Monday, August 25, 2014

8.25.14

Entertainment:
·         Amazon Studios ordered five kids pilots, three animation and two live action
·         Aaron Paul started a production company ‘Lucid Road Productions’ and signed a first look deal with Sony Pictures TV
·         Please see below for the list of winners at the VMAs
·         ‘Paper Planes’ wins at the CinefestOZ festival held in WA
·         ‘Sin City: A Dame to Kill For’ opened to a grim $6.4MM over the weekend
Tech:
·         DraftKings raises $41MM, led by Raine Group, and acquires StarStreet to capture a larger portion of the daily fantasy sports market
·         Niche founders discuss how they believe social media offers exciting opportunities to implement fun and creative ads
·         Twitter is aiming to launch Stripe, an ‘in-tweet’ commerce project to purchase items through tweets
·         Amazon is gearing up to launch its own ad network to retailers
Deals:           
·         Google acquired Gecko Design, which did the mechanical design of the FitBit, to help with its Google X special projects lab
·         Please see below on the reasoning behind Alibaba’s $120MM investment in Kabam last month
Business:
·         TiVo releases TiVo Roamio OTA DVR, a $49.99 over the air DVR
·         A SpaceX Rocket exploded after launch in Texas on Friday the 22nd
·         Burger King is in talks to buy Tim Hortons and move to Canada (to save on taxes), and Bill Ackman’s Pershing Square made nearly a $160MM since the stock rose 16%
Exec Moves:
·         Dan Shear is now VP of Comedy at Universal TV
·         Brad Mendelsohn is now Head of the Lit Department at Circle of Confusion
Retail:
Startups:
·         Appcelerator raised $22MM in its Series D
Government:
Other:
·         Lord Richard Attenborough has passed away at age 90

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