Archive for October, 2013

Katy Perry Debuts at No. 1 on the Album Chart

October 30, 2013  |  Variety  |  No Comments

Katy Perry claimed the No. 1 slot on the U.S. album chart this week with the biggest tally for a female artist to date this year. Pumped by the No. 1 single “Roar,” the California pop singer’s Capitol set “Prism” debuted at the top with out-of-the-box sales of 286,000 copies, according to Nielsen SoundScan data... Read more

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Twitter Faces $124 Million Lawsuit Over Private Share Sale

October 30, 2013  |  All Things Digital  |  No Comments

Two financial firms filed a $124 million lawsuit against Twitter on Wednesday, just days before the microblogging company is set to debut on the New York Stock Exchange. The firms, Precedo Capital Group and Continental Advisors, alleged that Twitter intentionally orchestrated a failed private sale of its shares in an attempt to increase investor interest before the company’s initial public offering. According to the suit, “Twitter’s intention was to induce Precedo Capital and Continental Advisors to create an artificial private market wherein Twitter could maintain that a private market existed at or about $19 per share for the Twitter stock,” the document states. That, in turn, would allow Twitter to set an artificial price floor for its IPO near the top of the $17-$20 price range it had set, giving the company a $10.9 billion valuation at most. “We’ve never had a relationship with these plaintiffs,” Jim Prosser, a Twitter spokesman, told AllThingsD . “Their claim is completely without merit.” The firms allege that Twitter was motivated by the problems around secondary market share sales that would eventually plague Facebook’s IPO, and sought to avoid an excess of shares hitting the market. To do this, the firms said, Twitter terminated an agreement it had with GSV Asset Management — an approved Twitter stock buyer — in which GSV was allowed to sell nearly $280 million in Twitter shares on the secondary market. Precedo Capital and Continental Advisors intended to purchase shares from GSV through that since terminated agreement, but now allege that Twitter never intended to allow the stock sales to occur. Read the lawsuit in its entirety below. View this document on Scribd

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NBC Rules the Broadcast Roost, But CBS Has the Most Hit Shows

October 30, 2013  |  Media Week  |  No Comments

With five weeks of ratings data on the books, NBC remains entrenched as the No. 1 broadcast network, while CBS can lay claim to the lion’s share of the top 20 shows. According to Nielsen live-plus-same-day data for the period spanning Sept. 24-Oct. 27, NBC is lapping the field with an average prime-time rating of 2.8 in the 18-49 demo, up one-tenth of a point versus the year-ago period. Boosted by the World Series, runner-up Fox is flat with a 2.3 rating, while CBS is down two-tenths of a point with a 2.1. Last-place ABC is down a tenth to a 2.0 rating. As was the case a year ago, NBC’s dominance is being fueled by Sunday Night Football, The Voice and the drama that leads out of the latter on Monday nights. The prime-time NFL showcase is the most-watched, highest-rated program on TV, averaging 21.7 million total viewers and an 8.4 in the dollar demo. Season-to-date, Sunday Night Football is up 3 percent in overall deliveries and flat in the demo. (If not for a brutal Oct. 27 Packers-Vikings game that delivered just 16.9 million viewers in head-to-head competition with Game 5 of the World Series, the SNF ratings likely would be up slightly.) CBS’ The Big Bang Theory is the No.

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With Samsung Win, Intel Has a Modem Chip for LTE Phones and Tablets

October 30, 2013  |  All Things Digital  |  No Comments

Chipmaker Intel today took the unusual step of letting the world know that it has a chip inside a new consumer product. It’s the Galaxy Tab 3 10.1 (That series of devices was reviewed by AllThingsD’s Bonnie Cha here ), and with its release in Asia and Europe, Intel says it marks the beginning of a new era in its frustrating history with chips for wireless phones and tablets. In the LTE wireless version of the tablet, there is an Intel XMM 7160 platform, and it is Intel’s first multi-mode wireless modem, capable of communicating with 2G, 3G and 4G wireless data networks. It sends a strong signal about Intel’s intentions on the wireless phone front in two ways. For one thing, it’s Intel’s first multi-mode chip. For another, it’s only the second such chip put out by anyone. Qualcomm was the first. Building a chip of this type is a difficult engineering challenge because there’s the issue of building a chip that can talk to whatever flavor of wireless network it happens to encounter, but then also the added challenge of giving it the ability to switch between those flavors on the fly without any interruption in service. You wouldn’t like a phone that drops a call just because you drove out of the range of a 4G network, and into the countryside, where only older networks may be present.

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NBC, Dick Clark Productions Team Up for ‘People Magazine Awards’

October 30, 2013  |  Variety  |  No Comments

NBC is teaming up with Dick Clark Productions to air “The People Magazine Awards” in late 2014. Show is described as a celebration and recognition of the year’s most influential and talked-about people in pop culture, celebrity and Hollywood that have fueled the country’s conversations. The newly-created awards include Biggest Phenomenon of 2014, year’s Most... Read more

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Argentina Supreme Court Obliges Clarin To Sell Off Many Cable Ops

October 30, 2013  |  Variety  |  No Comments

MADRID – Kirchner 1 – Clarin 0. Big media – Argentina’s Grupo Clarin – lost out to big government – the country’s interventionist President Cristina Fernandez de Kirchner – in an Argentine Supreme Court ruling Monday. The court’s decision upheld a controversial media law, originally passed in 2009 that, among four clauses contested by Clarin,... Read more

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Lyft CEO: 'Think of Every Dollar as the Last You'll Ever Get'

Lyft CEO: ‘Think of Every Dollar as the Last You’ll Ever Get’

October 30, 2013  |  Blog  |  No Comments

Assume that each funding dollar you receive will be the last you'll ever get. It’s a strategic mindset that seems antithetical to the way that most companies operate. “It doesn’t totally jive with the Silicon Valley mentality of ‘swing for the fences,’” Lyft CEO Logan Green told Inc.-- i.e. companies make goals based on the assumption more money will always be coming. He added that thinking beyond one round of funding creates artificial milestones you have to hit, which can be counterproductive. Today, Green runs his company with this philosophy. And Lyft, mobile on-demand ride-sharing company, has gained tangible momentum. The company,

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BlackBerry Racks Up 20 Million New BBM Users in a Week

October 30, 2013  |  All Things Digital  |  No Comments

After a bungled first launch , BlackBerry last week again began offering a cross-platform version of its BlackBerry Messenger service (BBM) to iPhone and Android users, and with some success it seems. BlackBerry said Tuesday that BBM for iOS and Android racked up 20 million new users during its debut week. Taken together with those that use the service on BlackBerry smartphones, the company says, BBM now has 80 million monthly active users. Impressive, though to be clear, anyone who downloaded the app and used it just once is de facto a monthly user under that metric. The real measure of success for the platform will be continued engagement. Still, not a bad initial showing for the app, and proof of BlackBerry executives’ claims of pent-up demand for BBM among iPhone and Android users. Sadly for BlackBerry, it’s not clear that pent-up demand is worth anything. The company hasn’t yet said how it proposes to make money from it. And from a market share standpoint, 80 million monthly active users leaves it a frail player in a cross-platform messaging market dominated by upstart juggernauts like WhatsApp and Line , which each boast hundreds of millions of monthly active users. Indeed, WhatsApp last week crossed the 350 million monthly active users milestone, having added 50 million since August . Can BBM compete with rivals like that? Perhaps. WhatsApp came out of nowhere to claim success — who’s to say BlackBerry’s cross-platform offering won’t garner similar traction? It’s starting out with an already established user base, and it does have things like security going for it. But with BlackBerry actively shopping itself to any established tech firm willing to eyeball it , and Fairfax Financial working to line up the funding for its proposed $4.7 billion buyout of the company, even apparent wins like racking up 20 million new BBM users in a week seem uncertain.

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Fullscreen’s Channel+ helps brands reach audiences like YouTubers do

Fullscreen’s Channel+ helps brands reach audiences like YouTubers do

October 30, 2013  |  Blog  |  No Comments

For brands questing to connect with viewers online, things may have just gotten a little bit easier, thanks to Fullscreen‘s Channel+, which is formally launching out of alpha status. Channel+ is an initiative that endeavors to help major brands engage with YouTube audiences using the same strategies that online content producers have refined over the years; it’s an initiative Fullscreen has been operating under the radar for the last two years, but is announcing properly today, while announcing additional services for its clients. By signing up with Fullscreen for Channel+, brands receive access to a dashboard measuring the real time success of

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Intel May Turn Over Its Web TV Project to Verizon

October 30, 2013  |  All Things Digital  |  No Comments

Shutterstock / Stokkete Intel’s efforts to break into the TV business may be coming to a close. Sources say the chipmaker is close to a deal to hand over control of Intel Media, the unit that has been trying to build a Web-based subscription TV service, to Verizon, the telco that already operates a pay TV service. People familiar with the talks say the two companies are in advanced negotiations. But it’s unclear whether Verizon would take control of the entire Intel Media unit, or if Intel would retain a piece of the Web TV project or a say in its operations. Intel and Verizon reps declined to comment. If Intel does end up getting out of TV, it will mark the end of an odd chapter in the company’s history. In January 2011, Intel hired Erik Huggers, the executive who had headed up Web video for the BBC, and Huggers began working on a plan to create an Intel-branded pay TV service, using an Intel-built set top box. That was a big departure for a company that doesn’t have a media background or sell anything directly to consumers. And lots of tech companies that do deal with media and consumers, from Apple to Google to Sony, have considered pay TV over the Web but have yet to figure it out. Still, by February of this year, Huggers was promising to deliver the service by the end of 2013 . Huggers eventually hired a team of 300 workers, built the box and created branding for the service, which was supposed to be called “ OnCue .” Thousands of Intel employees have been testing the service in their homes this year. But Intel was never able to secure the programming deals from TV networks it would need for a commercial launch. In July, new Intel CEO Brian Kraznich made cautious comments to reporters about Intel Media’s future.

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