Friday, August 22, 2014

8.22.14

Entertainment:
·         Movie theaters will become more interactive if the startup Audience Entertainment succeeds in allowing the audience to play together as part of an ad campaign
·         Amblin TV preps for a ‘Minority Report’ series
·         A24 and DirecTV have acquired Liam Hemsworth’s thriller ‘Cut Bank’
·         Miramax refinanced its operations and was advised by Barclays
·         Vega, Baby! has added a boutique North American acquisitions and distribution arm
·         ‘If I Stay’ opens at a strong $1.1MM last night
·         Universal Pictures plans to create a Marvel-like universe around Dracula, Frankenstein, the Mummy, the Invisible Man, and the Creature from the Black Lagoon
·         David Yates is tapped to direct the first installment of JK Rowling’s new Harry Potter themed series ‘Fantastic Beasts’
·         Paul McCartney leads the Hot Tours with sold out shows across the US
Tech:
·         Facebook is pushing for online companies to adopt its plan to let mobile apps operate seamlessly like the world wide web by linking pages inside of your browser
·         Amazon Prime Air is has recently hired former aerospace engineers from NASA and a number of former Microsoft researchers to expand
·         Plusnet, a popular UK ISP, states that Netflix is more popular than YouTube in the UK
·         Instagram adds three new tools for brands to advertise on the platform
·         Federal Court rejects Aereo’s bid to be considered a cable company
·         Coin, a digital credit card holder, is launching today in beta
Deals:           
·         Bubbly, a voice-based social media platform, was acquired by Altruist Group
·         Under Armour is trying to poach Kevin Durant from his Nike endorsement contract by offering him as much as $285MM over 10 years
Business:
·         Shake Shack picks JP Morgan and Morgan Stanley to lead its IPO
·         Microsoft is set to unveil Windows 9 on September 30th
Exec Moves:
·         Island Records promotes Steve Yegelwel to SVP
Retail:
·         Gap plans to open 40 new franchises in emerging markets, specifically India
Startups:
Government:
Other:
·         WME music agent and board member, Peter Grosslight, has passed away at 68

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