Netflix is really growing quickly and is starting to challenge traditional pay cable channels for subscribers. One of the most popular original shows on Netflix is House of Cards. Recently we learned that the people behind House of Cards shopped the show to HBO and other networks before settling on Netflix.
Two major sources for technology that organizes and mades sense of your media have, this week, combined into a single entity. What’s happening here is a transaction between Tribune Company and Sony Corporation of America in which the former will acquire “the global leader in music technology and metadata” from the latter: Gracenote. This data will be added to Tribune Media Services, making this one entity into “one of the largest entertainment metadata companies in the world.”
With its Nov. 15 IPO less than a month away, Twitter recently explained its latest revenue model additions. They include lead generation, traffic conversion and TV targeting. Having been in business since 2006 but yet to show a profit in any year since, Twitter is under pressure from the investing community to show why its IPO is worth $1 billion.
Speaking on stage first this week at NVIDIA's Montreal gaming event series was Tony Tamasi - SVP of Content and Technology, letting it be known that this week's content would work with Game Platforms, Game Works, and Game Technology. He went so far as to suggest that three new technologies (at least) would be revealed this week, making the case first and foremost on the importance of PC gaming. Using a variety of sources - Riot Games, Sports Business Journal, Wedbush Securities, and Nielsen, a few numbers were spilled - perhaps the most boggling being the idea that the number of PC gamers in the world is currently double that of the entire population of the United States.
AMC's Breaking Bad finale pulled in 10.3m viewers on Sunday evening, with the five seasons coming to a close with the network's second highest ratings of the year. The show, which followed anti-hero and terminally ill Walter White over the course of sixty-two episodes as he turned to crime in order to provide for his family, saw a 3.7m surge from the penultimate episode, Nielsen says.
Many people have been cutting their cable thanks to streaming services like Netflix, Hulu, and Amazon Prime Instant Video, but the reason many people are still glued to their cable subscription is that live sports are hard to find on anything other than cable, but that may change slightly, as cable providers are looking into cutting sports from their lineup in order to provide lower monthly cable bills.
It's been made official - Jay-Z's move with the album Magna Carta Holy Grail and a total of 1 million "free" downloads has pushed the RIAA to update their rules on Gold and Platinum records. Mentioning specifically the Magna Carta album and the Samsung deal made with the artist, the RIAA has made it clear: "a common sense update" is in order. The 2004 "Digital Single Award" will be updated to reflect the "wild wild west" of modern times.
Google says that the fight between television and YouTube is over, and they say that the internet video streaming service has won indefinitely. During a recent presentation to advertisers, Google Chairman Eric Schmidt said that the outcome of whether or not YouTube will overtake television has "already happened."
The number of cord-cutters is on the rise, folks. With the popularity of streaming services mixed with free over-the-air stations, consumers are seeing less of a need to go with a cable subscription. In fact, the number of households that don't have cable subscriptions has jumped to five million, compared to two million in 2007.
Twitter has announced that it acquired Bluefin Labs, a social TV analytics company, a move taking it further into the world of television. Twitter has shown interest in television for years, with people using it as a way to interact with televised events using hashtags. According to the social network, the acquisition will aid in both ad product innovation and the creation of social TV consumer experiences.