Tag - NBC Universal
Lovefilm has signed a multi-year agreement with NBC Universal to stream Universal Pictures films to its Lovefilm Instant users. The addition of Universal extends the roster of films that currently includes movies from Disney, Sony Pictures, Warner Bros, Entertainment One, and Studio Canal. The streaming agreement would help the Amazon-owned movie rental company fight off Netflix, which launched in the UK in January.
Earlier rumors of Hulu going back on its decision to sell itself off are proving true, two sources have told SAI. The bids, while they are still rolling in, aren't as high as initially hoped. Hulu's parent companies are reportedly looking for $2 billion for the online service.
Comcast has announced that it has hired Meredith Attwell Baker, an FCC Commissioner. The Republican Commissioner will join the cable provider as Senior Vice President of Government Affairs for NBC Universal, a leadership position in the company's Washington DC-based lobbying division. The move has raised eyebrows, considering the Commissioners recent role in approving Comcast's acquisition of NBC Universal.
Regulators are reportedly considering the deeper implications of Comcast's proposed buyout of NBC Universal. Although any conditions placed on the deal may only have an immediate effect on Comcast and NBC, such terms are expected to serve as a potential basis for new regulations that could be applied to the entire industry, according to an Associated Press report.
NBC Universal chief Jeff Zucker asserted at hearings today that Hulu, not NBC, was responsible for blocking Boxee from accessing its videos. When questioned about the move in justifying the Comcast NBC merger, Zucker said Hulu executives made the decision themselves since Boxee was "illegally" taking content from the streaming TV site without having agreed to a deal. Outside deals are acceptable with formal terms, he said.
Hulu won't undergo a shakeup following the Comcast buyout of NBC, the cable provider said during a conference call to discuss the merger. Comcast chief operating officer Stephen Burke called Hulu's existing business model "smart and appropriate" and said there weren't any plans to change the way the streaming video site works. He points out that the split already works in Comcast's favor, as much of Hulu's content comes from basic cable and leaves out the premium channels that Comcast would want to reserve for On Demand Online.
Comcast today confirmed late rumors and bought a 51 percent stake in NBC Universal that gives it control of the studio. The deal sees GE maintain a 49 percent stake and receive about $6.5 billion from Comcast; NBC Universal in turn is borrowing $9.1 billion to pay GE. While the new combined company doesn't yet have a name, but Comcast has created a second division known as the Comcast Entertainment Group that will handle the content aspects of the venture.
Comcast and General Electric have allegedly finalized a deal that will land Comcast a 51 percent majority stake in NBC Universal, unnamed sources told CNBC. The sources claim only paperwork remains to be finished as the companies prepare to officially announce the merger. Vivendi is expected to quickly finish signing an agreement to sell its stake, which sits at 20 percent.
The free online video-on-demand (VOD) service, Hulu, may be expanding for the first time to a market outside of the US, with a launch in the UK as soon as September, the UK's Telegraph reported on Wednesday. Sources close to the negotiations tell the daily newspaper that Hulu is in talks with the UK's ITV and Channel 4 for content partners, and the service would bring over more than 3,000 hours of American TV content. Content from the BBC is also being negotiated.
Disney this morning said it has obtained an equity stake in Hulu. The deal, which puts three Disney executives on the Hulu board, gives the studio equal influence along with original founders NBC Universal and News Corp. (Fox) in addition to the ability to publish content on the streaming web video service. Most of its initial lineup will center on current and back-catalog TV shows from ABC and Disney, such as Lost and Dancing with the Stars, but should also include "popular library titles" from Walt Disney Studios.
Now AAPL Stock: 153.61 ( -0.26 )
Cirrus creates Lightning-headphone dev kit
Apple supplier Cirrus Logic has introduced a MFi-compliant new development kit for companies interested in using Cirrus' chips to create Lightning-based headphones, which -- regardless of whether rumors about Apple dropping the analog headphone jack in its iPhone this fall -- can offer advantages to music-loving iOS device users. The kit mentions some of the advantages of an all-digital headset or headphone connector, including higher-bitrate support, a more customizable experience, and support for power and data transfer into headphone hardware. Several companies already make Lightning headphones, and Apple has supported the concept since June 2014. http://bit.ly/29giiZj
Apple Store app offers Procreate Pocket
The Apple Store app for iPhone, which periodically rewards users with free app gifts, is now offering the iPhone "Pocket" version of drawing app Procreate for those who have the free Apple Store app until July 28. Users who have redeemed the offer by navigating to the "Stores" tab of the app and swiping past the "iPhone Upgrade Program" banner to the "Procreate" banner have noted that only the limited Pocket (iPhone) version of the app is available free, even if the Apple Store app is installed and the offer redeemed on an iPad. The Pocket version currently sells for $3 on the iOS App Store. [32.4MB]
Porsche adds CarPlay to 2017 Panamera
Porsche has added a fifth model of vehicle to its CarPlay-supported lineup, announcing that the 2017 Panamera -- which will arrive in the US in January -- will include Apple's infotainment technology, and be seen on a giant 12.3-inch touchscreen as part of an all-new Porsche Communication Management system. The luxury sedan starts at $99,900 for the 4S model, and scales up to the Panamera Turbo, which sells for $146,900. Other vehicles that currently support CarPlay include the 2016 911 and the 2017 models of Macan, 718 Boxster, and 718 Cayman. The company did not mention support for Google's corresponding Android Auto in its announcement. http://bit.ly/295ZQ94
Apple employees testing wheelchair features
New features included in the forthcoming watchOS 3 are being tested by Apple retail store employees, including a new activity-tracking feature that has been designed with wheelchair users in mind. The move is slightly unusual in that, while retail employees have previously been used to test pre-release versions of OS X and iOS, this marks the first time they've been included in the otherwise developer-only watchOS betas. The company is said to have gone to great lengths to modify the activity tracker for wheelchair users, including changing the "time to stand" notification to "time to roll" and including two wheelchair-centric workout apps. http://bit.ly/2955JDa
SanDisk reveals two 256GB microSDXC cards
SanDisk has introduced two 256GB microSDXC cards. Arriving in August for $150, the Ultra microSDXC UHS-I Premium Edition card offers transfer speeds of up to 95MB/s for reading data. The Extreme microSDXC UHS-I card can read at a fast 100MB/s and write at up to 90MB/s, and will be shipping sometime in the fourth quarter for $200. http://bit.ly/294Q1If
Apple's third-quarter results due July 26
Apple has advised it will be issuing its third-quarter results on July 26, with a conference call to answer investor and analyst queries about the earnings set to take place later that day. The stream of the call will go live at 2pm PT (5pm ET) via Apple's investor site, with the results themselves expected to be released roughly 30 minutes before the call commences. Apple's guidance for the quarter put revenue at between $41 billion and $43 billion. http://apple.co/1oi1Pbm
Twitter stickers slowly roll out to users
Twitter has introduced "stickers," allowing users to add extra graphical elements to their photos before uploading them to the micro-blogging service. A library of hundreds of accessories, props, and emoji will be available to use as stickers, which can be resized, rotated, and placed anywhere on the photograph. Images with stickers will also become searchable with viewers able to select a sticker to see how others use the same graphic in their own posts. Twitter advises stickers will be rolling out to users over the next few weeks, and will work on both the mobile apps and through the browser. http://bit.ly/29bbwUE