48Comms

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Leslie Moonves: No Viacom Talks as CBS Keeps Focus on Content, Digital and International

Despite rampant speculation, CBS Corp. chief Leslie Moonves made it clear Thursday that the Eye is not in active discussions to reunite with Viacom, …

Dish’s Sling TV Launches Multi-Stream Plan Stocked With Fox Nets, but Without ESPN

Sling TV, Dish Network’s Internet pay-TV service, launched a service to let users watch up to three streams at the same time — with a slew of sports, …

Top Theater Exec on Why China's Hollywood Money Is Good for World Peace

Ahead of the annual CinemaCon convention (and previews of 'Captain America: Civil War'), AMC Entertainment CEO Adam Aron has a message for his peers: …

37 of Summer's Most Anticipated Movies

Grab your popcorn for superhero tentpoles, raunchy comedies, animated animal tales and buzzy Oscar contenders.

Seth Meyers Stars In “Unprecedented” NBCU Sales Effort For Chrysler And ‘Pets’

You might think of Seth Meyers as the host of NBC’s <i>Late Night</i>. But the company also sees him as a slugger on the bench of celebrities it lends to …

Alaska Air Sees Virgin America as Key to West Coast

In agreeing to buy Virgin America for $2.6 billion, Alaska Air Group is betting that the airline industry is so consolidated after years of mergers that what it needs is another takeover.<p>The acquisition of Virgin America, the sleek but embattled young airline that sought to make flying across the …

Virgin America

Microsoft's Xbox is going to be a lot more like a PC — here's why

Instead of thinking of the Xbox as a hardware business, Microsoft is starting to think of it as a service— a kind of glue that enables gaming on any platform you'd like, much like how Microsoft Office is now a service across all the devices you own.<p>That means that many of the Xbox's best features, …

Strange sensations: HTC’s brave new virtual world

The first thing I notice is a feeling of weight on my face. Followed by a sensation of standing in boundless space. A monochrome 360-degree vanishing-point vista winks into view. I look around, blinking into the far distance and very quickly my adjusting eyes fill with grit… Welcome to the weird …

Yahoo Says It May Write Down All of Tumblr’s Remaining Value

Yahoo CEO Marissa Mayer’s $1.1 billion deal for Tumblr may end up being a bigger bust than most people thought.<p>The Internet company disclosed in an …

Advertising

Jay Z’s Tidal Just Fired Its COO and CFO

Jay Z’s streaming music service Tidal has just fired its CFO Chris Hart and COO Nils Juell, according to European news reports. The layoffs come at a …

Cord-Cutting Continues: Don’t Believe the Early Q4 Hype

Early in this quarter’s earnings season, some industry watchers questioned the cord-cutting narrative. But despite signs of a turnaround due to …

Oprah Loses $27 Million in Weight Watchers Stock Plunge

Oprah Winfrey lost a small fortune as Weight Watchers stock plummeted Friday. CNN Money reports that shares of Weight Watchers (WTW) dipped 30% on …

Samsung Looking to Buy Jay-Z’s Tidal Music Service: Report

Samsung is reportedly taking a second look at Tidal, the music streaming service owned by Jay-Z. The Korean electronics giant has restarted …

Urban Culture

Tablets Are Dead

In 2010, tablets were supposed to be the new hot thing. Apple released the first iPad, Samsung was working on the Galaxy Tab and countless others were about to flood the market with Android tablets. Six years later, there weren’t any tablets at Mobile World Congress in Barcelona. Companies and …

Fitbit is crashing

(Business Insider)<br>Fitbit shares dropped by as much as 20% in trading on Tuesday after the company reported quarterly results.<p>The earnings release …

MindMaze Raises $100 Million At A $1 Billion Valuation For 'Neural Virtual Reality'

Swiss virtual reality startup MindMaze announced it has raised ridiculous early round of $100 million at a $1 billion valuation.<p>The lead investor is multinational conglomerate Hinduja Group, which holds interests in energy, automobiles, energy and healthcare. (No other investors are being publicly …

Virtual Reality

Academy Sues Over Oscars Gift Bag

<i>Oscar statue during preparations for the 2015 ceremony (Photo: Matt Sayles/Invision/AP)</i><p>By Eriq Gardner, <i>The Hollywood Reporter</i><p>See any stories of late …

Surprise! Paramount to Profit From HBO's 'Vinyl'

Martin Scorsese wanted a TV show, not a movie, so a quiet pact for the small-screen version of his planned '70s rock 'n' roll saga gave Paramount a …

Delivery Costs Are Devouring Food Startups

Benzi Ronen Contributor<p>Benzi Ronen is the founder and CEO of Farmigo.<p>More posts by this contributor:<p>Starting the food crisis conversation<p>Food tech is big these days — Grubhub, Blue Apron, Instacart — but pretty web design and polished communication strategies aren’t enough to build a sustainable …

Agriculture

Yahoo shutting down various content verticals

Yahoo is dropping the ax on various content verticals including Food, Travel and potentially Tech.<p>"On our recent earnings call, Yahoo outlined out a …

Apple co-founder Steve Wozniak's Comic Con pitch

SAN FRANCISCO — Talking to Steve Wozniak should be a sanctioned sport. Keep up if you can.<p>In a span of seconds, you’ll hear about his preference for low-cost lodging (he's partial to Motel 8 due to its free WiFi), frustration with his slow at-home broadband (which monkeys with his beloved <i>Big Bang</i> …

Silicon Valley

Star Wars Proves It's No Savior For Disney, Electronic Arts

There is no question that <i>Star Wars</i> has been a cash cow. Not just for Disney, but for the companies making <i>Star Wars</i> toys and games.<p>At the box office alone, <i>Star Wars</i> has raked in $2 billion worldwide, making it only the third movie in history to do so. In the U.S., toy sales grew by almost 7% last …

Star Wars Battlefront

Box Office Billionaire: How Legendary's Thomas Tull Used Comics, China And A Secret Formula To Remake Hollywood

While most of the country ground to a halt around Christmas, Thomas Tull, the billionaire founder of Legendary Entertainment, had never been busier. Or more stressed. He was smack in the middle of a deal to sell his studio to China’s richest man, Wang Jianlin, and his Dalian Wanda Group. But …

Blockbusters

Netflix's Global Push Means Big Spending in Small Countries

The streaming giant has budgeted an estimated $1.2 billion for original productions this year, with a quarter of that expected to be spent on titles …

Fox Marks Down Its DraftKings Investment By 60 Percent

Twenty-First Century Fox, which invested $160M in DraftKings over the summer, has written down the investment by about 60 percent, according to its 10-Q filed today.<p>Specifically, Fox noted that “based on information concerning DraftKings’ current valuation in a recent financing transaction, the …

Why it matters if Airbnb paid Beyoncé for that Facebook plug

Airbnb appears to have won a big fan: Beyoncé.<p>Queen Bey even gave the vacation rental site a boost on Facebook the day after performing at the Super Bowl. "It was a Super weekend Airbnb," she wrote, tagging the tech company alongside a picture of her presumably enjoying what TMZ reported to be …

Advertising

Health And Fitness Data Is Useless

Data is hot right now. We generate tons of it, but most of it sits there, latent, unused and useless. This is particularly pronounced when it comes to health and fitness data, where we strap on our fitness trackers and expect the pounds to melt away with each step passively logged.<p>But we haven’t …

Instagram Finally Makes It Easy To Use Multiple Accounts

Starting this week, Instagram enables a feature to allow users of the ubiquitous photo sharing app to switch between multiple accounts. This will, no doubt, make heavy users and Social Media Managers alike, rejoice.<p>Up to five accounts can be added and switching between them will not require logout, …

Brand Marketing