Friday, August 15, 2014

8.15.14

Entertainment:
·         Al Gore sues Al Jazeera claiming that they withheld money from its $500MM purchase of Current TV
·         ‘Fury’ to now close the London Film Festival
·         FXX has acquired the syndication rights to ‘The Simpsons’ and plans to air all episodes in order from Aug 21 – Sept 1
·         Roc-a-Fella Records co-founder, Damon Dash, plans to sue Lee Daniels because he is allegedly owed money on Lee’s film and TV projects
·         Tom Hanks releases a typewriter app for the iPad
·         Warner Bros. is trying to boost its DVD/Blu-ray sales of Edge of Tomorrow by retitling it Live Die Repeat: Edge of Tomorrow
Tech:
·         The Skully Smart Helmet for motorcyclists is the fastest fully-funded Indiegogo campaign – raising $1MM in 45 hours
·         YouTube rolls out a new interface for smart TVs, set-top boxes, and game consoles
·         Barnes & Noble offers a sneak peak of their new Samsung/Nook tablet with an advertisement that features Grumpy Cat
·         Santa Monica based Science Mobile Labs has emerged from its 18 month stealth period to develop more mobile apps
Deals:           
·         Berkshire Hathaway bought a $366MM stake in cable TV operator Charter Communications
·         Carl Icahn buys a 6.6% stake in Gannett, the publisher of USA Today and more
·         Samsung acquisition of SmartThings for roughly $200MM is now official – the company got its start on Kickstarter
·         Sprinklr, a social media management startup, preps for its IPO with an acquisition of TBG Digital, which enables advertisers to buy ads through media sites
·         Coke to buy a 16.7% stake in Monster Energy for $2.15B
·         Facebook’s $400-500MM acquisition of LiveRail is official
Business:
·         Alibaba has discovered suspicious accounting at its film unit, Alibaba Pictures
Exec Moves:
·         Facebook’s VP of Product Management, Sam Lessin, is leaving the company
Retail:
·         PoachIt is a new e-commerce startup that tracks products across the web to see when they go on sale
Startups:
·         GoGoVan, an app that connects van drivers to on-demand delivery services, raises $6.5MM in Series A to expand in Asia
·         Conversion Logic, helps advertisers track their video campaigns across multiple devises, raises $1.1MM in a ‘founders’ round’
Government:
·         Ukraine troops attacked and partially destroyed a convoy of Russian armed vehicles
Other:


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