Diberdayakan oleh Blogger.

Popular Posts Today

Golden age for Netflix, Amazon

Written By Unknown on Sabtu, 13 Desember 2014 | 00.32

The 72nd Golden Globe Awards may be a month away, but the winners and losers have already been selected.

Winners: Amazon and Netflix. Losers: Cable companies.

The fact that two online streaming services have received such resounding acclaim should put an end to any argument that the networks and cable have the market cornered on the art of acting, writing and directing.

Once just a way to access network shows on-demand, streaming services can now produce award-winning content themselves. An unintended consequence: television sales could dip in favor of tablets and smartphones because, let's face it, you no longer need a TV to watch good TV.

Though Netflix has competed at the Emmys and Golden Globes before, the nod for Amazon's breakout hit "Transparent" as best comedy TV series means that the creative success of Netflix — with seven nominations this year — isn't a fluke. It paves the way for the Hollywood elite to look toward Sony's new PlayStation TV, Microsoft Xbox, Roku and more as legitimate and promising places to lend their talents. Web series — like the Boston-set drama "Beacon Hill" — could also see a rise in interest both with viewers and Hollywood itself.

Such a scenario would act as a shot across the bow of overpriced and customer service-challenged cable providers. I wouldn't be surprised if, by this time next year, some top television shows are shopping themselves to those services as opposed to the networks that cable companies are currently holding hostage.

Of course, the awards also set up a serious faceoff between the two streaming titans-turned-TV-newbies. The seven nominations for Netflix original series shows "House of Cards," "Orange is the New Black" and "Derek" did not come as a surprise.

Amazon's nod for the hilarious show "Transparent," starring best actor in a comedy nominee Jeffrey Tambor, was more of a surprise. But to its huge credit, Amazon aggressively pursued the honor.

There's no doubt that Amazon's roster of 50 million subscribers to its Prime service will rise as a result, more so if Tambor wins. But there's plenty of room for streaming service competition and plenty of untapped market share to be had.

Rather than a monthly cable subscription, increasing numbers of consumers are paying for an a la carte menu of streaming services that allows them to view their own shows and still pay less than a monthly cable bill would cost.

One thing's for sure: Networks and cable companies will care about the 2015 Golden Globes for the first time in a long time.


00.32 | 0 komentar | Read More

Fox News reporter dies of apparent suicide

Veteran Fox News correspondent Dominic Di-Natale, who recently reported on the riots in Ferguson, Mo., has been found dead of an apparent suicide.

He was 43.

Officials discovered Di-Natale's body Wednesday in Jefferson County, Co., where the international reporter owned property. The coroner said that he took his own life.

According to Fox News, the U.K. born journalist had been dealing with undisclosed health issues.

"We were extremely saddened to learn of Dominic's passing and send our deepest condolences to his family and friends," said a statement from a Fox News spokesperson. "He was an esteemed journalist and an integral part of our news coverage throughout the Middle East."

Di-Natale, who began as a contributor to BBC World, covered international stories for Fox News and worked out of the network's Los Angeles bureau.

He also reported on the 2011 raid that killed Al Qaeda leader Osama Bin Laden.

Fox News' Megyn Kelly expressed her condolences on Twitter.

© 2014 Variety Media, LLC, a subsidiary of Penske Business Media; Distributed by Tribune Content Agency, LLC


00.32 | 0 komentar | Read More

House approves $1.1T bill financing government

WASHINGTON — Republicans have muscled a $1.1 trillion bill financing government agencies through the House after President Barack Obama phoned Democratic lawmakers and urged them to back the measure.

The House approved the measure late Thursday by 219-206.

The compromise bill keeps agencies funded through next September.

Many conservatives opposed it because it did not block Obama's recent executive actions on immigration. A large majority of House Democrats opposed it because of provisions easing some restrictions on banks and allowing higher political contributions by big donors.

Obama backed the bill and called wavering Democratic lawmakers to persuade them to help it pass.

The bill must now be approved by the Democratic-run Senate.

Funding for federal agencies was expiring at midnight. Lawmakers were ready to pass short-term legislation keeping government doors open.


00.32 | 0 komentar | Read More

Merger of Staples, Office Depot predicted

Activist investor Starboard Value's disclosure that it bought a 5.1 percent stake in Framingham's Staples Inc. and upped its Office Depot Inc. holding to 9.9 percent indicates the New York hedge fund will push for a merger of the two office supplies chains, according to analysts.

And while that would leave a single dominant U.S. office supplies retailer, Starboard is confident the Federal Trade Commission would approve it, Bloomberg reported, citing a person familiar with the matter. The FTC signed off on Office Depot's $1.2 billion merger with OfficeMax last year without imposing conditions.

Starboard did not return calls for comment. Its regulatory filings stated that Staples' and Office Depot's shares were "undervalued and represented an attractive investment opportunity" and outlined possible future actions including "making recommendations or proposals … concerning changes to the ... ownership structure ... industry consolidation or potential business combinations."

B. Riley & Co. analyst R. Scott Tilghman sees far more reluctance on the part of struggling Staples' to pursue an acquisition or merger than Office Depot. "Staples historically has had the belief that as the frontrunner of the industry, they understood how to operate and, over time, would continue to gain share over their rivals," he said. "Unfortunately, in recent years, especially after the Office Depot-OfficeMax merger announcement, that hasn't been the case."

Starboard's stakes in both retailers hint at a possible merger in the works given its involvement in the Office Depot/OfficeMax merger, Citi analyst Kate McShane said "If they cannot achieve this, due most likely to FTC concerns, we think they will push to have one or both of these companies sold," she said.


00.32 | 0 komentar | Read More

Stocks rebound on Nov. retail sales, despite oil dip

Renewed optimism, thanks to increased retail sales, caused U.S. stocks to begin to rebound yesterday from a three-session loss streak, but waned as oil fell to a new, five-year low and efforts to block a spending bill in the House renewed worries of a government shutdown.

At one point, the Dow Jones Industrial Average increased by 225 points on news that retail sales rose 0.7 percent in November, the largest increase in eight months.

The Labor Department also reported fewer people filed unemployment claims last week.

"There's no question the numbers were encouraging," said Jon Hurst, president of the Retailers Association of Massachusetts.

"The key is whether they'll be sustained next month because, on average, November and December combined make up about 20 percent of the year's total sales."

Just hours before the House of Representatives passed a spending bill and the Senate passed a temporary bill to avert a U.S. government shutdown, the Dow ended at 17,596.34, up 63.19 points, or
0.4 percent, after crude oil dropped below $60 per barrel.

The latter is good news for the economy, for now, because the less people need to spend on gas, the more they can spend on other things, said Alan Clayton-Matthews, associate professor of economics and public policy at Northeastern University.


00.32 | 0 komentar | Read More

Hearst buys 25% stake in Dreamworks Animation's Awesomenesstv for $81.25 million

Publishing company Hearst has acquired a 25% interest in AwesomenessTV, DreamWorks Animation's digital-focused media division, for $81.25 million, the companies announced Thursday.

For Hearst, the deal will give it entree into the burgeoning world of online video -- and help it reach a young audience that's increasingly consuming content digitally. DreamWorks Animation, meanwhile, will gain a large partner and cash to build out its fast-growing AwesomenessTV business.

Under the pact, Hearst said it will partner with DWA to expand AwesomenessTV's efforts to enter into new content channels, as well as broaden its audience and expand its geographic reach. In addition, AwesomenessTV -- which caters to teen audiences on YouTube and other platforms -- will gain immediate access to Hearst's subscription video-on-demand platform, which ATV would use to sell content directly to consumers across multiple formats.

AwesomenessTV CEO and founder Brian Robbins and president Brett Bouttier will continue to lead the company.

DWA acquired AwesomenessTV in May 2013 for $33 million with an additional $84 million in potential earn-out fees. Word of a DWA deal with Hearst for AwesomenessTV emerged last month, along with the news of the studio's merger talks with Hasbro (which eventually fell apart).

"Few companies have built the global audience of millennial females as quickly as AwesomenessTV," Steven R. Swartz, president and CEO of Hearst, said in a statement announcing the pact. "For us, it's very important to make a bet on the future of how content is created. Together, in partnership with DreamWorks, we see great opportunity in supporting the consumer media franchise that AwesomenessTV continues to build."

DWA CEO Jeffrey Katzenberg said, "This is an extremely exciting partnership for AwesomenessTV and DreamWorks as we continue to implement our long-term strategy to maximize the value of our content and properties through multiple distribution platforms." He lauded Hearst's position with "outstanding global brands, a very valuable international presence and industry-leading technology" and said DWA teamed with Hearst because of its "demonstrated track record of successfully partnering with media companies and supporting their growth trajectories."

Hearst's joint ventures in the entertainment sector include its 50% stake in A+E Networks, with the other half owned by Disney; its 20% stake in ESPN, also with Disney, which owns 80% of the sports cable giant. In addition, Hearst has launched the Esquire Network in partnership with NBCUniversal.

Since launching in 2012, AwesomenessTV has grown to be one of the biggest YouTube multichannel networks, with an average of nearly 800 million monthly views and a total subscriber base of more than 114 million. Its top YouTube channels include Cimorelli, Miss Glamorazzi, Tyler Oakley, Cameron Dallas and Nash Grier.

"Brian Robbins and Brett Bouttier are democratizing media by enabling young talent to create their own content, be discovered by their peers and then be showcased across AwesomenessTV's network of channels, as well as television shows and even movies," said Neeraj Khemlani, co-president of Hearst Entertainment & Syndication and president of Hearst Digital Studios. "It's socially driven content by teens for teens across every platform."

Robbins said in a statement, "With this new partnership, we will benefit from Hearst's deep industry and creative experience as we continue our strong and productive relationship with DreamWorks Animation."

Hearst and AwesomenessTV already had a partnership for the publisher's Seventeen teen-girl mag. Under that deal, AwesomenessTV relaunched the YouTube channel for Seventeen. AwesomenessTV is producing all the content for the channel and managing a multichannel network for fan-contributed content, while Hearst handles ad sales.

AwesomenessTV this April acquired Big Frame, a YouTube MCN and talent-management company, for $15 million. The DWA division also has launched a consumer products business; Awesomeness Music, a label formed in partnership with Universal Music Group to sign deals with YouTube music talent; and Awesomeness Ink, a young-adult book publishing imprint for digital stars.

© 2014 Variety Media, LLC, a subsidiary of Penske Business Media; Distributed by Tribune Content Agency, LLC


00.32 | 0 komentar | Read More

House approves $1.1T bill financing government

WASHINGTON — Swapping crisis for compromise, the House narrowly approved $1.1 trillion in government-wide spending Thursday night after President Barack Obama and Republicans joined forces to override Democratic complaints that the bill would also ease bank regulations imposed after the economy's near-collapse in 2008.

The 219-206 vote cleared the way for a final showdown in the Senate on the bill — the last major measure of a two-year Congress far better known for gridlock than for bipartisan achievement.

Hours before the vote, House Democratic leader Nancy Pelosi delivered a rare public rebuke to Obama, saying she was "enormously disappointed" he had decided to embrace legislation that she described as an attempt at blackmail by Republicans.

The White House stated its own objections to the bank-related proposal and other portions of the bill in a written statement. Even so, officials said Obama and Vice President Joe Biden both telephoned Democrats to secure the votes needed for passage, and the president stepped away from a White House Christmas party reception line to make last-minute calls.

In addition to the government funding, the bill sets a new course for selected, highly shaky pension plans. It also sets up a clash for February between Republicans and Obama over his decision to remove the threat of deportation from about 4 million immigrants living in the country illegally.

Despite the day's drama, 57 Democrats supported the bill, including the party's second-ranking leader, Rep. Steny Hoyer of Maryland, and Florida Rep. Debbie Wasserman Schultz, who doubles as the chair of the Democratic National Committee.

The outbreak of Democratic bickering left Republicans in the unusual position of bystanders rather than participants with the federal government due to run out of funds at midnight.

Even so, there was no threat of a shutdown in federal services — and no sign of the brinkmanship that marked other, similar episodes. Instead, both houses passed a measure providing a 48-hour extension in existing funding to give the Senate time to act on the larger bill.

Said a relieved Speaker John Boehner, "thank you and Merry Christmas."

Hours before the mid-evening final vote, conservatives had sought to torpedo the measure because it would leave Obama's immigration policy unchallenged. Boehner patrolled the noisy, crowded House floor looking for enough GOP converts to keep it afloat.

He found them — after the vote to move ahead on the bill went into overtime — in retiring Rep. Kerry Bentivolio of Michigan as well as Rep. Marlin Stutzman of Indiana.

Even so, Republican defections required Boehner and supporters of the measure to seek Democratic votes for passage. "Remember this bill was put together in a bicameral, bipartisan way," he said. Officials in both parties said Pelosi was fully informed of the bill's contents before it was released to the public, and did not signal her opposition.

If there was political drama in the House, there was something approaching tenderness in the Senate, where several lawmakers are ending their careers. Sen. Tom Coburn, R-Okla., choked up as he delivered a farewell speech from his desk, and Republicans and Democrats alike rose to applaud him.

There was little if any controversy over the spending levels in the $1.1 trillion measure, which provided funding for nearly the entire government through the end of the budget year next Sept. 30. It locked in cuts negotiated in recent years between the White House and a tea party-heavy Republican rank and file.

The only exception is the Department of Homeland Security. It is funded only through Feb. 27, when the specter of a shutdown will be absent and Republicans hope to force the president to roll back an immigration policy that promises work visas to an estimated 5 million immigrants living in the country illegally.

When Congress convenes in January, Republicans will have control of the Senate for the first time in eight years and will hold their strongest majority in the House in more than eight decades.

A provision in the big bill relating to financially failing multi-employer pension plans would allow cuts for current retirees, and supporters said it was part of an effort to prevent a slow-motion collapse of a system that provides retirement income to millions.

"The multi-employer pension system is a ticking time bomb," said Rep. John Kline, R-Minn., who negotiated the agreement privately with Democratic Rep. George Miller of California, who is retiring after 40 years in Congress.

The Pension Benefit Guaranty Corp. estimates that the fund that backs multi-employer plans is about $42.4 billion short of the money needed to cover benefits for plans that have failed or will fail.

Miller said the legislation would give retirees the right to vote in advance whether to enter a restructuring that could cut their benefits. He, Kline and others said the alternative to the legislation might be an even deeper reduction in benefits.

The legislation drew a mixed reaction from unions and the opposition of the AARP, but the White House written statement on the legislation did not mention it as a concern.

The White House did raise objections to a provision that would roll back one of the regulations imposed on the financial industry after the economic near-collapse of 2008, and to a separate element of the bill that would permit wealthy contributors to increase the size of their donations to political parties for national conventions, election recounts or the construction of a headquarters building.

Democrats cited the same issues, but Boehner on Wednesday rejected their request to jettison either or both of the provisions. Republicans noted that 70 members of the Democratic rank and file supported easing the bank regulations on a stand-alone vote in October of last year.

Remarkably, there was relatively little controversy about the spending levels themselves that form the heart of the bill.

___

Associated Press writers Stephen Ohlemacher, Erica Werner, Alan Fram and Charles Babington contributed to this report.


00.32 | 0 komentar | Read More

AstraZeneca to shut Westboro plant

The closure of a massive AstraZeneca drug manufacturing facility in Westboro next year is an outlier and doesn't signal trouble in the state's booming life sciences industry, one local industry watcher said.

"That particular facility and the kind of manufacturing they did there is somewhat of an outlier," said Peter Abair, director of economic development and global affairs for the Massachusetts Biotechnology Council. "It's the type of manufacturing we don't really do a lot, it's more traditional pharmaceutical inhalants."

Yesterday, the drug giant said it will close its manufacturing facility in Westboro in late 2015, affecting roughly 180 employees and contractors. The facility makes Pulmicort Respules, an asthma treatment.

The biotech boom in Massachusetts is built largely on biologic drugs — treatments based on living organisms. That manufacturing process is still advancing incredibly quickly, "on a daily basis," Abair said. Because of that, companies are keeping their research and manufacturing close, he said.


00.32 | 0 komentar | Read More

Hot Property: Penthouses become highly desirable

Penthouses have always had a cachet, but it's only in the last 10 years that Boston has gone vertical enough to create a lot of them.

Buildings like the Ritz- Carlton Residences, the W, 45 Province St., the Mandarin Oriental and The Clarendon put the high-style urban penthouse on the Hub map. Upcoming buildings will raise the ante. The Millennium Tower is offering a 13,000-square-foot penthouse atop the 60th floor for $37.5 million, the city's most expensive listing ever. And projects like One Dalton Street in the Back Bay and Twenty Two Liberty on Fan Pier are also building spectacular pent­houses.

"Big building penthouses are like bespoke suits — custom made" says Wayne Lopez, who sold six at 45 Province St. and is now working for Millennium Partners. "These are people who don't buy cars off lots or suits off the tracks."

Lopez says new penthouses are often sold as raw space, letting buyers customize floor plans and finishes, noting a family with young children bought a 45 Province St. penthouse because they could alter the layout to fit their needs.

For those buyers who want a penthouse, but can't wait two to three years for a build-out, there are usually several on the market.

Gibson Sotheby's Beth Dickerson is listing a 16th-floor two-bedroom corner penthouse at One Charles for $3,195,000 that features both a wraparound terrace off the living areas and a private one off the master bedroom, with panoramic views of the city on two sides.

"Having outdoor space is huge and increases the value of a penthouse by 20 percent," said Dickerson, who sold one for $13 million at the Mandarin Oriental. "And corner pent­houses are very hard to find."

Dickerson says penthouses are high on the bachelor pad wish list and those of people who like to entertain. There are the much-touted wealthy foreign buyers looking for a trophy penthouse, but also local empty nesters. Coldwell Banker agent Albert Lynch is a buyer's broker for a suburban Boston couple with two grown children.

"Some buyers want to be in flag buildings, those that mix condos with a hotel offering amenities such as room service." Lynch said. "Others, like my client, are looking for a full-service building that's quieter."

Lynch said tall building penthouses are a different animal than penthouses in other neighborhoods. In penthouse units he recently sold on Beacon Hill and in the Leather District, exclusive rights to roof decks were a top amenity

Penthouses along the Water­front or in Charlestown aren't as high up but offer spectacular views. Penthouse 230 for sale at Flagship Wharf for $2,149,000 has 2,434 square feet of space, floor-to-­ceiling windows and two private terraces that look out over Boston Harbor.

"Whether you want water or city views, if you're looking for a condo with more than 2,000 square feet or three bedrooms in the city, these will generally be penthouse units," Dickerson said.

Why pay more, when the views a few floors below are nearly as good?

"It's the cachet of living in a one-of-a-kind space where you live at the top" Lynch said. "Some people want to be able to say they live in a penthouse and will pay extra for the privilege."


00.32 | 0 komentar | Read More

Mass. company plans Delaware medical pot clinic

WILMINGTON, Del. — A Massachusetts company is planning to open a medical marijuana clinic in Delaware next month, though doing business in the state could be tricky.

Boston-based Canna Care Doctors plans to open the clinic on Jan. 17 in an industrial park south of Wilmington just steps away from Delaware's first medical marijuana dispensary, set to begin sales in April.

Canna Care has hired a doctor and a cardiologist, and signed a lease for the clinic. For $200 annually, patients at Canna Care will be able to meet with a "cannabis consultant," and get a doctor's appointment and a six-month follow-up. Insurance won't be accepted.

Kevin Kafka, chief operating officer for Canna Care, said the company targeted Delaware because doctors in the state have been hesitant to recommend medical marijuana to their patients.

"The problem in Delaware right now is they don't have enough doctors writing recommendations for patients who truly need it," he said. "We offer an alternative."

But Delaware's medical marijuana law requires doctors who recommend marijuana to their patients must have a bona fide relationship with them that "may not be limited to authorization for the patient to use medical marijuana or consultation for that purpose," The News Journal reported.

State officials have recently acted to further tighten those restrictions.

Last month, Delaware's director of public health, sent a letter to about 100 doctors with patients in the state's medical marijuana program, expressing concerns about "walk-in" clinics certifying patients to use medical marijuana without a firmly established relationship.

Going forward, state officials said they'll have a higher standard for physician certification documents.

Among the requirements: health officials reviewing medical marijuana applications must ensure doctors have done a full assessment of a patient's medical history; that they've created and maintained health records; that they'll continue to provide care for the patient; and that they'll provide follow-up care to make sure the marijuana is helping.

Kafka said his company will follow Delaware's rules. The company's Delaware doctor will meet with patients, and provide follow-up care — even sooner than six months, if necessary, he said.

"We've been working very closely with folks in Dover to ensure that we're in full compliance," Kafka said. "We're taking our current business model and altering it to make sure it fits the regulations in Delaware."

There are 164 medical marijuana cardholders in Delaware, with another 46 applications under review, according to the state. The planned opening of Delaware's first dispensary in April will mark the first time those patients can legally obtain marijuana for conditions that include cancer, HIV, agitation of Alzheimer's disease, post-traumatic stress disorder, and Lou Gehrig's Disease.

Gov. Jack Markell signed the medical marijuana bill into law in 2011, but he halted implementation after federal authorities indicated people involved in cultivating and distributing marijuana could face civil fines or prosecution.

Last August, the governor said he was moving forward with a single, state-licensed "compassion center." The bill he signed in 2011 had called for three such centers, one in each county.

___

Information from: The News Journal of Wilmington, Del., http://www.delawareonline.com


00.32 | 0 komentar | Read More
techieblogger.com Techie Blogger Techie Blogger