MoviePass Parent Company Stock Drops 12% To All-Time Low Of 54 Cents
Skies over MoviePass grew darker today as parent company Helios & Matheson Analytics saw its stock price drop another 12% to close at an all-time low of 54 cents.
The share price has plunged more than 75% this month alone after execs warned in an SEC filing that they were running low on cash reserves. Exhibitors, most Wall Street investors and even many customers continue to express skepticism about the long-term viability of MoviePass. Its top execs counter that they… Read
Mark Zuckerberg Says Millions Of Fake Facebook Accounts Have Been Removed To Combat Fake News
Mark Zuckerberg confronted a series of tough, pointed questions from members of the European Parliament today, as the Facebook chief executive was asked to provide answers about the social media platform’s data collection practices.
The Silicon Valley executive once again apologized for not doing enough to protect user data — an apology he has offered repeatedly to government leaders and users since the Cambridge Analytical scandal broke.
“We didn’t take a broad enough… Read
‘Black Panther’s’ Michael B. Jordan To Star In Rooster Teeth Animated Series ‘gen:LOCK’
Michael B. Jordan, who portrayed the tortured villain Erik Killmonger in Black Panther and will reprise the title role in Creed II, will join Rooster Teeth's animated series gen:LOCK to voice the main character, Julian Chase.
The actor, whose star has been on the rise since his critically acclaimed performance in NBC’s Friday Night Lights and the indie breakout Fruitvale Station, will lend his voice to the sci-fi series.
"We are excited beyond belief to announce Michael… Read
How To Watch Prince Harry & Meghan Markle’s Royal Wedding Online
Let’s assume that you, like me, were not among the 600 guests to receive an invitation to attend the wedding of Britain’s Prince Harry and Meghan Markle. Nor will we be among the thousands invited to stand on the grounds of Windsor Castle to watch the wedding party enter and leave. Thankfully, the Internet has us covered.
Here are some ways to watch the royal wedding, which is scheduled for 7 AM ET/zero dark ugly PT on Saturday.
The Royal Family will live-stream… Read
A Dozen People Lose Their Jobs In Layoffs At The Sony Crackle Streaming Service
Sony will lay off about a dozen employees at its ad-supported video streaming service, Sony Crackle, the company confirmed.
The video service, which Sony Pictures Entertainment acquired for $65 million in 2006 (back then, it was known as Grouper), has struggled to find a foothold in the digital media marketplace.
The job cuts are part of a restructuring of Sony Crackle’s business that entails merging its digital ad sales and solutions divisions. Among those displacing in… Read
Former YouTube Executive Launches Next 10 Ventures, A Fund Investing In The Creator Community
A former YouTube executive who spent years working with the online creator community has raised a $50 million operating fund to invest in emerging talent and help them develop businesses around their creations.
Founder and CEO Benjamin Grubbs said the inspiration for Next 10 Ventures grew out of his experiences as YouTube’s global director of top creator partnerships. He would work with YouTubers, discussing their business plans and helping them project their growth out… Read
Animated Series ‘White Ninja’ Comes To Toonstar Mobile App For Its Second Season
White Ninja, the animated web series starring The League’s Paul Scheer, is headed to the mobile app Toonstar for its second season.
Based on the original strip created by Scott Bevan and Kent Earle, White Ninja debuted in 2015 as a narrative series on Vine. The series won acclaim for delivering high-quality, bite-size content. Following the demise of Vine, White Ninja found a new home on Toonstar, an app designed to deliver quick bursts of animated entertainment.
“What we… Read
New ESPN Boss Jimmy Pitaro: “Morale Is Incredibly High” – Upfronts
Jimmy Pitaro, the former Disney and Yahoo exec who took over earlier this year as ESPN president after the abrupt departure of John Skipper, borrowed at least one page from Skipper’s playbook, meeting with the media after the network’s upfront event.
The press briefing in the Minskoff Theatre went longer than Skipper’s annual scrums with reporters, and it also featured the full senior management team standing in the back and weighing in on some topics. The discussion… Read
Apple Music Reaches 50 Million Users
Apple Chief Executive Tim Cook says the Apple Music streaming service has reached a milestone: 50 million users.
That represents both subscribers and those dabbing in a free trial, Cook told Bloomberg TV. But still, the music service appears to be logging steady growth. Just last month, Apple said it had passed 40 million subscribers, with 8 million trying out the service free.
Apple is still playing catchup to the dominant music streaming service, Spotify, which this… Read
Stoopid Buddy Stoodios’ Live-Action Puppet Comedy ‘Blark & Son’ To Premere On Verizon’s Tumblr And Go90
The social media comedy series Blark & Son, about an out-of-touch dad trying to relate to his awkward adolescent boy, is coming to Verizon’s Tumblr and go90 platforms.
The quirky live-action puppet series, which got its start with weekly 30-second installments on Instagram, will expand to seven-minute episodes that premiere on June 4.
“They’re the quintessential odd couple: an overly manly dad who had a kid later in life and the son is very nerdy,” the series’ 29-year-old… Read
Addressing Controversies Head-On, YouTube Lays Infrastructure To Manage Growth — Deadline Disruptors
When YouTube co-founder Jawed Karim uploaded that first video of Me at the Zoo in 2005 it was hard to imagine what the video sharing site launched under the slogan "broadcast yourself" might become.
These days, A-list celebrities like Will Smith and professional athletes like Golden State Warriors standout Kevin Durant use YouTube to afford intimate if controlled glimpses of their private lives, even as not-ready-for-mainstream players like gamer Mark Fischbach (better… Read
Facebook Yanks 200 Apps In Data Probe
As it moves to clean up its act — or at least to show the public that it is trying — Facebook said it has suspended 200 apps in the initial phase of its response to the Cambridge Analytica data scandal.
A blog post this morning by Ime Archibong, VP Product Partnerships, declared “the investigation process is in full swing.” It described the probe’s two phases. “First, a comprehensive review to identify every app that had access to this amount of Facebook data,” Archibong… Read