entry was posted in Entertainment Gadgets Media Pandora Podcasts Spotify TC virtual assistant on by
We’ve been diligently following the development of virtual worlds, also known as the “metaverse,” on TechCrunch. Hanging out within the virtual worlds of games has become more popular in recent years with the growth of platforms like Roblox and open-world games like Fortnite, but it still isn’t a mainstream way to socialize outside of the […]

With kids and adults staying at home, are virtual worlds ...

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We’ve been diligently following the development of virtual worlds, also known as the “metaverse,” on TechCrunch. Hanging out within the virtual worlds of games has become more popular in recent years with the growth of platforms like Roblox and open-world games like Fortnite, but it still isn’t a mainstream way to socialize outside of the […]

With kids and adults staying at home, are virtual worlds ...

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Throughout this series on the rise of multiverse virtual worlds, I have outlined the collision of gaming and social media into a new multiverse era of social media within virtual worlds due to technological and cultural changes. The result will be a healthier ecosystem of social media than what currently exists and the economic development […]

The companies that will shape the upcoming multiverse era of ...

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