Former WarnerMedia CEO Jason Kilar has been named to the board of Roblox Corporation, the company behind the online game platform and game-creation system.
Kilar, who also serves on the board of directors of Wealthfront and Opendoor Technologies, exited his post as CEO of WarnerMedia on the eve of the company’s acquisition by Discovery in April 2022. Coincidentally, Kilar’s announcement came on the same day as that for the new job of another high-level WarnerMedia exec who left as a result of the merger, Brett Weitz, former General Manager Of TNT, TBS & truTV. He is joining Elon Musk’s X.
On the Roblox board, Kilar is joining former top TV executive Andrea Wong, who has been serving on multiple boards since her most recent executive job at Sony.
Kilar also joins board chairman and Roblox CEO David Baszucki, lead independent director Anthony P. Lee, and board members Christopher Carvalho...
Kilar, who also serves on the board of directors of Wealthfront and Opendoor Technologies, exited his post as CEO of WarnerMedia on the eve of the company’s acquisition by Discovery in April 2022. Coincidentally, Kilar’s announcement came on the same day as that for the new job of another high-level WarnerMedia exec who left as a result of the merger, Brett Weitz, former General Manager Of TNT, TBS & truTV. He is joining Elon Musk’s X.
On the Roblox board, Kilar is joining former top TV executive Andrea Wong, who has been serving on multiple boards since her most recent executive job at Sony.
Kilar also joins board chairman and Roblox CEO David Baszucki, lead independent director Anthony P. Lee, and board members Christopher Carvalho...
- 9/15/2023
- by Nellie Andreeva
- Deadline Film + TV
Roblox: it’s one of the biggest and most popular gaming universes online, with millions of daily users and a highly dedicated teen and tween fanbase that ballooned during pandemic-era lockdowns. But according to a recent class-action lawsuit filed against the gaming company, attorneys for at least two minors claim that the company has maintained and targeted child users with an illegal gambling ecosystem — allegedly defrauding them of thousands of dollars.
Plaintiffs Rachel Colvin and Danielle Sass said their sons both played Roblox but lost thousands of dollars on virtual...
Plaintiffs Rachel Colvin and Danielle Sass said their sons both played Roblox but lost thousands of dollars on virtual...
- 8/17/2023
- by CT Jones
- Rollingstone.com
Minecraft competitor Roblox has raised $150 million in fresh funding to build out a platform for “human co-experience,” Roblox CEO David Baszucki told Business Insider. Lead investors in the round were Greylock Partners and Tiger Global Management. Baszucki said Roblox will use the funds to expand beyond cooperative gaming into a larger (but still cooperative) virtual universe.
The favorite of many a YouTube gamer, Roblox is now reportedly valued at $2.5 billion -- the same price Microsoft paid for Minecraft’s creator studio Mojang in 2014. Roblox has raised a total of $251.6 million in venture funding date.
There are currently more than 40 million Roblox games, and all of them were created by Roblox users. Other users play the games, and spend in-game currency Robux, which costs real-world money to acquire. When that happens, both Roblox and the user who created that specific game profit from the transaction. Per Business Insider, Roblox will pay...
The favorite of many a YouTube gamer, Roblox is now reportedly valued at $2.5 billion -- the same price Microsoft paid for Minecraft’s creator studio Mojang in 2014. Roblox has raised a total of $251.6 million in venture funding date.
There are currently more than 40 million Roblox games, and all of them were created by Roblox users. Other users play the games, and spend in-game currency Robux, which costs real-world money to acquire. When that happens, both Roblox and the user who created that specific game profit from the transaction. Per Business Insider, Roblox will pay...
- 9/5/2018
- by James Loke Hale
- Tubefilter.com
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