Friday, January 23, 2015

1.23.15

Entertainment:
·         Chroma Fund, which lets you IPO your own media projects, including indie video games, films, or any other endeavor you think could make a buck - you can’t IPO yourself (which the founder did in 2008), but you can IPO your creativity
·         GoPro is partnering with the NHL and NHLPA to incorporate GoPro footage into live broadcasts of professional hockey games
·         Vice News is offering a glimpse into what news broadcasting might look like when VR is omnipresent with a report on the New York Millions March from December
·         iHeartMedia has today announced that its iHeartRadio streaming music service has surpassed 60 million registered users
·         Visible Measures, a startup focused on video analytics and advertising, has launched a new site called True Reach, bringing viewing data together from across the web
·         The Los Angeles Dodgers are said to be in discussions to sell a minority ownership share to a group of South Korean investors
·         Confirming earlier reports, DreamWorks Animation announces it will cut 500 jobs, about one-fifth of the work force, as part of a plan to restructure its core feature animation business
·         Sony will delay the official submission of its third-quarter results due to the massive cyber attack on Sony Pictures, and has asked financial regulators to extend the filing of its report to March 31 from Feb. 16
·         The Ramdam Film Festival in Belgium has been cancelled due to security concerns over terrorist threats
·         Tugg Inc., the movie marketer that allows fans and creators to choose the films that play in theaters, has partnered with Elizabeth Koch’s New Balloon cross-platform media venture on an initiative to help market and distribute culturally significant films
·         Megan Ellison’s Annapurna Pictures is forming a Virtual Reality division of the company, forming a joint venture with artist Chris Milk to develop VR content
·         The Weinstein Company will release its Jake Gyllenhaal boxing pic Southpaw wide on July 31
·         Vimeo announced deals to create online video-on-demand storefronts for long-form content with the publishers behind The Atlantic, TVGuide.com, TV.Com, Metacritic and TEN: The Enthusiast Network
·         TruTV is pushing into scripted fare with former NBA great Shaquille O'Neal - the comedy is inspired by the wild and frenetic business O'Neal has built following his 19-year career
·         Quentin Tarantino has begun shooting his Western “The Hateful Eight” in Telluride, Colo., for The Weinstein Co., which is planning a release this year
·         NBCUniversal’s international channels arm, Universal Networks Intl., has decided to stop operating pay TV channels, including Universal Channel and E! Entertainment Television, in Russia
·         Cobie Smulders spoke with Indiewire about saying goodbye to the show that made her name, and her two films playing at Sundance this year
·         All of the leading providers of streaming music are now in the scorching hot legal zone involving pre-1972 music after seven lawsuits were filed on Thursday against Apple's Beat Electronics, Sony Entertainment, Google, Rdio, Songza, Slacker and Escape Media Group
·         A new report by Next Big Sound presents the state of the music industry from a data point of view. Aimed at brands -- the traditional music industry can still find plenty of useful information -- the web-based report uses attractive charts and plain English to guide the reader through music's impact across the Internet
·         Independent film production company Crystal Sky Pictures has taken the Ultra HD plunge in a global licensing agreement with NanoTech Entertainment
·         Leading production house FremantleMedia has increased its shareholding in one of Europe's top multi-channel networks Divimove to 51%
Tech:
·         Uber announced today that it will resume operations in New Delhi, India - it was banned by authorities six weeks ago after a female passenger accused an Uber driver of rape
·         Twitter appears to be sending out a message to a group of very high-profile users suggesting that these users post photos directly to Twitter instead of sharing through Instagram
·         Twitter has officially added Bing Translator to its site, mobile apps for iOS and Android, and TweetDeck
·         Already-forgotten, anti-Facebook social network Ello today launched the ability to share music and video clips in its feed
·         Please see below for TechCrunch’s new 13 questions series, with former CEO of Makerbot Bre Pettis
·         Snapchat is at the center of a murder investigation in Mount Pleasant, South Carolina, after a teen allegedly stabbed and killed his girlfriend over a message sent via the service
·         France's second-biggest theme park, Puy du Fou, is enlisting 50 drones to keep guests entertained by incorporating them into its Cinéscénie nighttime show
·         Bond is a new company that uses bots to create ‘hand-written’ letters
Deals:
·         Expedia agreed on Friday to buy its fellow travel booking site Travelocity for $280MM in cash, nearly two years after the two forged a marketing and technology partnership
·         Box is going public today and opened at around $20.50, far above its $14 IPO price, giving the company a valuation of around $2.5 billion
·         Orange has unveiled a new fund called Digital Ventures, with the aim of finding, strategically funding and then working with early-stage tech businesses
·         Hutchison Whampoa, one of the flagship companies of the Hong Kong billionaire Li Ka-shing, said on Friday that it had agreed to enter exclusive talks to buy O2, the British cellphone carrier owned by the Spanish telecom giant Telefónica, for roughly $15B
·         Amazon.com has agreed to buy Annapurna Labs, an Israeli chip developer, for about $350MM
·         Family Dollar Stores Inc’s shareholders approved the discount retailer’s deal to be bought by Dollar Tree Inc, effectively putting Dollar General Corp out of the race to buy the company
·         Michael Bloomberg wants to purchase The New York Times
Business:
·         Tim Cook took in $9.2MM in 2014 — $1.7MM of that as salary, $6.7MM as non-equity compensation
·         Sprint is welcoming T-Mobile customers in the U.S. with open arms and a sweet new deal - starting today, when T-Mobile customers switch over to Sprint, they can get $200-$350 for trading in their phone
·         In-flight catalog SkyMall has filed for Chapter 11 bankruptcy protection
·         The Winklevoss twins, two of the biggest boosters of Bitcoin, are trying to firm up support for the virtual currency by creating the first regulated Bitcoin exchange for American customers
·         The NYSE has issued a fresh warning to RadioShack saying it could delist the struggling electronics retailer as its average market capitalization stayed below $50MM for more than 30 consecutive days
·         KKR & Co. refunded money to investors in some of its buyout funds after regulators found it overcharged them, marking one of the highest-profile results yet of regulators’ increased scrutiny of the private-equity business
·         Ford Motor Co. opened a new Silicon Valley research center in Palo Alto to speed up technology development and experiments in connectivity, mobility, autonomous vehicles and big data
Exec Moves:
·         The Weinstein Company has upped Negeen Yazdi to president of International Production and Dan Guando to EVP Acquisitions, Production & Development
·         Millard “Mickey” Drexler, the retail guru whose guidance helped launch the first Apple store, will retire from Apple’s board of directors at the end of his term in March
Retail:
Startups:
·         Antuit, the big data startup headquartered in Singapore, raised $56MM in a round led by Goldman Sachs
·         Santa Monica-based startup, Level Sports connects users with an app to help their workout routine--and also link you up workout routines created by others
·         Beibei, a Chinese maternal and infant product e-commerce platform, raised $100MM in its Series C
Government:
·         Israel dealt Iran a painful blow on Sunday when it struck a convoy of senior Iranian and Hezbollah commanders in Quneitra in the Golan Heights
·         European stocks extended seven-year highs following a strong Asian session overnight, after the ECB announced plans yesterday to expand asset purchases by €60B per month until at least September 2016
·         ISIS posted a warning online that the “countdown has begun” for the execution of two Japanese hostages held in Syria, including a clock counting down to zero
·         Mitt Romney and Rand Paul are going to make climate change a real issue in the GOP Primary
Other:
·         Salman Bin Abdulaziz Al Saud ascended to the throne of Saudi Arabia after the death of his half-brother King Abdullah, taking the helm of the biggest Arab economy amid political turmoil in the Middle East and tumbling oil prices
·         The New England Patriots face a potential fine or loss of draft picks if a National Football League investigation finds the team broke rules by deflating footballs used in its conference championship game victory


No comments:

Post a Comment