Thursday, October 2, 2014

10.2.14

Entertainment:
·         Elijah Wood’s new movie is a thriller about celebrity hacking called ‘Open Windows’
·         WIRED is launching a new program with USC for people who want to get an online master’s degree in Integrated Design, Business, and Tech
·         Roku now offers screen mirroring for Android and Windows 8.1 users
·         Twitter UK TV rating will go live this October in partnership with WPP’s subsidiary Kantar Media
·         Starboard Value LP (the company urging Yahoo! to merge with AOL) is pushing for RealD to go private at a valuation of $540MM
·         SoftBank to invest $250MM in Legendary Entertainment
·         Sirius XM Radio will appeal a California federal judge's ruling stating it violated state copyright laws for airing pre-1972 songs by the band, The Turtles, without paying royalties
·         Orange has confirmed that it will offer Netflix's services to pay-TV clients through its set-tops starting in November
·         Google will be hit with a $100MM lawsuit by the celebrities who had their nude photos published on the Internet
·         The second trailer for Stephen Hawking’ love story film ‘The Theory of Everything’ was released today
·         Quentin Tarantino’s New Beverly Cinema has re-opened in LA
·         Neil Diamond has signed with WME after being 30 years without an agent
·         Netflix has signed a pact with Adam Sandler to star in four movies
·         Please see below for a list of Hollywood salaries
·         Ryan Kavanaugh and Dune Capital have bought out Elliot Management's Stake in Relativity
·         iHeartMedia has announced it first Latin festival ‘Fiesta Latina’ which will take place at The Forum in LA on Nov. 22
Tech:
·         Google has launched ‘YouTube for Government’ to help officials better strengthen their online presence
·         LinkedIn-owned SlideShare has launched its first iOS app
·         Hired, the tech hiring site, will be rolling out in LA
·         Elon Musk tweeted that Tesla will unveil ‘The D’ and something else on October 9th
Deals:
·         Gracenote has acquired HWW, an Australian metadata provider, for $19MM USD
·         Berkshire Hathaway to acquire the Van Tuyl Group, the country’s 5th biggest auto dealership
·         Richard Branson's Virgin Money is planning its IPO in London this month, and expects to raise about £150M ($243M) from the offering
·         Chegg has bought internships.com for $11MM in cash and stock
Business:
·         Rovio Entertainment, the maker of the Angry Birds app, plans to lay off 130 employees, 16% of its workforce
·         Box to further delay its IPO
·         Helium, an Internet of Things connected hardware platform, has raised nearly $16MM
·         GoPro’s stock has dropped more than 13% today after the founders have found a way around their lock up restriction
·         A Danish company is building a $335 million seawall around New York
Exec Moves:
·         Relativity has named Steven Mnuchin as Co-Chairman
·         Universal has promoted Nicholas Carpou to President of Domestic Distribution
Retail:
Startups:
·         Insightpool, a startup that helps companies identify and connect with their target audience online, has just raised $4MM in its Series A
·         Ticketbis, a startup that operates an exchange for buying and selling after-market tickets to events, has raised a €5.2 million led by European VC Active Venture Partners
·         Navdy, an in-car projection display from your phone, has raised $6.5MM
·         Tile, the location tracking device and app for valuable items, has raised $15.8MM in its Series A
Government:
Other:
·         Archaeologists discover 4,000-year-old wine cellar in northern Israel


Wednesday, October 1, 2014

10.1.14

Entertainment:
·         Preorders for Disney movies ‘Maleficent’ and ‘Guardians of the Galaxy’ are back on Amazon after a two-month feud
·         Samsung to invest $560MM in a Vietnamese television production plant
·         Hammer and eOne have inked a multi-year production, financing, and distribution pact
·         Discovery Studios has signed a production deal with Rob Kerr
·         Derek Jeter has teamed up with Legendary to start a website – The Player’s Tribune
·         Julianna Margulies has signed a production deal with CBS TV Studios
·         Suddenlink has dropped Viacom channels in a dispute over contract terms – this is the second cable company to do so after Cable One
·         Universal has extended its emerging writers program for a second year
·         Please see below for a list of Hollywood’s top 25 most powerful business managers
·         Netflix allegedly acquired more than 100k users in France already
·         Please see below for an interesting article on why Peter Chernin acquired a majority stake in Fullscreen
·         Ariana Grande has inked her first endorsement deal – an equity partnership with water brand ‘Wat-AAH!’
·         Sony and ATV are launching a joint venture called Selector Songs which will focus on pop and EDM talent
Tech:
·         Yahoo! has unveiled a new homepage design
·         JibJab, the fun e-card creator, has launched a new messaging app for creating gif selfies
·         Gumroad, the Kleiner Perkins backed startup that allows creators to sell digital goods, has launched its first iPhone app today that allows users to better view the content they have already purchased
·         Reddit plans to create its own crypto-currency which it will give back to users, since it raised $50MM in its Series B (notable investors include Snoop Dogg and Jared Leto)
·         Brightroll conducted a study which proves that mobile video advertising provides cost-effective incremental reach to TV advertising
·         Betaworks owned Instapaper is now free to better compete against Evernote
·         Windows 10 technical preview is now available to download
Deals:
·         Advanstar, the tradeshow operator behind FN Platform, has been acquired by UBM for $972MM
·         Bill Ackman stated that one of his funds raised more than $3B ahead of its IPO
·         Adidas plans to buy back up to $1.9B in shares
·         Zalando, the German online retailer, went public and the company is now valued at $6.7B
·         Digital health startups raised over $700MM during Q3
Business:
·         Capital One has rolled out its own mobile wallet app which is designed to work with Apple Pay
·         Houzz raised a massive $165MM in its Series D led by Kleiner Perkins to expand internationally
·         The NYT is planning to eliminate 100 news room jobs
Exec Moves:
·         Otter Media has added Virasb Vahidi as its CEO, and others to its executive ranks
Retail:
·         American Apparel’s board is now more open to let Dov Charney stay at the company, just not as its CEO
Startups:
·         Hipcamp, a company that helps people discover and book camping sites, has raised $2MM in seed funding
Government:
·         Australian aircraft will now support the US-led air strikes in Iraq against Islamic State
·         Fannie Mae and Freddie Mac investors lost their legal challenges to a change to the mortgage giants’ 2008 bailouts that sent their profits to the U.S. Treasury
Other:
·         75% of tech billionaires under 40 never graduated college