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Smilegate Makes Strategic Investment in Dan Houser’s Absurd Ventures, Accelerating Its Growth in the Global Gaming Market

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Smilegate’s deep expertise in Asian markets coupled with Dan Houser and the Absurd Ventures team’s creative vision and blockbuster AAA game experience aims to create vast and sustainable global business opportunities

SANTA MONICA, Calif., Dec. 3, 2024 /PRNewswire/ — Smilegate today announced that it has made a strategic investment and become a partner in Absurd Ventures, a U.S.-based media and entertainment company founded by Rockstar Games co-founder Dan Houser. Absurd Ventures was launched by Houser, whose creative direction during his over twenty years at Rockstar Games drove the Grand Theft Auto and Red Dead Redemption franchises, among others, to collectively sell more than 550 million units worldwide. Through this agreement, Smilegate will have the opportunity to partner on Absurd Ventures’ new IP.

Houser creatively oversaw globally successful IPs that are cultural cornerstones and rooted in immersive storytelling. As the creative director and lead writer of Rockstar’s biggest games, Houser conceived indelibly rich worldbuilding, captivating and sometimes heart-breaking stories, and created iconic characters like Tommy Vercetti, Arthur Morgan, Trevor Phillips and John Marston to name just a few. Houser’s team at Absurd Ventures includes key leaders and talent from his time at Rockstar Games as well as executive game development veterans who worked on Call of Duty, Pokemon Go! and many other AAA franchises. Absurd Ventures is currently at work building a bold new vision with diverse new IP universes across a wide array of mediums, including video games as well as live-action and animated TV and film, audio fiction podcasts, books, comic books and more. While Absurd Ventures’ video game projects are in early stages of development, they have in 2024 released a hit audio fiction series set in their science-fiction universe, A BETTER PARADISE, which debuted at #1 on Apple’s Fiction charts, and will be introducing their AMERICAN CAPER crime-fiction universe as an original comic book series in 2025. A third IP universe from Absurd Ventures will also be revealed soon.

Smilegate is the creator of the blockbuster franchises “CROSSFIRE”, “Lost Ark”, and “Epic Seven”, that are hugely beloved in the global market. “CROSSFIRE”, launched in 2007, is a first-person shooting game and is currently played in more than 80 countries worldwide by approximately 1 billion gamers. Smilegate’s flagship MMORPG “Lost Ark”, is played in 160 countries by 1..32M concurrent users. Smilegate is steadily solidifying its position as a ‘Global IP powerhouse’.

Smilegate and Absurd Ventures will each leverage the strength of the other into new and sustainable business opportunities. Smilegate will benefit from Houser and his team’s proven narrative, AAA game and business expertise in the Western market, while Absurd will benefit from Smilegate’s expertise in the Asian market. The two companies will pool each other’s strengths in areas such as online/live service, given Smilegate’s success with CROSSFIRE and Houser and his team’s experience overseeing the wildly successful Grand Theft Auto Online.

Dan Houser, Founder of Absurd Ventures, said, “This collaboration with Smilegate was borne from a mutual respect and a philosophical alignment with founder Kwon, and the great passion he and his team bring to making AAA games. We both want to build interesting worlds and new player experiences.” 

Joonho Sung, CEO of Smilegate, said, “We are thrilled to collaborate with the developers behind globally renowned series that have millions of fans worldwide. Together with Absurd Ventures, Smilegate aims to deliver games that players across the globe will love. This partnership marks a critical milestone in Smilegate’s journey toward becoming a global IP powerhouse.”

Smilegate was advised by DLA Piper and Absurd Ventures was advised by Grubman Shire Meiselas & Sacks, P.C. with respect to the transaction.

About Smilegate: Smilegate is a global game development and publishing company headquartered in South Korea with regional offices in the United States, China, and Japan. Its flagship franchise ‘CROSSFIRE,’ is one of the largest and most successful franchises in gaming history. It has more than 1 billion registered users to date in PC and mobile platforms and over 8 million concurrent players globally. Its latest project, ‘Lost Ark,’ is an MMORPG that was released in South Korea in 2018 and was launched in North America and Europe in February, 2021. Lost Ark recorded concurrent players on Steam with over 1.32M. Learn more by visiting Smilegate.com

About Absurd Ventures: Absurd Ventures is an entertainment company creating new IP across all mediums. Absurd Ventures’ original properties include the sci-fi thriller universe “A Better Paradise” and the crime fiction universe “American Caper,” whose characters, stories and lore are currently being produced and developed for video games, live-action and animated TV and film, fiction podcasts, books, comic books and more. The company has already launched a chart-topping audio fiction series set in the “A Better Paradise” universe and will be debuting an American Caper comics series in 2025. Founded by Dan Houser, Absurd Ventures is headquartered in Santa Monica, with additional studio offices in Marin, CA. 

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SOURCE Smilegate

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Dr. Gerard van Belle Appointed Director of Science at Lowell Observatory, Charting a Bold Future for Research

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Dr. van Belle to guide scientific exploration and foster innovation in the next era of astronomical research

FLAGSTAFF, Ariz., Jan. 10, 2025 /PRNewswire/ — Lowell Observatory is pleased to announce the appointment of Dr. Gerard van Belle as the new Director of Science. Van Belle, who has been an astronomer at the observatory since 2011, has been serving as the interim Director of Science.

In his new role, van Belle will lead a diverse team of astronomers and planetary scientists. He will spearhead the observatory’s new Science Vision, which focuses on advancing research capabilities and implementing cutting-edge technological improvements supporting Lowell’s leadership in astronomical research.

Under his leadership, the science department will continue to advance Lowell Observatory’s mission to pursue the study of astronomy, including the study of our solar system and its evolution, and to conduct pure research in astrophysical phenomena.

Van Belle’s own research focuses on fundamental stellar parameters, including the sizes, shapes, masses, distances, and temperatures of various types of stars. He is also renowned for his expertise in optical and near-infrared astronomical interferometry.

He earned his bachelor’s degree in physics from Whitman College in 1990, followed by a master’s degree from The Johns Hopkins University in 1993, and a Ph.D. in physics from the University of Wyoming in 1996.

Throughout his career, van Belle has been instrumental in the development and commissioning of major optical interferometers worldwide, including the Palomar Testbed Interferometer, the Keck Interferometer, and the Very Large Telescope Interferometer. His pioneering work in stellar surface imaging earned him the inaugural Edward Stone Award for Outstanding Research Publication at NASA’s Jet Propulsion Laboratory in 2002.

In 2011, van Belle joined Lowell Observatory’s science staff, where he applied high-resolution astronomical techniques to detect nearby exoplanets and map stellar surfaces. He served as the Director of the Navy Precision Optical Interferometer (NPOI) in Flagstaff, Arizona, from 2017 to 2018, and subsequently as its Chief Scientist until 2022.

Notably, van Belle was among the astronomers who voted against the definition of ‘planet’ advanced during the 2006 International Astronomical Union (IAU) conference in Prague, which relegated Pluto to being a ‘dwarf planet’ (which according to the IAU resolution is not a planet).

His extensive experience and dedication to advancing astronomical research make him a valuable leader for Lowell Observatory’s scientific endeavors.

“I am honored to take on this role at such a pivotal time for Lowell Observatory,” said van Belle. “Our Science Vision will guide us in exploring new frontiers in astronomy while strengthening our commitment to public engagement and education.”

Executive Director Dr. Amanda Bosh expressed her confidence in van Belle’s leadership: “Gerard’s extensive experience and dedication to our mission make him the ideal person to lead our scientific endeavors. I look forward to working closely with him as we embark on this exciting new chapter for Lowell Observatory.”

For more information about Lowell Observatory’s research and public programs, visit lowell.edu.

About Lowell Observatory
Founded in 1894, Lowell Observatory in Flagstaff, Arizona, is a renowned nonprofit research institution. It is the site of historic and groundbreaking discoveries, including the first evidence of the expanding universe and the discovery of Pluto. Today, Lowell’s astronomers utilize global ground-based and space telescopes, along with NASA spacecraft, for diverse astronomical and planetary science research. The observatory hosts more than 100,000 visitors annually for educational tours, presentations, and telescope viewing through a suite of world-class public telescopes.

View original content to download multimedia:https://www.prnewswire.com/news-releases/dr-gerard-van-belle-appointed-director-of-science-at-lowell-observatory-charting-a-bold-future-for-research-302348440.html

SOURCE Lowell Observatory

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ALTICE USA IS ABANDONING LOCAL SPORTS FANS AND IS KEEPING MSG NETWORKS AND ITS KNICKS, RANGERS, ISLANDERS AND DEVILS COVERAGE OFF THE AIR

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NEW YORK, Jan. 10, 2025 /PRNewswire/ — MSG Networks released the following statement about their dispute with Altice USA:

“Altice USA has pulled their last proposal and walked away from negotiations to bring MSG Networks back to its Optimum subscribers. They also just dropped WPIX Channel 11 in New York and other local stations around the country. If you have been waiting, like we have, for them to do right by their customers – don’t wait any longer. Now is the time to switch to Verizon Fios who has a special offer for Optimum subscribers. Meanwhile, Optimum has been charging their over 1 million customers for local sports programming they have not been receiving and EVERY subscriber should be credited at least $10 a month.

Verizon Fios is ready to take your business. If you are not in Verizon Fios area, you can get games through these other providers DirecTV, DirecTV Stream, Fubo and The Gotham Sports App. For more options on how to switch providers, visit www.keepMSG.com.”

About MSG Networks

MSG Networks, a pioneer in sports media, owns and operates two award-winning regional sports and entertainment networks (MSG and MSG Sportsnet) and MSG+, a direct-to-consumer and authenticated streaming offering (included in the Gotham Sports App), that serve the nation’s number one media market, the New York DMA, as well as other portions of New York, New Jersey, Connecticut and Pennsylvania. The networks feature a wide range of compelling sports content, including exclusive live local games and other programming of the New York Knicks, New York Rangers, New York Islanders, New Jersey Devils and Buffalo Sabres, as well as significant coverage of the New York Giants and Buffalo Bills. This content, in addition to a diverse array of other sporting events and critically acclaimed original programming, has established MSG Networks as the gold standard in regional sports. MSG Networks is part of the Sphere Entertainment Co. (NYSE: SPHR).

Contact:

Dan Schoenberg (dan.schoenberg@msg.com)

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SOURCE Sphere Entertainment Co.

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Infor Nexus Unveils NexTrace, its End-to-End Traceability Solution at NRF 2025

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Leveraging AI technology and a supplier-centric philosophy, the solution simplifies the data collection process, helping to promote accuracy and compliance

NEW YORK, Jan. 10, 2025 /PRNewswire/ — Infor Nexus™ , the single-instance supply chain network platform providing unparalleled visibility and collaboration, today announced NexTrace. This innovative solution is designed to improve customer transparency and provide a competitive advantage. With the EU Digital Product Passport (DPP) set to take effect in 2027, companies need to start preparing now by implementing traceability solutions. NexTrace can give customers a head start to meet regulatory requirements like the EU DPP and the Corporate Sustainability Due Diligence Directive (CSDDD). 

NexTrace provides end-to-end transparency by seamlessly tracking raw material through to finished products and beyond, ensuring full traceability throughout the entire supply chain journey. It integrates supplier ESG data and certificates for a holistic view of sustainability and compliance information. Leveraging AI technology and a supplier-centric philosophy, NexTrace simplifies the data collection process, ensuring accuracy and compliance.

“Last June, we launched Map and Trace, which empowers our customers to map their supply chains and collect documentation from multiple supplier tiers. Map and Trace provides evidence of chain of custody compliance with regulations such as the US UFLPA and the French AGEC law. With NexTrace, we’re taking this to the next level by proactively gathering full-scale item-level traceability from each tier of the supply chain. This will help our customers to not only meet upcoming regulations like the EU Digital Product Passport but also gain a competitive edge by providing comprehensive data on their products’ journey, composition, and sustainability,” said Brian Carelli, Infor VP, Sustainability and Partnerships. 

Meeting regulatory and consumer demands for product traceability requires collaboration across supply chain tiers. By connecting to Infor Nexus, companies gain a head start, leveraging an established ecosystem of over 94,000 brands, retailers, and suppliers already on the platform. Managing traceability and chain-of-custody data alongside existing supply chain processes on a unified platform accelerates progress, boosts efficiency, and reduces reliance on multiple systems. 

NexTrace Capability Highlights: 

Enables seamless lot and item-level tracing by tracking the movement of raw material lots and batches through their conversion into finished products Leverages AI to collect data from the multiple tiers of suppliers, while automatically associating transactions from one tier to the next, helping to reduce the burden on suppliers and increase data accuracy and tracing efficiency Allows suppliers to upload data from existing reports in one easy step, rather than necessitating manual data entry RFID scanning of serialized barcodes at source automatically links the multi-tier chain of custody data Integrates supplier ESG data and certificates with traceability information, providing a comprehensive view of sustainability and compliance throughout the supply chain Creates a digital link and visualization to share traceability and product information with consumers, enhancing transparency and trust throughout the supply chain Tracing data automatically updates the network graph creating linkages between products and materials providing a higher fidelity map of your supply chain network 

“Vendors will be eager to tout their Digital Product Passport solutions at NRF, but their focus is often on flashy features, rather than the minutiae of how to feed such data-hungry systems. At NRF, we look forward to demonstrating how trace data is built and how to scale a system of this magnitude,” said Carelli. 

To learn more about building a more responsible supply chain, visit https://www.infor.com/solutions/scm/infor-nexus/sustainability

About Infor Nexus 

Infor Nexus™ is the leading global supply chain platform. Infor Nexus connects a network of over 94,000 brands, retailers, manufacturers, suppliers, logistics providers and banks on single-instance network platform to seamlessly orchestrate global supply chain processes from source through to delivery and payment. Companies streamline their operations to eliminate inefficiencies and waste while gaining data-driven insights and optimizing the flow of capital for improved agility, resilience, and sustainability. Visit www.infor.com/solutions/scm/infor-nexus

Media Contact: 
Alexandria Truby 
Senior Public Relations Specialist, Infor 
Alexandria.Truby@infor.com

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SOURCE Infor

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