video killed the _____ star
Posted by Sheila Shayon on August 11, 2014 11:33 AM
Notoriously passive aggressive Netflix CEO Reed Hastings took to Facebook last week to announce the streaming network's latest milestone: with $1.146 billion in subscriber revenue, Netflix has officially passed HBO.
"They still kick our ass in profits and Emmy's, but we are making progress. HBO rocks, and we are honored to be in the same league," Hastings wrote.
The streaming king can attribute its most recent success to the brand's wildly successful original series, including "House of Cards" and "Orange Is the New Black," the most-watched show ever. The network also recently announced a new season of "Arrested Development," as well as five new series based on Marvel characters, a comedy special, docu-series and talk show starring Chelsea Handler, and the debut of the brand's first adult cartoon later this month.
The major investment in more shows makes sense, as nearly three-quarters of titles viewed by Netflix subscribers are TV series. But while Netflix may finally be making significant gains against HBO, its main competitor, Amazon's Prime Instant Video, is growing at a more rapid pace.Continue reading...
Posted by Dale Buss on August 7, 2014 09:28 AM
Google rewards encrypted sites in search as it joins forces with Barnes & Noble to take on Amazon same-day delivery, now expanding to six more cities. Amazon, meanwhile, found to play favorites with brands in new L2 omnichannel retail report.
Bank of America nears $16 billion to $17 billion settlement with US Justice Department on pre-crash mortgage misconduct.
Deutsche Telekom rejects Iliad bid in the wake of failed Sprint/T-Mobile deal.
Budweiser hypes Bud Light Party Town content campaign with Whatever, USA news reports with The Onion.
Chrysler CEO Sergio Marchionne takes shot at robust supplier profitability as company taps comedians for Dodge Dart campaign.Continue reading...
Posted by Dale Buss on August 5, 2014 09:16 AM
Gannett buys out Cars.com for $1.8 billion and separates broadcasting and publishing businesses via latest US media spinoff.
Rupert Murdoch's 21st Century Fox withdraws bid for Time Warner.
Walgreens reportedly capitulates to critics and will remain US-based following $16 billion merger with Alliance Boots.
Xiaomi passes Samsung as China's top smartphone maker.
Vitaminwater struggles over use of stevia as Coca-Cola shifts formulas.
Samsung takes stance on child labor as it takes golf fans behind the tournament.
MORE BRAND NEWS
adidas boosts marketing spending especially in the west.
Aflac invents the downward duck:Continue reading...
Posted by Dale Buss on August 4, 2014 09:22 AM
GM looks for alternative supplies in China after deadly factory blast.
Target taps PepsiCo exec Brian Cornell for CEO role.
eHarmony wants to find the perfect job match for you too.
Jeep comes under fire in WSJ investigation into recalled vehicles.
McDonald’s plans to restore full menu in China this week.
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5-Hour Energy hits back at scientist’s claims that it is ineffective.
Acura looks to all-wheel drive to help recoup sales.
Aereo sees court nix request for “emergency” authorization to resume service.
Air New Zealand shares its social insights:Continue reading...
Posted by Shirley Brady on July 4, 2014 10:48 AM
BBC veteran family entertainer Rolf Harris jailed for sexually abusing minors as News Corp. sees former News of the World editor sentenced in phone hacking trial.
Apple poaches Tag Heuer sales exec ahead of iWatch launch.
Moshi Monsters launches walled garden social network for kids called Popjam.
YouTube does U-turn over blocking independent music labels.
US privacy watchdog files FTC complaint over Facebook psychological research.
MORE BRAND NEWS:
Amazon gets caught up in EU tax crackdown.
Berkeley, CA, readies America’s first soda tax.
Bitcoin faces backlash as EU tells banks to steer clear.
Bonobos lands $55 million in backing to open brick and mortar stores.
Canada’s CRTC receives deluge of complaints following anti-spam law.Continue reading...
Posted by Shirley Brady on June 19, 2014 08:52 AM
Harley-Davidson unveils first electric motorcycle with Project LiveWire experience tour of America's fabled Route 66.
T-Mobile is offering free music streaming via Rhapsody, Spotify and Pandora, and loaner iPhones for a week to test its network.
Lego mixes bricks with clicks for Lego Fusion.
American Apparel ousts controversial CEO Dov Charney.
Yo one-word messaging app, designed in eight hours, raises $1 million in funding.
MORE BRAND NEWS
AMC’s The Walking Dead producer accuses Game of Thrones network HBO of promoting piracy.
Bridgestone signs on as top Olympic sponsor.
Feed the Children has a new logo.
Google touts search ads for lifting brand awareness.
Haggar bets on vintage fashion to revitalize brand.Continue reading...
Posted by Sheila Shayon on June 9, 2014 04:17 PM
As the opening bell of the New York Stock Exchange rang this morning, 91-year-old publishing juggernaut Time Inc. officially made its public debut after a contentious and lengthy spin-off process from corporate parent, Time Warner Inc., which may be looking to get younger and hipper by buying a piece of a younger media empire: VICE.
In what will be a very public test of the print industry in a world overtaken by digital players like Vox and BuzzFeed, Time Inc. is now the only publicly-traded company in the US with just magazines in its portfolio, adding pressure to the digitally-challenged publisher who will now rely solely on its media brands including TIME, Sports Illustrated and People for its future fortunes.
The media company, renowned for an impressive empire that includes more than 70 overseas and 23 domestic magazines, has for the last decade seen revenues fall by 34 percent and cut its operating profit by 59 percent. Overall magazine circulation has dropped 1.4 percent in the second half of 2013 compared to the second half of 2012, according to Audited Media, with paid subscriptions, which account for 90 percent of total circulation, falling flat in the same period.Continue reading...
sports in the spotlight
Posted by Mark J. Miller on June 9, 2014 11:02 AM
The 2014 World Cup hasn't even gotten underway yet, but major sponsors of the event are already criticizing FIFA for its pick for the 2022 tournament host nation: Qatar.
The selection of Qatar in December of 2010 immediately raised major concerns for a number of factors, including the punishing heat that the country suffers through during the traditional World Cup months of June and July; the country’s poor human-rights track record; the fact that Qatar doesn’t have much of a history with soccer; and that all of the stadiums for the event needed to be constructed (and will be white elephants after), among other issues that comedian John Oliver can explain for you.
Besides former US President Bill Clinton's total disappointment with the decision to skip the US and head to Qatar, investigators have now revealed that there were likely millions of dollars in bribes exchanged in order for Qatar to win the bid, The Guardian reports. The country has also come under fire for supposedly using "slaves" to help build the needed infrastructure for the event.
On top of everything else, the news of the illegal transactions now has official sponsors including adidas, Sony, Coca-Cola and Visa concerned about their association with the event. "Our expectation remains that all of our partners maintain strong ethical standards and operate with transparency,” Visa said, according to Associated Press.Continue reading...