9.2.14

Entertainment:

·         Netflix allows users to privately recommend content to their friends over Facebook

o   http://techcrunch.com/2014/09/02/netflix-taps-facebook-to-let-you-privately-recommend-content-to-friends/

·         Online video advertising spending has trumped traditional TV advertising in recent times

o   http://deadline.com/2014/09/tv-advertising-online-taking-dollars-827634/

·         DirecTV could have possibly blacked out 50 local stations owned by Raycom Media after the companies failed to reach an agreement on a new carriage deal

o   http://deadline.com/2014/09/directv-blackout-raycom-media-carriage-dispute-827574/

·         Fandor acquired a short sci-fi film to distribute the film alongside its Telluride Premier

o   http://deadline.com/2014/08/fandor-telluride-premiere-ted-video-directors-sci-fi-short-after-ai-wei-wei-relents-827292/

·         The $330MM film and TV tax credit expansion in CA has passed

o   http://deadline.com/2014/08/california-film-tv-tax-credit-expansion-passes-senate-826717/

·         YouTube, Legendary Entertainment, and Guillermo del Toro announce a partnership to have users submit short horror films on YouTube – the winner will receive a development deal with Legendary

o   http://variety.com/2014/digital/news/guillermo-del-toro-legendary-youtube-scary-halloween-short-film-contest-1201292904/

·         Scorsese to direct a casino ad starring Leo DiCaprio, Robert DeNiro, and Brad Pitt

o   http://blogs.indiewire.com/theplaylist/martin-scorsese-to-direct-casino-ad-starring-leonardo-dicaprio-robert-deniro-brad-pitt-20140902

·         YouTube unveils fan-funding for videos, which allows users to directly contribute to their favorite content creators

o   http://www.billboard.com/biz/articles/news/digital-and-mobile/6236586/youtube-unveils-fan-funding-on-videos

Tech:

·         Clinch, a location-based video editing app, is no longer in business as the team wants to focus on technology development

o   http://techcrunch.com/2014/09/02/location-based-video-editing-app-clinch-heads-to-the-deadpool/

·         Apple and the FBI are actively investigating how hackers were able to steal scandalous photos of celebs

o   http://techcrunch.com/2014/09/01/heres-what-we-know-so-far-about-the-celebrity-photo-hack/

o   http://venturebeat.com/2014/09/01/hole-in-apples-find-my-iphone-appears-closed-closing-potential-access-to-celebrities-private-photos/

·         Apple is teaming up with Visa, MasterCard, and Amex to launch a mobile wallet

o   http://www.bloomberg.com/news/2014-08-31/apple-said-to-team-with-visa-mastercard-on-iphone-wallet.html

Deals:           

·         Vice Media is selling a 10% stake to A&E Networks at a $2.5B valuation, A&E outbid Time Warner

o   http://techcrunch.com/2014/08/29/vice-media-confirms-that-its-selling-a-stake-to-ae-networks-at-a-2-5b-valuation/

o   http://deadline.com/2014/08/vice-media-stake-ae-networks-history-channel-826836/

·         Telecom Italia delays the sale of its stake in Telecom Argentina to Fintech Advisory

o   http://dealbook.nytimes.com/2014/09/02/telecom-italia-delays-sale-of-stake-in-argentine-business/

·         Compuware agrees to a $2.5B buyout from Thoma Bravo

o   http://dealbook.nytimes.com/2014/09/02/compuware-agrees-to-2-5-billion-buyout/?_php=true&_type=blogs&module=BlogPost-Title&version=Blog%20Main&contentCollection=Mergers%20&%20Acquisitions&action=Click&pgtype=Blogs&region=Body&_r=0

Business:

·         DN Capital raises $200MM in its 3^rd European fund

o   http://techcrunch.com/2014/09/02/dn-capital-raises-200m-for-3rd-european-fund-as-euro-tech-resurges/

·         Nike outbids Under Armour to re-sign Kevin Durant

o   http://www.businessinsider.com/nike-outbids-under-armour-for-kevin-durant-2014-9

Exec Moves:

·         Former House Majority Leader, Eric Cantor, joins Moelis & Co

o   http://www.bloomberg.com/news/2014-09-02/ex-gop-leader-cantor-joins-wall-street-investment-bank.html

·         Piers Morgan to exit CNN after declining a 2 year deal

o   http://www.hollywoodreporter.com/news/piers-morgan-officially-exits-cnn-729438

Retail:

Startups:

·         Legend3D raises $10MM in Series C

o http://www.socaltech.com/legend3d_raises___m/s-0056712.html

Government:

·         Uber is banned throughout Germany

o http://venturebeat.com/2014/09/02/uber-is-now-banned-throughout-germany/

Other:

·         Dunkin Donuts had its debut in Southern California today, with the launch of a Santa Monica storefront

o   http://www.businessweek.com/articles/2014-09-02/how-dunkin-donuts-created-long-lines-for-california-launch#r=hp-ls