Thursday, April 9, 2015

4.9.15

Entertainment:
·         YouTube announced its plans for an ad-free, subscription-based service by way of an email sent out to YouTube Partners
·         Lionsgate says this morning that it has teamed with Comic-Con International to create a year-round, Netflix-like subscription VOD streaming service
·         Universal Pictures has raked in $1B at the global box office at its fastest rate ever, thanks largely to early hits such as "Fifty Shades of Grey" and the surprising runaway success of racing tentpole "Furious 7”
·         The CBS Affiliate Board say today that they’ve reached terms that will enable CBS All Access — CBS’  $5.99 a month streaming service — to offer local stations’ live broadcasts in their markets.
·         Music streaming service 8tracks just signed a few licensing deals with independent music labels to make playlist creation much easier
·         Lego has a new game in the works with Warner Bros. Interactive, which brings the building blocks into the toys-to-life category to compete with the likes of Skylanders
·         SoundCloud, now on the road to monetizing more of the tracks on its platform through ads and paid subscriptions, is adding a key partnership into the mix to help track what gets played and when: it is now working with Zefr to identify content posted and listened to on the platform
·         Vivendi, the French media conglomerate, said on Wednesday that it planned to raise the amount of money it will pay to shareholders, settling a fight with the American hedge fund P. Schoenfeld Asset Management
·         Some of Europe’s top directors have come together to issue a statement offering alternatives to the European Commission’s proposed Digital Single Market that could revolutionize — and decimate — the European film business
·         In a surprise development, WME has just signed Eli Roth, best known for his prolific output of genre fare
·         Lionsgate is developing a grand-scale retelling of history’s greatest voyage home, Homer’s “The Odyssey.”
·         On Thursday, a court in the Polish city of Krakow adjourned until May 22 on a hearing to decide whether to extradite Roman Polanski to the U.S. to face sentencing for raping a 13-year-old girl in 1977
·         When “Avengers: Age of Ultron” opens in May, it will likely have either the top-grossing or second-highest grossing debut in movie history - $200MM
·         Cinema advertising chain Screenvision has extended its partnership with Marcus Theatres that will keep its second largest exhibition client in the tent as part of what is being billed as a “long-term” agreement
·         Tidal's artists that give the subscription service exclusive content are helping draw attention, and subscribers, to the artist-owned company - but the artists have to weight the tradeoff of being absent from far more popular services.
·         Established players such as Sky Europe and Netflix, allied with new services from HBO and Sling TV, are driving a new era of streaming entertainment to hit 100 million subs by 2015, according to analyst Ovum.
·         NanoTech Entertainment has inked a licensing agreement with Paramount Pictures to show “G.I. Joe: Retaliation” on UltraFlix, its Ultra HD network
Tech:
·         See below for an interesting article on social media and how it needs more limitations, not choices
·         Kik, the mobile messaging app company based in Waterloo, Canada, is assessing opportunities to advance its service through partnerships and strategic investment with established tech firms
·         Zynga shares plunged 11% premarket following news that controversial founder/chairman Mark Pincus is returning as CEO of the social/mobile game developer to replace Don Mattrick, who is resigning after less than two years in the job
·         See below for a review on the new Macbook Air
·         Fast-growing Chinese phone maker Xiaomi said Wednesday that it broke its own flash-sale record, selling more than two million phones in a 12-hour period as part of a “Mi Fan Festival.”
·         In a 2014 advertising cost analysis for TV and Internet, SQAD found that the average CPM for an online, in-stream video ad in 2014 was $24.20, about 60% more expensive than the average 18-49 CPM for cable TV, which came in at $15.11.
Deals:
·         LinkedIn purchased Lynda.com, the online learning company, for $1.5B
·         Santa Monica-based HAIL, a developer of mobile apps that help restaurant diners split and pay for meals with friends, has been acquired by restaurant reservations service Reserve
·         Intel has ended discussions to buy Altera, a designer of specialized computer chips, people briefed on the matter said on Thursday, putting to rest what would have been the company’s biggest-ever takeover
Business:
·         New data show that budget cuts at the IRS mean the agency is investigating fewer wealthy taxpayers
·         Computing giant IBM said today that it has secured a deal that will bring its hybrid cloud computing services to a division of the U.S. Army.
Exec Moves:
Startups:
·         Lobster, a marketplace for licensing user-generated content, is now launching a universal search feature that allows brands and publishers to search for user-generated content across multiple social platforms
·         Vulcun, a tournament site for fantasy e-sports, announced today that it has raised $12MM in venture capital from Sequoia Capital and other investors
Government:
·         Greece has made a €450M loan repayment to the IMF, Bloomberg reports, although other outlets just say that the country will make the payment today
Other:
·         About 30,000 cases of Sabra hummus sold nationwide are being recalled due to a possible Listeria contamination
·         Convicted Boston Marathon bomber Dzhokhar Tsarnaev’s mother, Zubeidat, has reportedly posted a statement online declaring Americans “the terrorists here” and calling her son “the best of the best”

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