Wednesday, November 19, 2014

11.19.14

Entertainment:      
·         Netflix has confirmed that it will launch in Australia/New Zealand in March 2015
·         Amazon announced that its Fire TV Stick is the “fastest-selling Amazon device ever,” and is now shipping to customers on a first-come, first-serve basis
·         Xiaomi and Shunwei Capital have together made a $300MM strategic investment in iQiyi, the video platform that is majority-owned by Baidu
·         Multipop, which helps brands, marketers, and publishers make their videos interactive and shoppable, has raised $2MM
·         The WSJ reported last night that next month Nielsen will begin measuring viewership of programs on Netflix and Amazon
·         Pinewood Pictures, which finances and distributes the media investments of the Pinewood Studios Group, today announced it has closed a deal that will see 20th Century Fox book all films on its distribution slate into cinemas
·         This past Sunday, Fox News Channel's MediaBuzz with Howie Kurtz delivered its biggest audience since its launch with 1.3 million viewers, and was the No. 1 cable news program for the day
·         Stephen Colbert is set to host this year's Kennedy Center Honors
·         The Hasbro/Dreamworks Animation deal talks were sabotaged by an anonymous letter
·         Netflix has decided to postpone its Bill Cosby special as the comedian faces multiple accusations of rape
·         Justin Timberlake is now a co-owner of the audio technology company AfterMaster Audio Labs
·         Ticketfly has launched Ticketfly Pulse, which is a mobile tool that gives easy access to real-time event stats, allowing promoters to quickly see an event's total tickets sold, tickets sold that day, the number of available tickets and the event's gross ticket sales
·         Sony’s CFO, Kevin Kelleher, said the company will take a cautious approach to free, ad-supported streaming services like Spotify
·         Giancarlo Stanton has signed a record-breaking $325MM, 13-year contract to remain with the Miami Marlins
·         Video encoding specialist Sorenson Media has launched an end-to-end video platform for broadcasters that will enable encoding, storage, streaming and play-out across all connected devices
Tech:
·         Clarity is a keychain-sized gadget that lets users constantly track their personal exposure to air pollution via a smartphone app
·         Viber is introducing Public Chats, a new feature that makes it easier to see what celebrities and public personalities are chatting about
·         On-demand shipping startup Shyp is officially launching in Miami, and preps for a launch in LA in early 2015
·         Prezi, the cloud presentation platform that competes against Microsoft’s PowerPoint, is poised to become a far more mainstream product with a $57MM growth investment and it has passed 50 million users
·         BuzzFeed’s next step is messaging apps, and the company has teamed up with Tencent to become a media partner on the Chinese firm’s WeChat app
·         Los Angeles-based ventureLab Growth Partners has launched a new "startup studio" to invest in and build early stage startups
·         Santa Monica- and Helsinki-based Seriously, a developer of mobile games, has raised $5MM in additional funding
·         Yesterday, Apple released a new bundle of developer tools called WatchKit to help make third-party Apple Watch apps, and with it they announced a new typeface called ‘San Francisco’
·         Facebook has rolled out a new Group app, which lets people with a shared interest engage in sharing which can be public, semi-private, or extremely private
Deals:
·         Kik, the messaging app, has raised $38.3M in its Series C and has acquired GIF messenger app Relay
·         Please see below for today’s top tech funding stories
·         Pluralsight, an online training platform for technology professionals, has acquired Smarterer for $75MM
·         Koch Industries has agreed to acquire Oplink Communications, a maker of optical networking components and subsystems, for $445MM
·         Buyout firms KKR and Clayton, Dubilier & Rice have teamed up to take PetSmart private for more than $7.5B
Business:
·         The Securities and Exchange Commission’s reluctance to issue rules on crowdfunding could ultimately be what saves crowdfunding from a “regulatory death grip”
·         A report stating that a Russian brewer had acquired the Pabst Brewing Company turned out to be erroneous
·         Goldman Sachs has cemented its position as the top Wall Street bank for M&A in 2014, as the industry hits one of its busiest years
·         South Korea’s largest telecom firm, KT Corp., is poised to gain up to 30% next year
Exec Moves:
·         Disney animation execs Andrew Millstein of Walt Disney Animation Studios and Jim Morris of Pixar Animation Studios have been promoted to new President posts at their respective studios
Retail:
Startups:
·         CipherCloud, which provides cloud information protection solutions for enterprises to encrypt sensitive information and store them in the cloud, has raised $50MM in its Series B
·         Voter engagement startup, Brigade Media, announced that eight groups have signed up to use its upcoming social networking platform as the company gets ready to launch early next year
Government:
·         The U.S. Senate fell one vote short in its attempt to approve construction of TransCanada's Keystone XL pipeline
·         President Obama is expected to make an announcement this Friday about granting a form of legal status for up to 5 million people in the United States illegally
Other:
·         Students rally to protest proposed tuition hikes ahead of UC Regents meeting


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