Wednesday 7.3: News to Know
YouTube Is Vevo’s Latest Investor
YouTube is extending its content partnership with VEVO and is also making an investment in the music video company, according to Billboard. The investment, which Billboard and Financial Times had pegged in the $40-$50 billion range earlier this year, would give Google/YouTube a 7% stake in VEVO.
Video Ink http://bit.ly/12GJDWE
Hollywood Reporter http://bit.ly/120djm9
Venture Beat http://bit.ly/18uts7m
Deals & Signings
Yahoo! Buys Video App Qwiki
In its latest mobile deal, Yahoo on Wednesday announced acquiring Qwiki, the startup behind the iPhone app that automatically turns a user’s pictures, music and videos into slideshow videos. Terms of the transaction were not disclosed, but AllThingsD estimated the purchase price at $40 million to $50 million. The tech blog first reported on the rumored deal a few weeks ago.
Media Post http://bit.ly/18vCMrM
Venture Beat http://bit.ly/12ccmml
Netflix Gets More PBS Shows, Including Exclusive On Kids’ Show “Super Why!”
Netflix has expanded its licensing agreement with PBS and got exclusive streaming rights to The Bletchley Circle and Super Why!. Last week, Amazon also made a deal with PBS to add more shows to Prime Instant Video.
Streaming Video News
Apple TV May Get Live Channels From Time Warner Cable Next
The next video content service to appear on Apple’s set-top box Apple TV could be Time Warner Cable, according to a Bloomberg report that cites anonymous sources familiar with the talks.
Venture Beat http://bit.ly/10y2g2N
Hollywood Reporter http://bit.ly/12Ffabn
The Hulu Carousel Continues
In what should come as a surprise to absolutely nobody, the Hulu sales process has hit a potential hitch due to the demands being made by the video service’s current owners, Disney and News Corp.*
Video Ink http://bit.ly/18vGUb2
Video Ad Net YuMe Files for $65 Million IPO
Tremor Video’s underwhelming initial public offering last week hasn’t scared off rival video ad networks from courting Wall Street. One of Tremor’s longtime rivals YuMe filed for a $65 million IPO on Tuesday despite similarly shaky numbers.
YouTube Pro Series Kicks Off with Four Videos: Working with Advertisers
We talked about YouTube Pro Series before, a series helping those who are turning YouTube into their main source of income. Yesterday the program got off the ground with four videos all touching on advertising. Like, how do you get advertisers? Do they approach you or do you approach them? What do you do when they want you to change something in your show to suit them? How do you pitch them an idea? Just what in the world do you do when you’re mixing your content with their product or brand name?
YouTube, Spanish Content Industry Lobby in Intellectual Property Management Deal
Spanish content rights holders lobby EGEDA will manage all of its clients’ audiovisual content on YouTube under a deal unveiled on Tuesday. Both sides said the new deal would help better protect intellectual property rights in Spain, a country where an estimated 80 percent of digital downloads are obtained illegally.
Hollywood Reporter http://bit.ly/12EcKKm
The Haps With Apps
Startup Spotlight: TouchCast Changes Video Recording With an iPad
Nestled in Manhattan’s West Village, a small team led by Charley Miller, Erick Schonfeld, and Edo Segal have created an iPad app that they think will revolutionize how web video is created and experienced.
Video Ink http://bit.ly/10zt7LJ
Artsly is a YouTube-like learning app catering to females, from Pakistan’s first Euro VC-backed startup
Pakistan has the sixth largest population on the planet, with more than 180 million people, but the country startup scene is very much below profile. iKnowl, a company based in Karachi, is aiming to change that and today it announced the launch of its new service – Artsly — and revealed it has raised $175,000 from Europe-based investor Kima Ventures.
Digital Music News
Is Pandora Really Short-Changing Songwriters?
It’s been a rough week for Pandora, which is taking a beating from the likes of Pink Floyd and David Lowery of the band Cracker over how much — or, to hear the musicians say it, how little — it pays in royalties for the tunes you’re streaming.
7digital launches first music store for Firefox OS, just days after commercial handsets hit Spain
The 7digital Music Store is now available worldwide in the Firefox Marketplace, with a fully localized offering in Europe and North America. The service stocks 25 million tracks for users to browse, preview and purchase at anytime. It’s a similar service to iTunes, albeit a cross-platform one, with the focus on buying singles and albums on an individual basis, rather than an all-encompassing monthly subscription.
Polygon’s Human Angle Series Attracted Over 200K Video Views
When Polygon—Vox Media’s video game-focused property—was being conceived, its founders wanted the site to be more than just a destination for the latest surface-level gaming news. One gap Polygon wanted to fill was “long form journalism more about the people behind the video games and less about the technology and the pixels,” explained Russ Pitts, a co-founder of Polygon and its current features editor. Enter Human Angle, a 12-part series on the intersection of video games and everyday life that concluded last month. Internet Explorer sponsored Human Angle, which has roots in another series called Press Reset (also sponsored by IE), which the site produced around the launch of Polygon.
Stats to Start
PwC Predicts OTT Market to Double by 2017
From their “Global entertainment and media outlook 2013–2017” report, PwC predicts that growth in the over-the-top market will more than double in the next four years. Whereas OTT streaming content only accounted for 3% of the total entertainment market in both 2008 and 2008, PwC says it accounts for 7% this year and predicts it will rise to 16% by 2017.
Video Ink http://bit.ly/12GFQbR
How Social Media is Driving Massive Online Video Growth
Television is no longer the only game in town for distributing and watching video. The Internet and the social web have provided content creators and advertisers with a cost-effective way to distribute video.
Business Insider http://read.bi/10znayg
Gamers are More Engaged on YouTube Than Average Viewers
Gamers watch far more videos than the average YouTube viewer, and are one of the fastest growing segments its audience, according to data released by YouTube this week.
Opinions & Analysis
Creating and Sharing Videos That Are Not Too Long and Not Too Short
Very short videos are having their moment. Twitter’s Vine smartphone app, which shoots and posts clips of up to six seconds, has been a hit. And Instagram, the wildly popular photo-sharing app owned by Facebook, recently added shared video clips, which can last 15 seconds.Tags: 7digital, apple tv, Artsly, Charley Miller, Edo Segal, EGEDA, Erick Schonfeld, Firefox, google, Hulu, Human Angle, iKnowl, instagram, iPad, iPad app, Kima Ventures, Netflix, News2Know, OTT Market, Pandora, pbs, Polygon, PwC, Qwiki, social media, Spain, Super Why!, Time Warner Cable, TouchCast, TWC, Vevo, Vine, Vox Media, Yahoo!, youtube, YouTube gamers, YuMe