Tuesday, November 18, 2014

11.18.14

Entertainment:      
·         Sony is looking to boost its movie and TV revenue by 36% in the next three years as it cuts costs and invests in potential hit films
·         Huayi Brothers Media, China's biggest private film company, has inked deals with two of China's biggest Internet companies - Alibaba and Tencent
·         AXS TV announced today that it will telecast five major music festivals in 2015, giving viewers access to more than 70 hours of live festival entertainment
·         Legendary Entertainment has inked a first-look TV and digital production pact with Jimmy Miller's Mosaic Media Group
·         Jeff Eastin, ‘The White Collar’ and ‘Graceland’ creator, has signed a joined overall deal with 20th Century Fox Television and Fox Television Studios
·         Please see below for an article on the ‘Mockingjay: Part 1’ premiere
·         A study performed earlier this year by Pandora found that it has a positive effect on music sales
·         Stanford University and Warner Music Group are teaming up to help find the music industry's next crop of innovators and leaders
·         UK broadcast regulator Ofcom has opened an investigation into the joint selling arrangements by the English Premier League of the live UK media rights for its football matches, following a complaint from Virgin Media
·         Video brand advertising solutions provider YuMe has struck an exclusive partnership with TV manufacturer Vestel
Tech:
·         Whatsapp announced that it is implementing end-to-end encryption, an upgrade to its privacy protections that makes it nearly impossible for anyone to read users’ messages—even the company itself
·         Snapchat announced a partnership with Square to allow users to send cash via the app
·         Nanigans took the last four years of growth to become one of the biggest Facebook Ads API tool managing $500MM a year in spend, with over 60% on mobile.
·         GreatFire, a non-profit organization that monitors internet censorship in China, reported that “thousands” of websites and apps that work with Edgecast, a service which Verizon bought for $350MM last year, are unavailable in the country
·         Alibaba to open an Alipay office in Australia
·         Please see below for a video of Tony Hawk riding a hoverboard
·         Apple Pay has rolled out at hundreds of grocery stores across the US
·         Emil Michael, a senior executive at Uber, suggested the company consider hiring a team of opposition researchers to dig up dirt on its critics in the media
·         Square now lets merchants sell Square gift cards
Deals:
·         ROLI, which makes the innovative Seaboard Grand, a completely new type of keyboard musical instrument, has acquired JUCE, a long-time C++ framework
·         Groupon just announced that it has acquired Swarm Mobile, a startup that helps businesses connect with and track their customers while in stores
·         Please see below for an article on how mega-mergers are popular again on Wall Street
Business:
·         IBM is releasing a new email product called IBM Verse
·         500 Startups is announcing a $10MM fund built for mobile startups
·         Samsung plans to reduce smartphone models by up to 30%
Exec Moves:
Retail:
·         InStyle has dismissed its publisher Karin Tracy and replaced her with Nina Lawrence of The Wall Street Journal
Startups:
·         Alfred, an automatic service personal errand service, raised $2MM in seed funding
Government:
·         After finalizing a free-trade agreement with China yesterday, Australia is now pushing for a comprehensive trade deal with India

Other:

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