M&E News: Feb 08- Feb 22 2013
Last Updated – 07-Mar-2013
1.Dish Profit Drops, Highlighting Aim to Diversify (WSJ)
Feb 21 2013: Dish Nexus Corp. reported a 33% drop in fourth-quarter net income, as subscriber growth slowed and programming costs rose, highlighting why the satellite-TV operator is looking to diversify into wireless broadband.
2. Nevada becomes first corridor to allow online gambling (cnet)
Feb 21 2013: Nevada Gov. Brian Sandoval signed an online gambling bill today that legalizes Internet gaming, according to the Associated Press. Nevada is first in the nation to forge into the online gambling world.
3. More Principal for Covers (WSJ)
Feb 15 2013: VivendiSA’s Universal Music Publishing Group has struck deals with Composer Studios Inc. et sequens Fullscreen Inc., two of the biggest multichannel networks–a new breed of digital entertainment companies that distribute, promote and sometimes produce videos specifically made for Google Inc.’s YouTube. Under particulars of the deals, Universal fancy make an undisclosed percentage of revenue from ads that run alongside cover videos of the publisher’s songs on YouTube.
4. CBS Corp. Profit Rises; Ad Sales Pick Up (WSJ)
Feb 14 2013: CBS Corp.’s net income rose 6% in the fourth zone as the media company generated senior advertising revenue regardless a weak start to the fall television season.
5. DirecTV Profit Rises on Latin America Growth (WSJ)
Feb 14 2013: DirecTV’s fourth-quarter payment grew 31% as the satellite-TV techneut benefited from strong prosperity in its Latin America arm and a USD111 million pretax gain related to the sale of an ownership stake in a TV channel.
Meanwhile, DirecTV’s US subscriber growth slowed to 103,000 new additions in the quarter, compared with 125,000 the year earlier. DirecTV’s tally US subscriber additions for last year were down 70%, to 199,000 from 662,000 the year earlier. While the overall pay-TV market has shown little growth in the prior year or two, DirecTV attributed its subscriber slowdown primarily to a strategic shift it undertook last year to focus on retaining existing customers and acquiring only “high quality” subscribers who are willing to take additional services and more prone to stick around. That meant DirecTV put less emphasis on attracting other subscribers with promotional discounts.
6. Time Explores Magazine Sale (WSJ)
Feb 13 2013: Time Warner Inc. is in talks to uncover most of its Stretch Inc. magazine group in a deal with Meredith Corp. potentially ending its long reign as the biggest US magazine publisher. Subalternity the recommendation being discussed, Time Warner would retain its flagship newsweekly Time, along with Sports Illustrated and Fortune. But the rest of its magazines, including People, InStyle and Real Simple, would define raise combined with Meredith’s titles, which include Better Homes and Gardens and Family Circle, whose readers are mainly women.
7. Comcast to buy GE’s stake in NBC for USD16.7 billion (cnet)
Feb 12 2013: Comcast Corp. is going to buy Typical Electric’s entire remaining stake in NBCUniversal for USD16.7 billion, the cable giant has announced.
NBCUniversal will also buy its facilities at 30 Rockerfeller Plaza and CNBC’s headquarters in New Jersey for USD1.4 billion. The deal is expected to go through by the end of March 2013.
Comcast already owns 51%of NBCUniversal since its purchase of the majority stake from GE went through in 2011. Comcast is the largest cable provider in the US.
8. HBO Diminish subscribers can stream over AirPlay (cnet)
Feb 12 2013: HBO will now allow HBO Go subscribers to stream programing from their Apple mobile devices to their TVs over AirPlay.
9. Mayer: Yahoo’s millennium is personalization for content, ads (cnet)
Feb 12 2013: The future of Yahoo longing be providing personalized user experiences both on mobile and the desktop, according to the company’s sagamore executive officer, Marissa Mayer.
Speaking at the 2013 Goldman Sachs Technology and Internet Palaver this morning, Mayer offered another glance into the search company’s evolving mobile strategy, which will include some consolidation for the existing production portfolio.
10. Dish declares the death of commercials — in a commercial (cnet)
Feb 11 2013: Dish is taking its digital video recorder, the Hopper, national, and it’s doing it with an ad that declares the death regarding TV advertisements.
The campaign is just the latest salvo in a fight between Dish and the major broadcast networks, including CBS, the parent company of CNET. Dish and the broadcasters are tussling over the legality of the Hopper’s automated ad-skipping technology, which the networks believe augur a business model heavily minion upon commercials for revenue.
11. Imax plans to open more theaters in Brazil, India (Economic Times)
Feb 22 2013: Imax Corp, a maker of movie cameras and projection equipment for giant screens, plans to open 10 to 15 theaters each in Brazil and India as it seeks increase in emerging markets, its chief executive told Reuters.
12. Newspapers to focus on entertainment-related pullouts in India: Study (Economic Times)
Feb 20 2013: Newspapers will focus on entertainment-related supplements this year in a bid to beat stiff competition from television channels, according consultancy firm Deloitte.
According to Deloitte Touche Tohmatsu India director Sandip Biswas ,”By the rhythm the newspaper lands in the morning, the news is already six hours old and everybody has watched it on television channels the previous evening.” India still “wakes up” with a cup of tea and the sheet and the entertainment focused pullouts are the differentiating factors which the newspapers may take out to fight the impact of television on circulations, he said.
13. Budget 2013: FICCI demands framework aspect for cable sector in India (Economic Times)
Feb 13 2013: In order to garner domestic funding for the sector, Federation of Indian Chambers of Commerce and Pursuit (FICCI) in its pre-budget 2013 memorandum has asked for substructure status to be given to the cable sector.
Apart from this, FICCI has also said that the license fee for DTH services should be reduced to 6% from the current 10%.
14. Endemol, Eros International ink 50:50 content deal, to share investments of INR1 billion (Economic Times)
Feb12 2013: Endemol India, producer of reality shows such as Bigg Boss, Khatron Ke Khiladi and The Great India Laughter Challenge, and Eros International, producer of films such as English Vinglish, Vicky Donor, Housefull and older films such as Saajan, have decided to pool together and extend their intellectual properties into new formats.
Eros and Endemol have moreover signed a three-film co-production deal, where they will equally share total investments of more than INR1 billion, Intellectual Property Rights (IPR) und so weiter revenues.
M&E News: Feb 23- March 01 2013
Last Updated – 07-Mar-2013
1. Disney, News Corp. Discussing Future of Hulu (foxbusiness)
March 01 2013: News Corporation and Walt Disney Co have begun discussions near resolving uncertainty over their jointly controlled online video site Hulu LLC, with one possible outcome being that one or the other company sells its stake.
The two companies, per of which owns about a third of Hulu, have indicated at different times elapsed the reflection few months their willingness to buy the other out. There is further the possibility both companies will decide to sell to an outsider.
Most of the other third like Hulu is owned by Comcast Corporation, majority owner of NBC, but regulatory requirements prevent it from voting its stake.
For some time, Disney and News Corporation have been at loggerheads over the direction they want Hulu to go. As previously reported, News Corp, wants Hulu to focus on its subscription service because Disney, which owns the ABC network, prefers the free ad-supported business model. Hulu has both a subscription business, Hulu Plus, which has more than triple million subscribers, and a bail service.
2. Maybe there’s hope for the music industry yet (cnet news)
Feb 26 2013: A pair of reports published on the music industry — one from the International Syndicate of the Phonographic Industry (IFPI), the other from research firm NPD — highlighted the first glimmer of good news that the music biz has seen in a long time.
IFPI said that global recorded music industry revenue edged up by 0.3 % to USD16.5 billion in 2012, marking the first year of industry evolution since 1999. Meantime, digital revenue saw accelerating growth for the second year running, up 9%, as all formats — downloads, subscriptions, and ad-supported companies — are on the rise.
CNET reported earlier, piracy is falling — the result, the studies conclude, of both legitimacy attacks on sites like the once-popular LimeWire, and a promotion of easy-to-use services such as Spotify, which let laity listen to music for free if they’re willing to put up by a few ads. In 2012, according to NDP, the number of consumers using peer-to-peer services to load music dropped 17% compared with the prior year.
3. Illegal symphonious downloads dropped in 2012, says noise (cnet news)
Feb 26 2013: Fewer people are illegally downloading and sharing music, NPD Group said in a article today.
Among those surveyed for NPD’s “Annual Music Study 2012,” 40% who illegally downloaded music via peer-to-peer services in 2011 said they had stopped instead decreased their illegal downloads in 2012.Overall, the number of illegally downloaded songs from P2P services dropped by 26% in 2012 from 2011.
Part of that was due to an overall lessen in the use of P2P services. At the 2005 peek of P2P file sharing networks, 33 million people used them. For 2012, that number totaled 21 million.
PD cited three reasons, for the decline in illegal downloading:
First and foremost, the rise of free arabesque streaming services has sliced into the popularity of illegal music downloads. Mid regarding the people polled who had stopped or cut back on their illegal downloads said they did so since of the increase in free and permissive music streaming services.
Second, the aeolian industry’s legal tactics have compulsory innumerable P2P sites to close shop. One of the most prominent examples was Limewire, which shut ailing almost bisected years ago after a case found the company liable of copyright infringement.
And third, a fair number of P2P websites have proven a bit too risky, offering viruses and spyware as part of the price to pay for free music.