Friday, October 3, 2014

10.3.14

Entertainment:
·         The Rightside Group (spin off of Demand Media) has sponsored KCRW’s Left, Right, and Center podcast
·         Bob Iger has extended his contract to be Disney’s Chairman/CEO until June 30, 2018
·         Martha Stewart has partnered with AOL to launch an online webisodic reality competition called ‘Shriek or Chic’
·         The Samuel Goldwyn Foundation has donated $6MM to the Motion Picture & Television Fund to establish a new behavioral health center for its entertainment industry members
·         Please see below for Pixar’s trailer for its 2015 film ‘Inside Out’
·         Riders were trapped on Disney California Adventure’s Ferris Wheel for over an hour yesterday
·         Fantex plots a trading exchange for real people, where shares of future revenue could give stars a big payday now – intriguing for celebrities
·         Please see below for an interview with Netflix’s Ted Sarandos on the Adam Sandler and ‘Crouching Tiger’ deals
·         ‘Star Wars’ toy documentary launched exclusively on Vimeo
·         AFI has honored Steve Martin with a Lifetime Achievement Award
·         Apple is in talks with major record labels for cheaper music
·         ATM and Paragon to form Connected Artists, which will be Europe’s largest indie EDM agency
·         Deezer is broadening its U.S. presence with the release of its standard premium tier of music subscription services through a global partnership with home audio company Bose
·         Michael Caine is hinting at retirement if he doesn’t get a new script he likes
Tech:
·         Please see below for an interesting article by the VP of AOL On Originals about online video
·         Amazon has launched WriteOn to compete against WattPad and other crowd-writing sites
·         Dash launched Chassis API, a connected car platform that gives other developers access to fuel consumption and efficiency data – ‘Internet of Cars’
·         Twitter has unveiled a handful of photo-sharing features and other improvements that bring the desktop application more in line with what’s available on the web and on mobile
·         Google’s Projects Lab is developing screens that connect to form a seamless image
·         Groupon unveils a cash-back grocery shopping app called SnapSaves
Deals:
·         The EU has finally approved of Facebook’s $19B acquisition of WhatsApp
·         Adaptive Path, a SF-based design firm that offers user experience consultancy, was acquired by Capital One
·         The GoPro founders announced that it will move more than 5.8 million shares to a charitable group after the stock lock-up conundrum from yesterday
·         Yodlee, a hub for financial apps, has raised $75MM in its IPO
Business:
·         Google’s Eric Schmidt has outlined 8 effective email tips, please see the below link for the list
·         The British online bank, Aldermore, expects its IPO will pin the company’s valuation at $1.29B
·         UBS could be hit with a fine as large as $6.3B for tax evasion in France
·         Guggenheim Securities has lowered its price target of buy-rated CBS stock to $64 from $70
Exec Moves:
·         Village Roadshow has hired Bonni Lee as SVP of Production
·         Turner Broadcasting has hired Pascal Desroches as its EVP/CFO
Retail:
·         Sears to raise up to $380MM by offering the rights in its Canadian unit by early November, giving it a much-needed cash infusion ahead of the holiday shopping season
·         Bloomingdale’s plans to launch smaller stores for expansion
Startups:
·         Building Robotics, a software company providing office workers a method of controlling the temperature at their office work stations, has raised $5.5MM in its Series A
·         Roost, a developer of affordable smart home tech, has raised $975k in seed funding
Government:
·         The US has lost its first soldier in the fight against ISIS
·         The US unemployment rate has hit a six year low
·         Hillary Clinton will headline a Hollywood-centric fundraiser on Oct. 20th for Democratic Senate candidates, with Jeffrey Katzenberg and Casey Wasserman as hosts
·         According to Vox, Kansas Senate candidate Greg Orman is 2014's most cynical politician
Other:


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