Archive for July, 2011

CTC sets up Story First Prod.

July 29, 2011  |  Variety  |  No Comments

International News: Russian company merges Costafilm, Soho Media -- Russia's top TV group, CTC Media, is amalgamating its two production companies to form a single, streamlined company.

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Mr. President, Jobs Okayed the Loan but There’s Some Kind of Exclusivity Clause

July 29, 2011  |  All Things Digital  |  No Comments

Something to consider while mulling the ongoing debt ceiling debate. Apple’s cash balance today exceeds that of the United States government . According to a Wednesday statement from the U.S. Treasury , the government has an operating cash balance of $73.8 billion, less than the $76.2 billion in cash and marketable securities Apple disclosed in its latest earnings report.

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Mr. President, Jobs Okayed the Loan but There’s Some Kind of Exclusivity Clause

July 29, 2011  |  All Things Digital  |  No Comments

Something to consider while mulling the ongoing debt ceiling debate. Apple’s cash balance today exceeds that of the United States government . According to a Wednesday statement from the U.S. Treasury , the government has an operating cash balance of $73.8 billion, less than the $76.2 billion in cash and marketable securities Apple disclosed in its latest earnings report.

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Viral Video: Airbnb’s Apartment Trashing Gets Taiwanesed (Of Course!)

July 29, 2011  |  All Things Digital  |  No Comments

Airbnb recently raised $112 million in funding , but it’s not getting off the hook quite yet for a recent incident in which a property listed on its site got trashed by renters. The incident was, no surprise, perfect for the folks over at Next Media Animation, the CGI news outfit from Taiwan. The online rental start-up has gotten a lot of flack for the high-profile story of a woman in San Francisco whose apartment she rented to someone using Airbnb was badly vandalized . Here is NMA’s version:

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Delta Partners With LivingSocial to Target Deals Based on Where You Fly

July 29, 2011  |  All Things Digital  |  No Comments

Delta Air Lines will be integrating LivingSocial offers on its site, so customers can see deals for tours, spas and restaurants based on their travel plans. The offers will appear in the “My Trips” section, which already displays offers for hotels, cars and other relevant services. Now instead of having to sign up for multiple emails based on your destinations, the same offers will be accessible through Delta.

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Sony inks Sky Deutschland pact

July 29, 2011  |  Variety  |  No Comments

TV News: Deal includes mobile, on-demand platforms -- "The Amazing Spider-Man" and "Men in Black 3" are among the top Sony titles that will air exclusively on Sky Deutschland as part of a new pay TV rights agreement inked by the German feevee operator and Sony Pictures Television.

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The Programming Insider: CBS Wins Thursday Overnights

July 29, 2011  |  Media Week  |  No Comments

In Today's Issue

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BSkyB, Atlantic form Colossus

July 29, 2011  |  Variety  |  No Comments

TV News: Disney, Discovery, MTV ink output deals -- LONDON -- U.K. paybox BSkyB is entering the local TV production market for what is believed to be the first time.

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Liveblogging the Yahoo-Alibaba Settlement Call: 100 Percent of Zero

July 29, 2011  |  All Things Digital  |  No Comments

As these companies are wont to do in the middle of the night, Yahoo, SoftBank and the Alibaba Group have reached an agreement in their nasty dispute around the Alipay payments unit and they are ready to talk about it. The issue has revolved around the spinning out of Alipay by Alibaba, without the approval of large stakeholders Yahoo and Japan’s SoftBank, which the pair felt was a big no-no. Much mishegas followed, but the trio has been hard at work on a settlement, which is here now. Of course, had the three companies cooperated in the first place ast joint owners and board members, this all would have been unnecessary. 5:48 am PT: The call starts without all kinds of regulatory info about what can and cannot be said, before being thrown to Yahoo SFO Tim Morse. One interesting wrinkle is that SoftBank’s Ron Fisher cannot speak at all due to some Japanese laws, which were unexplained. But, said Morse, he’s there to show his support. Go, Ron! Alibaba’s CFO is up first to talk about the deal over Alipay, which he stresses does not really make much money now or, as he says, is “marginally profitable.” Tsai walks through the facts that they have already outlined earlier today, including a variety of payments from Alipay to Alibaba, since — let’s be clear — it used to be part of Alibaba. But Alibaba said it did so in order to get critical regulatory approvals from the Chinese government, which caused all this mess. Morse now comes on, noting the whole mess really had “no direct impact” from a financial point of view on Yahoo or SoftBank. Well, shareholders of Yahoo might beg to differ, considering the huge hit the stock took due to the fight. But Morse is pleased the complex agreement has finally been reached — I am guessing it was not easy to negotiate among three different countries. 5:59 am: Time for Q&A! The first call is about more deets and also about the possibility of a liquidity event. Tsai underscores that there might not be one or there might be one

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Apple Doubling Down on Manufacturers for iPad 3?

July 29, 2011  |  All Things Digital  |  No Comments

Apple’s diversifying its supply chain in advance of some big fall product launches. Industry sources tell Taiwan Economic News that the company may soon tap Pegatron to manufacture the iPad 3, alongside longtime iOS device partner Foxconn. “Industry insiders believe that Pegatron has a good chance to win this [iPad] business, because of its integrated production network specifically for the production of tablet PCs,” the publication explains. “Already, the company has produced three or four different models of tablet PCs and e-book readers for several globally prominent customers, including Asus and Toshiba. Further, the increasingly close partnership that Pegatron has built up with Apple after a year of cooperation in the production of the iPhone`s CDMA edition will also encourage Apple to place orders with Pegatron for the iPad 3.” Not an entirely unexpected move as Apple had been rumored to be considering lining up additional manufacturing partners in the hopes of tempering the supply constraints that have plagued iPad launches in the past. As Apple COO Tim Cook said during the company’s recent earnings call , “We sold every iPad 2 we could make this quarter.

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