Tuesday, September 16, 2014

9.16.14

Entertainment:
·         Spike buys a TV drama about the Silk Road, an illegal online marketplace
·         Scripps Networks agrees to supply channels to Dish Network’s streaming video service
·         Huayi Brothers, the Chinese film company, is spending $130MM to start a US subsidiary
·         Matt Damon and Paul Greengrass reunite for another Jason Bourne film
·         Social 25 honors 25 people in the upcoming Social Media Week in LA
·         Judd Adatow’s pilot ‘Love’ gets a two season commitment from Netflix
·         Rihanna slams CBS for pulling her song ‘Run this Town’ from certain NFL games
·         Leica strips its display from its digital camera in its 60th anniversary return to basics
Tech:
·         Video analytics is slated to be the next frontier for big data as video data stored in the cloud is increasing
·         Fastly, a content delivery network, raised $40MM in its series C led by August Capital
·         Uber is no longer banned in Germany
·         Roku has announced that it has sold over 10 million units
·         Google’s Chromecast now works with Twitch, Disney Channel, and iHeartRadio
·         Clear Channel is rebranding itself as iHeartMedia
·         Flipboard adds interactive mobile ads into its personalized magazines
·         The German Justice Minister wants Google to disclose exactly how it ranks search results
Deals:
·         JibJab acquired Make Believe Studios, the makers of the ‘Hello Santa’ app
·         Mobli, the Tel-Aviv based photo and video sharing platform, acquired Pheed to boost its monetization capabilities
·         Stratasys, a 3D printing company, is acquiring GrabCAD for roughly $100MM
·         Russia’s Internet group, Mail.ru, has acquired 48% of the country’s biggest social network, VKontakte, for $1.47B
·         Orange offered to acquire the Spanish telecommunications provider, Jazztel, in a $4.4B deal
Business:
·         University of California is on the verge of creating a venture fund of up to $250MM
·         Sears is working on repairing its troubled finances, and has borrowed a $400MM short term loan from its Chief Executive, Edward Lampert
·         The Airbus Group, a European aerospace and defense company, intends to sell several of its defense and space businesses
·         Blackstone is starting a new $16B buyout fund called Blackstone Capital Partners VII
·         Kiss raises $1MM for renovation of the Oregon Military Museum
Exec Moves:
·         Larry Wasserman is now the CFO of Skydance Productions
·         CAA promoted 4 staffers across its marketing, sports, and TV departments
·         Marc Benioff, the CEO of Salesforce, has left the Cisco Systems board
Retail:
·         PoachIt, a smart shopping tool, raised $1.8MM from Robert Sillerman, Roland Berger and others
Startups:
·         Bellabox, Australia’s largest beauty box service, raised $2.7MM from Allure Media
Government:
·         Obama to announce the expansion of military and medical resources in West Africa to help fight the Ebola epidemic
Other:


No comments:

Post a Comment