Monday, November 3, 2014

11.3.14

Entertainment:      
·         Rovi to acquire Fan TV to bring its streaming set top box to more consumers via the cloud
·         Trent Reznor is working with Apple on a special project to focus on the world of music delivery
·         RealNetworks’ streaming video service RealPlayer Cloud is rolling out new applications for those with a Mac or Microsoft’s Xbox One game console
·         Taylor Swift has pulled all of her albums off of Spotify
·         Sony Pictures Animation is partnering with Fred Seibert to launch GO! Cartoon, an online incubator of animation talent, on Seibert's Cartoon Hangover channel on YouTube
·         Fox broke a domestic box office record for its highest-grossing year ever, Fox International has now set a new industry benchmark for box office earned in a calendar year with a cume so far of $3.254B
·         Major studio and network owners' decision to sell shows to Netflix might go down as one of the biggest strategic blunders they've ever made
·         Hollywood Media Bridge has just been infused with a $25 million equity investment from Canadian entrepreneur Jonathan Kitzen and his Kajanga Syndicate
·         X-Men character Gambit is getting his own spinoff movie with Channing Tatum
·         SNL ratings up with Chris Rock and Prince
·         Star Wars: Episode VII has wrapped shooting
·         StyleHaul confirms sale to RTL for $107MM
Tech:
·         Please see below for an interesting article on Stuxnet, the world’s ‘first’ digital weapon
·         Starbuck’s mobile payment system is said to have a larger market share than Apple Pay
·         Amazon has joined Facebook and Google in exposing the tech industry’s gender gap
·         Apple Pay has partnered with McDonalds, and PayPal with Burger King
·         Beats Music announced a partnership with Southwest Airlines to deliver its streaming library to inflight entertainment onboard Southwest planes that offer Wi-Fi
·         Rant Inc., the young media company behind RantSports, has launched 11 more news verticals
·         Tinder is rapidly approaching 50 million active users, who are spending an average of 90 minutes a day on the service
Deals:
·         Global ad giant Publicis is spending big to position itself as the top agency for brands riding the digital wave, after it announced a deal that sees it acquire Sapient for $3.7B
·         Virgin America to raise up to $368MM in its initial public offering
·         Los Angeles-based digital advertising technology developer Social Reality has raised $25MM, and acquired display and mobile ad company Steel Media
·         Altice, the European cable and mobile service provider, offered on Monday to buy the Portuguese assets of the Brazilian carrier Oi for about $8.8B
·         LabCorp has agreed to acquire Covance for $5.6B in cash and stock, "creating the world's leading healthcare diagnostics company”
Business:
·         Virgin Galactic’s SpaceShipTwo experienced an “in-flight anomaly” and crashed
·         Sohu, the Chinese search, video and games group, saw revenues climb by 17% to $430 million and net losses came in at $28MM
Exec Moves:
·         After hiring former Lyft COO Travis VanderZanden earlier this month, Uber has now scored Lyft’s former VP of Operations Stephen Schnell to work on international supply growth
·         Netflix lures Larry Tanz, CEO of Michael Eisner’s digital studio
Retail:
Startups:
·         Contextly isn’t just pointing visitors to relevant articles, but videos and products as well
Government:
·         Please see below for an interesting article on Midterm Elections
Other:
·         Joran van der Sloot was stabbed twice by fellow inmates in a maximum security prison in Peru


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