Tuesday, March 3, 2015

3.3.15

Entertainment:
·         The UK government’s culture secretary Sajid Javad today announced that the co-production treaty between the UK and China has been formally ratified
·         Warner Bros. gets serious about mobile with 5 new games, including Game of Thrones
·         Synacor, which provides TV Everywhere and portal solutions to small-and-medium sized pay-TV operators, has partnered with thePlatform to integrate the latter's mpx video management system
·         Netflix is closing a deal in the vicinity of $12MM for worldwide rights for ‘Beasts of No Nation’
·         Vega Baby, the Singapore-based film production and distribution company, has set up a fund to finance two to three films a year with budgets up to $10MM
·         Broadway ticket sales dropped $4.6MM from the previous frame for the week ending Sunday
·         Oprah’s Chicago-based Harpo Studios will close its doors, with the 26-year-old company's productions transitioning to OWN headquarters in Los Angeles
·         The major American broadcast networks declined to carry live Israeli Prime Minister Benjamin Netanyahu’s address to a joint session of Congress boycotted by many leading Democrats Tuesday
·         Republic Records and independent film and television studio IM Global have announced a multi-picture co-financing and co-production relationship for a series of music-driven titles
·         Warner Bros. has attached Jennifer Lawrence to star in director Steven Spielberg’s “It’s What I Do: A Photographer’s Life of Love and War”
·         Younger audiences watch more hours of video on YouTube and other digital outlets than TV — simply because they find it more enjoyable and relevant to their lives, according to a new study
·         Smashd.co, which debuted March 2, is a new online news vertical founded by Troy Carter (Atom Factory) dedicated to uncovering the personalities and trends in “tech, culture and hustle”
·         Improbable has an ambitious plan to help indie game studios make MMOs
·         SXSW will use a mobile app that takes advantage of location-aware Apple iBeacon technology to bring people together
·         Connected TVs surpass Blu-ray disc players in app delivery
Tech:
·         Google says its new wireless service will operate on a much smaller scale than the Verizons and the AT&Ts of the world, providing a new way for relatively few people to make calls, trade texts, and access the good old internet via their smartphones
·         Waze is now included in the section of apps that make up Google Mobile Services, or the pre-installation software bundle Google offers to smartphone and device OEMs building Android gadgets
·         Pebble announced Pebble Time last week, the next-generation version of its Pebble smartwatch, and today it’s revealing another new product: Pebble Time Steel
·         Alibaba Group’s announcement yesterday that it will launch a non-$316MM fund for entrepreneurs in Taiwan was overshadowed by a government investigation into its local operations
·         Tinder’s “Rewind” functionality just went live, finally giving users the ability to go back in time and swipe right instead of left
·         A pair of Twitter vets today launched a handy mobile application called OneShot that makes it easier to share screenshots of text to Twitter, along with your comment and a link to the page in question
·         Twitter has launched an embedding feature for Twitter-hosted videos, letting you put any movies shot using its native video capture and publishing tool on your site
·         NextVR, which is developing technology to capture 3D, broadcast-quality virtual reality, said today that it will be adding "light field" capture technology to its platform
·         Los Angeles-based advertising technology developer Vantage Media said this morning that it has rebranded the company, and has changed its name to Katch, as a new focus on its software platform
Deals:
·         PCH International, the company that designs supply chain solutions for hardware startups, is buying Fab for an undisclosed amount
·         Purch, a network of digital media publications, is acquiring comparison-shopping app Consumr
·         Western Digital said this morning that its subsidiary, HGST, has agreed to acquire object storage software developer Amplidata
·         Springleaf agrees to $4.25B deal for Citigroup’s OneMain
Business:
·         Warren E. Buffett, the billionaire chairman of Berkshire Hathaway, has released his annual shareholder letter, and it is unusually critical of the financial industry
·         Barclays said on Tuesday that it fell to a loss in 2014 as its annual results were dragged down by charges related to potential fines and litigation costs for past conduct by its employees
·         Caesars Entertainment's 6.3% rise in fourth quarter was not enough to lift the casino operator out of the red this year, as the company reported a 2014 net loss of $1.01B, compared with a year-earlier loss of $1.76B
·         Best Buy unveiled plans to buy back shares for the first time since 2012 and boosted its dividend by 21%, as the electronics retailer posted better-than-expected profit in its holiday quarter
Exec Moves:
Retail:
Startups:
·         Haltbox is a social & professional networking site that allows members to create connections, search for jobs, and find potential clients
·         Booker, which is a web-based platform enabling businesses to sell their services online, through their website, network of partner sites and apps, raised $35MM in its Series C
Government:
·         Israeli Prime Minister Benjamin Netanyahu warned the United States on Tuesday against agreeing to a nuclear deal with Iran and working with a country "deeply rooted in militant Islam", saying Tehran "will always be an enemy of America"
·         Australian shares fell back from seven-year highs today after the Reserve Bank of Australia surprised markets by holding interest rates at 2.25% instead of lowering rates for a second consecutive month
·         Hillary Clinton’s exclusive use of a personal e-mail address as secretary of state has sparked alarm even among many of her supporters, but current and former State Department officials are defending the practice as they explain how she used e-mail during her four years in the job
·         Retired four-star general David Petraeus reached a deal with the Department of Justice and plead guilty to one count of unauthorized removal and retention of classified information

Other:

Monday, March 2, 2015

3.2.15

Entertainment:
·         Yahoo is launching a new digital magazine called Yahoo TV - the new magazine will feature articles and analysis on television shows
·         Chew places a lot of emphasis on the video side of what is otherwise a music streaming platform - users are expected to share a video stream alongside their audio
·         Please see below for an interesting article on storytelling in the digital age
·         21st Century Fox and Apollo Global Management, joint owners of the newly-formed global TV giant Endemol Shine Group, said they would merge Shine International and Endemol Worldwide Distribution under CEO Cathy Payne
·         Chinese box-office revenue edged ahead of the United States in February for the first time ever as a record Lunar New Year bonanza brought in $650MM in the second-largest movie market, according to data from research firm Entgroup
·         High school students can get free tickets to “The Imitation Game” thanks to a partnership between the Oscar-winning film’s distributor, the Weinstein Company, and AMC Theatres
·         MyTF1VOD, the on-demand platform of France’s top commercial network TF1, is set to roll-out AfrostreamVOD, a digital service dedicated to African, Afro-American et Afro-Caribean movies
·         A million-dollar ticket for the Grateful Dead's Fare Thee Well concerts in Chicago is simply tout tactic on the resale site StubHub
·         India's leading direct-to-home (DTH) operator Tata Sky is to launch the first commercial 4KTV and video services in the subcontinent.
·         Frontier Communications plans to deploy a co-branded version of the TiVo Roamio DVR with over-the-air (OTA) support as part of its video offering for residential and business customers
Tech:
·         Apple has added language to legal documents (via 9to5Mac) regarding the scope of its company activities to include vehicles, with a generic description that includes automobiles, bicycles, rail, ships, aircrafts and more
·         Apple is capitalizing on the fact that they’re the most popular camera by launching a new ad campaign dedicated to images shot by iPhone users
·         Samsung continues investing in the future of mobile virtual reality, with a brand new version of Gear VR designed specifically to work with the new Galaxy S6 and S6 edge smartphones
·         HTC is gearing up to compete in the gaming wearable space, announcing a partnership with games publisher Valve to bring a virtual reality headset to market, called the HTC Vive — to compete with the likes of the Oculus Rift
·         Tinder Plus, the dating app’s first step into the wonderful world of freemium monetization, will launch today for $9.99, according to sources familiar with the matter
·         PayPal just debuted its new chip-and-pin solution (EMV) and it’s NFC enabled — making it one step ahead of Square
·         IBM and Apple announce three bland apps for airlines, retailers, and banks
·         Google has confirmed the long-standing rumors that it was planning to enter the mobile virtual network operator (MVNO) space in the U.S.
·         With no new announcements at Mobile World Congress, LG spent most of a press conference Sunday trying to explain the thinking behind its first WebOS-based smartwatch, which was detailed last week
·         The LTE Broadcast project has received another boost, this time in the form of endorsement by capabilities managed, multiscreen video technology provider Quickplay.
Deals:
·         PayPal, the payments service with 162 million users preparing to separate from e-commerce giant eBay later this year, is announcing an acquisition today to help build out its mobile business targeting physical merchants
·         NXP Semiconductors and Freescale Semiconductor are merging in a $40B deal
·         Airbnb is in the process of raising another round of funding that will value it at $20B
·         San Diego-based Pulse Electronics said today that it is an agreement to be acquired by affiliates of Oaktree Capital Management
·         RockYou has raised $23MM in funding from Columbia Capital as part of its strategy of operating aging social games at a profit
Business:
·         Lumber Liquidators shares are getting smoked after a report aired on "60 Minutes" Sunday night that showed major issues at some of the company's factories in China
·         Forbes' magazine has just released its annual world's billionaires list
·         Gannett said the activist investor Icahn had also withdrawn his corporate governance proposals that would have made it easier to sell the media company
·         Orange has been discussing a possible alliance with Telecom Italia
·         Costco Wholesale Corp. named Citigroup Inc. and Visa Inc. as its new credit partners, replacing American Express Co. as the exclusive credit-card network at its stores beginning in April of next year
·         The Nasdaq Composite climbed briefly above the 5000-point level for the first time in almost 15 years, marking a milestone in the revival of an index that once was synonymous with dot-com excess
Exec Moves:
·         David Besbris has left his role as the head of Google’s social and identity product - he has been replaced by Bradley Horowitz, a longtime VP of product for Google+
·         Gordon E. Dyal, a former head of Goldman Sachs’ mergers business and a veteran deal maker, is retiring, the firm announced in an internal memorandum on Monday
·         Jonathan Decker has exited IM Global, where he was president, to join Nicolas Chartier’s Voltage Pictures as president and COO
·         Bob Moczydlowsky, Twitter's head of music, has left the company
Retail:
Startups:
·         Tworlds is a photo-sharing app that lets you experience the life of a total stranger
·         Google SVP Sundar Pichai has given a few hints about what value Google sees in Magic Leap, the very well-financed augmented reality startup that Mountain View led a $542MM investment round in last year, and which Pichai also sits on the board
·         Los Angeles-based online fashion retailer Nasty Gal has raised $12.7MM, as part of an ongoing venture funding targeted at $16MM, according to a regulatory filing by the firm this week
Government:
·         Asian stocks rose on Monday after China cut interest rates by a quarter percentage point over the weekend
·         U.S. consumer spending fell for a second straight month in January as households continued to cut back on purchases, opting to save much of the massive windfall from cheaper gasoline
·         Israeli Prime Minister Benjamin Netanyahu on Monday said the relationship between the United States and Israel was stronger than ever despite tensions over Washington's ongoing nuclear negotiations with Iran
Other:
·         A post written by ISIS supporters has emerged, threatening Twitter employees with death because the microblogging platform deletes accounts related to the terrorist group
·         A video posted online (graphic) shows LAPD officers confronting then shooting and killing an unarmed man on Skid Row on Sunday