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Video Dominates Wired Internet Use But Loses Share In Mobile: Study

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Real Time Entertainment services led by Netflix will increasingly dominate wired internet traffic in North America — but are losing ground in mobile — a new study from research firm Sandvine shows. It found that Real Time Entertainment accounted for more than 71% of the downstream traffic in during peak periods on the wired internet in the first half of 2016, up from 70% last year. That market share should increase to 80% by the end of 2020, Sandvine estimates. It sees… Read

Business

Mashable Buys Film Fan Digital Destination CineFix

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CineFix, a YouTube channel for film fans, has a new parent: Mashable bought the destination from Lloyd Braun’s Whalerock Industries for an undisclosed price, the companies said today. The film site, which has more than 1.6 million subscribers on YouTube, is “a natural fit with Mashable's focus on entertainment, technology, and influential geek culture,” Mashable Chief Content Officer Gregory Gittrich says. CineFix has more than 1,200 videos and franchises including Homemad… Read

TV

‘Ray Donovan’ Season 4 Opener Available Online Ahead Of Showtime Bow

RayDonovanSeason 4

Season 4 of Ray Donovan doesn’t launch until Sunday on Showtime, but the premium cabler is offering a free sample this week. The first episode of the Liev Schreiber-starring crime drama’s new run is available to everyone on YouTube and Sho.com, as a video podcast on iTunes and other digital platforms. The freebie will be the TV-14 version of the episode, so — as any Ray Donovan could attest — the version airing this weekend will be a tad different. After last season’s pro… Read

Business

Sony Pictures And Will Gluck Team To Support Interactive Video Provider

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Sony Pictures Entertainment sees an opportunity in video entertainment that empowers viewers to shape the story line. The studio announced today that it has made a strategic investment in Interlude, a company that specializes in interactive storytelling. In addition, SPE tapped Will Gluck — a writer-director whose credits include the 2014 remake of Annie — to help create and oversee content through his L.A.-based Olive Bridge Entertainment. The work will appear on… Read

Business

Peter Chernin-Backed Ellation Introduces Hub For Subscription Video Services

VRV Partners

Ellation, the digital video company backed by Peter Chernin and AT&T, thinks it has a solution for fans of anime, animation, gaming, comedy, fantasy and technology who are overwhelmed by the vast programming choices on the web. The company just unveiled a service called VRV that it says will serve as a one-stop shop for “hand-picked premium channels for members of the fandom.” It will provide packaged programming both a la carte and in bundles beginning on a… Read

Business

CBS Interactive Lifts Susan Lundgren To SVP, Communications

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Promotions are in the air at CBS Interactive. The company announced today that Susan Lundgren was lifted from VP to SVP of Communications. She’ll be the chief spokesperson for the unit that includes CBS.com, CBSNews.com, CBSSports.com, CNET, GameSpot, and TVGuide.com. Lundgren, based in San Francisco, reports to CEO Jim Lanzone — who yesterday was also named CBS’ Chief Digital Officer — as well as to CBS’ Chief Communications Officer Gil Schwartz. She replaces Christine… Read

Business

Apple TV To Offer Sling TV As Well As Expanded Voice Search Commands

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While we all wait to see whether Apple will cobble its own live streaming TV service, the company today unveiled the next best thing. It will offer Dish Network’s Sling TV as an app on its Apple TV platform, SVP Eddy Cue said today at the company’s Worldwide Developers Conference in San Francisco. The $20 a month single-stream Sling includes a skinny bundle of channels including ESPN, CNN, AMC, TNT, and Comedy Central. The Viacom-owned comedy channel just joined the… Read

Business

CBS Taps Jim Lanzone To Be Chief Digital Officer Overseeing All Web Operations

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CBS Interactive CEO Jim Lanzone needs to find more room on his business cards this morning as he picks up an additional title: He’s now also Chief Digital Officer, a newly created job that reports to CEO Les Moonves. “For the past five years, Jim has built a successful business and organization at CBS Interactive, which is now a thriving and profitable operation – and one of our most exciting growth engines as we move to build CBS All Access, CBSN and many other important… Read

Business

Microsoft Agrees To Buy LinkedIn For $26.2B

FILE - This Tuesday, April 12, 2016, file photo, shows the Microsoft logo in Issy- les-Moulineaux, outside Paris. Microsoft is joining other tech giants attempting to deliver the Internet to remote parts of the world. But unlike expensive and ambitious plans by Google and Facebook to use satellites, drones and balloons to do so, the software company is making grants to businesses that provide online access, software or related services. (AP Photo/Michel Euler, File)

Shares in LinkedIn are up more than 48% to $194 in premarket trading after it announced an agreement to sell itself to Microsoft for $26.2 billion, equal to $196 per share. LinkedIn CEO Jeff Weiner will retain his job, but report to Microsoft CEO Satya Nadella. The companies expect the deal to close this year. “The LinkedIn team has grown a fantastic business centered on connecting the world’s professionals,” Nadella says. “Together we can accelerate the growth of… Read

Business

Legendary Entertainment Plans Streaming Service With Nerdist And Geek & Sundry

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The market of subscription video streaming services is about to become a little more crowded: Legendary Entertainment says today that it will launch a platform, called Alpha, “later in 2016” using content from its pop culture production services Nerdist and Geek & Sundry. Pricing is still being set, but could go as high as $7 a month. It will be available on desktop computers as well as iOS and “popular [streaming] devices.” The companies say they they will use… Read

Business

Vimeo CEO Kerry Trainor Sets Exit As Parent IAC Looks For A New Chief

Kerry Trainor, the CEO of Vimeo, speaks at the conference "Ignition: Future of Digital," Tuesday, Dec. 8, 2015, in New York. (AP Photo/Mark Lennihan)

Vimeo CEO Kerry Trainor told staffers today that he’s stepping down as chief of IAC’s filmmaker-founded video sharing site “to live life for a bit while working with a few companies as a board member until I'm ready to announce my next full-time project.” The former AOL and Yahoo exec will stay as an adviser while Vimeo looks for a new CEO. IAC chief Joey Levin will serve as interim CEO of Vimeo. Trainor says that, after four years at the operation, it “wasn't an easy… Read

TV

Warner Bros Forms Warner Bros Digital Networks Unit Run By Craig Hunegs

Craig Hunegs

Warner Bros is the latest independent studio to signal a push in the OTT arena with the formation of Warner Bros Digital Networks, a new division focused on building the studio's owned digital and OTT video services. The unit will be led by Craig Hunegs, who adds the title of President of Warner Bros Digital Networks to his current responsibilities as President of Business and Strategy at Warner Bros. Television Group. In both positions, Hunegs reports directly to Warner… Read