Monday, September 8, 2014

9.8.14

Entertainment:
·         TheTake is an app that allows users to purchase retail items they saw in movies – raised $2MM from Demarest Films and the former NBC Chairman
·         Raycom-DirecTV come to an agreement, and DirecTV restored 43 stations for Raycom
·         In recent memoir, Ted Hope relives his days at Good Machine with James Schamus and David Linde
·         ICM is still fighting to get the intern class action lawsuit dismissed
·         Lionsgate UK to distribute Summit titles
·         Please see below for a list of the Streamy Award winners
·         Relativity Media to launch specialty division (R-squared) to identify prestige titles prior to award season
·         Disney and Deadmau5 are in a legal battle over copyright infringement of similarities to his mouse head and Mickey, and Disney using Deadmau5’s music in a trailer
Tech:
·         Twitter is set to unveil its ‘Buy’ button today to transform tweets into transactional services
·         Facebook hits 100 million users in Africa, half of its internet-connected population – 9% of the continent’s total population
·         Reddit is reported to be raising $50MM at a $500MM valuation
·         Facebook serves roughly 1 billion views a day on average
·         Bill Gross of Idealab, to launch Idea Market to match startup founders with capital and a community
Deals:
·         Flipboard acqui-hired visual story-telling startup Ultravisual to boost content curation features on its platform
·         Salesforce.com is launching a $100MM Salesforce1 Fund
·         Yahoo! acquired and shut down Luminate, an interactive image platform
·         Peak Ventures launches a $23MM venture fund to back seed-stage startups in Utah and nearby states
Business:
·         Vodafone to develop mobile payment system with Visa
·         Amazon is in talks to sells its Fire phone exclusively through Telefonica’s O2 in the UK
·         Carlyle raises $3.9B to start the second-largest private equity fund in Asia
·         Amazon sells its Fire phone for 99 cents with a two year contract
Exec Moves:
·         Universal to name ex-Disney SVP, Vince Klaseus, to President of Universal Brand Development
Retail:
Startups:
·         Adjust, app analytics startup, raises $7.6MM in its Series C
Government:
·         US estimates it will take 3 years to take down ISIS
·         Please see below for a map of what countries prefer US to China
Other:
·         Bruce Morton dead at 83
·         NPH marries David Burtka


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