Thursday, August 28, 2014

8.28.14

Entertainment:
·         VHX rolls out new admin updates to make it easier for indie producers to self-distribute their films
·         Netflix acquires ‘The Blacklist’ for $2MM an episode
·         Lionsgate to re-release ‘Saw’ for its tenth year anniversary
·         Lebron James pulls out of a few of his Hollywood projects
·         Netflix plans to launch its first original French series ‘Marseille’
·         MipTV and Mipcom is launching MipCancun to target Latin America TV markets
·         Rdio partners with Toronto Film Festival to announce a free Ellie Goulding show
·         Please see below for a breakdown of how YouTube is going Hollywood
Tech:
·         Twitter opens its analytics dashboard so everyone can track the performance of their tweet
·         Google is allegedly searching for a new office space in Playa Vista
·         Vine rolls out a new suite of editing tools to compete against Instagram’s videos
Deals:           
·         Vivendi is in exclusive talks to acquired Telefonica’s Brazilian unit for $9.8B
·         Chapman University and HID Global pair up to create a new ‘Internet of Things’ incubator
Business:
·         Alibaba’s profits nearly tripled in its last quarter
·         HP is recalling six million laptop cords because they could start fires
Exec Moves:
Retail:
·         Heidi Klum partners with New Balance
Startups:
·         Acorns has been dubbed the Tinder of investing, by investing a percentage of each transaction on Wall Street
·         SeatGeek, ‘the web’s largest ticket search engine’, raised $35MM in Series B from led by Accel along with Carmelo Anthony’s fund and Boston’s Celtics CEO’s fund
·         KKBOX, a Taiwanese music streaming service, raised $104MM to expand overseas
·         Wikia, a user-generated publishing site/content portal, raised $15MM to expand into the Japanese and Asian markets
Government:
Other:
·         AIG’s CEO, Robert Benmosche, has roughly a year left to live
·         Joan Rivers was rushed to NYC’s Mount Sinai hospital when she stopped breathing during throat surgery
·         Brad and Angelina got secretly married in France


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