Friday, November 14, 2014

11.14.14

Entertainment:      
·         CableOne will become an independently traded public company next year following the separation from Graham Holdings Co - known as the Washington Post Co until last year when Amazon's Jeff Bezos bought the namesake newspaper
·         MGM execs say that they are enthusiastic about their recent $343.8MM investment for a 55% stake in the United Artists Media Group joint venture with Mark Burnett, Roma Downey and Hearst Productions
·         Please see below for an hour long roundtable discussion with Fox's Jim Gianopulos, Paramount's Brad Grey, Disney Studios' Alan Horn, Universal's Donna Langley, IFC Films' Jonathan Sehring and Warner Bros.' Kevin Tsujihara
·         News Corp chairman Rupert Murdoch confirmed that the company is looking at buying a stake in Australian broadcaster Ten Network Holdings, through its local pay-TV subsidiary Foxtel
·         John Malone's international cable company Liberty Global is negotiating to acquire a 50% stake in German video-on-demand service Maxdome
·         A group of 17 service providers, content companies and tech vendors has formed the Streaming Video Alliance, aimed at formulating industry-wide standards and establishing best practices for high-scale Internet video services
·         “Serial” is rapidly growing podcast of a nonfiction story from the producers of “This American Life”
Tech:
·         Please see below for articles on Net Neutrality and how it relates to Netflix and big ISP broadband speeds
·         Say Media, which owns sites like xoJane, ReadWrite, and Fashionista, will be selling off all of its owned properties so that it can focus on selling ads for other publishers, and on its content management system Tempest
·         Amazon Web Services announced a new service today called Lambda, a stateless event-driven compute service for dynamic applications that doesn’t require provisioning of any compute infrastructure
·         Amazon announced its first Docker-centric product: the EC2 Container Service for managing Docker containers on its cloud computing platform
·         PhotoShrinker lets users free up space on your iPhone or Android smartphone by compressing photos up to 1/10th of their original size, potentially freeing up gigs of space
·         Please see below for an interesting article on the ingredients that make up billion dollar gaming companies
·         Samsung Electronics is kicking off an effort to make short form mobile videos the center of a new revenue model
Deals:
·         Japanese mobile game-maker Gumi has announced that it will list on the Tokyo Stock Exchange next month at a $900MM valuation
·         Mandalay Digital Group announced that it is buying Appia, the largest independent mobile app marketer outside of Facebook, in a $100MM stock, options and debt deal
Business:
·         TubeMogul spiked 16% in after-hours trading yesterday after reporting better-than-expected revenue, profit and guidance
·         Bill Gross allegedly received a $290MM bonus at the end of 2013
·         Virgin America’s stock price was up more than 27%, to $29.36, giving the company a market valuation of about $1.3B
·         Twitter’s debt was rated as junk by Standard & Poor’s Ratings Services, a sobering grade that comes a day after executives of the social media service tried to reassure skeptics on Wall Street of its long-term growth plan
·         Microsoft’s market cap passed that of Exxon Mobil XOM, making Microsoft the second largest U.S. company by market capitalization, second only to Apple
Exec Moves:
·         Reddit CEO Yishan Wong has resigned, COO Ellen Pao has become interim CEO and co-founder Alexis Ohanian has returned to the company he founded in 2005 to fill the full-time executive chairman role
·         Media financier Ingenious Investments CEO James Clayton has left the company to join Simon Fuller's management and production company XIX Entertainment as president
·         Beau Bryant, an agent with WME's digital unit, is near a deal to become SVP Talent and Programming at Fullscreen
·         George Cheeks has just been named head of late-night television at NBC
·         Upfront Ventures said that Kara Nortman had joined the firm as a partner
Retail:
Startups:
·         LaForge Optical, a Google Glass competitor, raised $1.1MM in seed funding to further develop its technology and future product lines
·         Craftsy, the premier destination for learning, inspiration, and supplies for passionate enthusiast makers, has raised $50MM in its Series D
Government:
·         France’s economy grew for the first time this year during the third quarter and Germany narrowly avoided sliding back into recession
Other:
·         The mansion which served as the fictional headquarters of the Corleone family in the 1972 film The Godfather has been listed for sale
·         Melbourne-based architect Damian Rogers has proposed a floating wave pool for surfers in Victoria Harbor



No comments:

Post a Comment