M+E News Headlines

 

NBC’s $500 Million Stake Boosts Snap Content Play (USA Today)

NBCUniversal has snapped up a $500 million stake in the tech industry’s latest social media darling. NBCUniversal's investment in Snap Inc., as part of its IPO Thursday, not only... More

Dolby Mulls Broadcast-Training Plans for Atmos/AC-4 (SVG)

With the proliferation of the Atmos object-based audio system across cinema and other markets, Dolby has been discussing establishing training protocols for the format. Although th... More

Nielsen: Millennials are a Distracted Audience (Advanced Television)

Millennials – now the largest generational group in the US – have grown alongside advancements in technology and media platforms, placing them in intriguing territory with rega... More

Fox Sports Ready to Tip-Off More VR (MCN)

Fox Sports is teaming with LiveLike to deliver a virtual reality (VR) experience and coverage of the multi-day Big East men’s basketball tournament starting March 9. The offer... More

Inside Facebook’s Pitch for Entertainment Content (Digiday)

Facebook is working on a feature that would spotlight original shows and other exclusive long-form content on its mobile and TV apps. The feature, described as a “spotlight mo... More

Snapchat’s 42 Million NFL Viewers Were Big Part in IPO Path (AdAge)

Snapchat has revealed how big its NFL audience is for the first time since solidifying its extensive partnership with the league, which drew 42 million unique U.S. viewers last sea... More

Spotify Hits 50 Million Paid Subscribers, Lifting Music Industry (Bloomberg)

Spotify has surpassed 50 million subscribers, extending its lead over rivals Apple Music, SoundCloud and Google as the world’s largest paid music streaming service. The service, ... More

Cognizant Acquires Japan’s Brilliant Service (NDTV)

Cognizant today said it has acquired Japanese company Brilliant Service Co for an undisclosed amount. Headquartered in Osaka, Brilliant is a products and solutions company that spe... More

Is Snapchat a Media Company? Even Hollywood Can’t Decide (L.A. Times)

For its recent film “Fifty Shades Darker,” Universal Pictures created a feature on Snapchat that enabled users to put digital masquerade masks on their selfies — a reference ... More

Twitter to Live-Stream 1,500 Hours of eSports in 2017 Under ESL, DreamHack Pacts (Variety)

Twitter is going into eSports with guns blazing: The social network says it will live-stream 1,500 hours of competitive-gaming events this year under deals with ESL and DreamHack. ... More

Amazon Creates Bollywood Movie Channel for Prime Subscribers (Bloomberg)

Amazon.com Inc. is creating a paid video channel called Heera for fans of Indian movies, shows and kids’ programming, the latest addition to the online retailer’s growing crop ... More

​Unlocking Media Riches in eSports (L.A. Biz)

E-sports might appear confusing and tumultuous to newcomers, but investors’ rationale is straightforward: No one is yet making as much money as they could be on professional vide... More

YouTube TV Launch Marks Key Point for Pay TV (B&C)

With Google having thrown its hat into the linear streaming ring with its YouTube TV service, analyst Craig Moffett of MoffettNathanson Research figures it’s time to take stock o... More

Spotify is Preparing to Launch a Hi-Fi Music Tier (The Verge)

Spotify is preparing to launch a lossless audio version of its streaming service, according to multiple sources. The offering, which is currently called Spotify Hi-Fi, will offer l... More

Netflix Optimizes Delivery Quality as it Bolsters Euro Content (Rapid TV News)

Days after CEO Reed Hastings’s speech at Mobile World Congress pointed out the direction of the subscription video-on-demand (SVOD) provider, Netflix has revealed its push into m... More

The Case for Digital Reinvention (McKinsey)

As digitization penetrates more fully, it will dampen revenue and profit growth for some, particularly the bottom quartile of companies, according to our research, while the top qu... More

Marketers are Still Into Facebook Live (Digiday)

Publishers may increasingly be questioning the viability of Facebook Live, but it’s a different story on the marketing side. Several brands and marketers interviewed for this sto... More

Avanade Acquires Infusion, Strengthening its Digital Transformation Capabilities, Leadership in Microsoft Services (MESA)

Avanade has acquired Infusion, a global software engineering, design and digital strategy firm that delivers digital business transformation for the enterprise with strong Microsof... More

Wazee Digital Now Featuring New 4K Content from Skyward Kick Productions (MESA)

Wazee Digital today announced that new HD and 4K content is available for licensing through its Wazee Digital Commerce portal from Ottawa, Ontario-based Skyward Kick Productions. S... More

Feldman Named President of Worldwide Home Entertainment at Fox (HMM)

Twentieth Century Fox has promoted Keith Feldman to president of worldwide home entertainment. In his new role, Feldman will shape the distribution and marketing footprint for the ... More

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