Industry Archives: Media

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Australian Film Production Company Seeking Seed Funding

The Company is a film production company specializing in feature length film development and production. The Company takes on a variety of projects at many stages of the production process from raw concepts and draft scripts to full feature film production and sale. As a production company, the Company is a combination of several business types. These include:
1. Professional services, such script writing and editing.
2. Agency, such as selling scripts/projects on behalf of writers to studios/distributors.
3. Production, employing entire casts and crews to produce a film.

The Company is in a unique position in the market place as both a home grown Australian production company that qualifies for various government tax grants and has a potential global market of sales.
The Company opened it door last August as production house, in that time it has established itself with government agencies which are crucial with the implementation of its film finance formula. The Company has established a slate of five (5) films to be produced under the its banner. Capital outlay to date has been on camera gear, sound gear, lighting gear , all of which is use by the Company or hired out to other film makers. Other expenses include the initial seed money which was injected by the three principals.
The Company is seeking Seed Capital funding for its development.

Deal Contact:
Stage One Films Pty Ltd
Blair Moore or Dominic Crisci
[email protected]

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US Based Social Media Company Acquisition Opportunity

The leading global aggregator and search engine for Twitter pictures is available for acquisition. This U.S. based Social Media Company, which provides an enhanced Twitter experience, can enhance an existing Social Media platform or help establish a new platform. Company highlights:

* 6.4 million monthly unique visitors (83% international from 76 countries);
* 3.8 million monthly visitors via smartphone (60% of total), even though Company offers no mobile app;
* 34.0 million monthly page views;
* Content database of 4.5 billion Twitter pictures with 5.0 million pictures added daily;
* Revenue from Advertisements and Sponsorships;
* Customizable and scalable technology features search algorithms and software and
* Experienced CEO – 15+ years in search technology.

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UN spins off humanitarian news service after $25 mln investment

GENEVA, Nov 20 (Reuters) – The United Nations will spin off its humanitarian news service IRIN as an independent Swiss-based foundation after getting a $25 million 15-year investment from a Hong Kong-based philanthropist.

The deal aims to leave the United Nations to concentrate on core humanitarian work while allowing IRIN, which began by faxing news about Africa in the aftermath of the 1994 Rwandan genocide, to expand with offices in Geneva, New York and London.

IRIN plans to add Chinese and Spanish language services to its existing English, French and Arabic output, and to boost output on mobile devices, IRIN’s interim director Ben Parker told a news conference in Geneva on Thursday.

“We’ll have a fresher voice, a sharper tone and a more engaging style that’s suited to the way news is shared and consumed today. We’ll be able to ask the tough questions in the way we haven’t always been able to do in the past,” IRIN’s interim director Ben Parker told a news conference in Geneva.

The foundation’s statutes will be fixed under Swiss law, guaranteeing editorial independence for its 170 freelance journalists and its non-profit nature.

Jho Low, director of Jynwel Charitable Foundation which made the $25 million donation, said the aim was to scale up coverage in the most under-reported areas of the world and build IRIN’s strength so it had no short-term financial worries.

“We believe in five years time IRIN can be sustainable, with one third of its income from donors and the balance of two thirds from advertising and potentially partners,” he said.

“The need for IRIN has never been more pressing.”

IRIN, which began life as “Integrated Regional Information Networks”, says it was among the first media outlets to report on the 2003 Darfur crisis, the 2011 Somali famine, this year’s unrest in Burkina Faso and, in 2009, the rise of the militant group Boko Haram in Nigeria.

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Berlin-Based Adtech Company Fyber Exits To RNTS Media For €150M

TechCrunch October 8, 2014
Another exit for a Berlin tech company, albeit not necessarily a home run. Fyber, the adtech company formerly known as SponsorPay has been acquired by the publicly-listed European media company RNTS Media. Terms of the deal aren’t being disclosed, except to say that it’s a mixture of cash and stock, though we’re hearing from sources that the price is €150 million (which also tallies with the $190 million amount now being reported by VentureBeat, and an advisory issued by Anoa Capital).

As a result of the acquisition — which can really be viewed as a merger of sorts, given the size of the respective companies — Fyber will become a subsidiary of RNTS Media and will continue to operate independently under its existing leadership team. Fyber co-founder and CEO Andreas Bodczek will become Managing Director and CEO of the RNTS Media Management Board, and Janis Zech, co-founder and CRO of Fyber, will also join the Management Board.
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PonoMusic Raises More Than $6M In Equity Crowdfunding In One Week

TechCrunch
Neil Young’s startup PonoMusic became the fourth-most funded project on Kickstarter back in April, when it raised $6.2 million on a goal of $800,000. The project now has raked in an additional $6 million in equity funding from a Crowdfunder campaign.

Pono Music is building a music download service and physical music player that is set to launch in a few months. The project focuses on ultra high-quality sound, projecting to offer a digital music store with more than 2 million titles, which will have 30 times more sound data than typical MP3 files.

The company’s Kickstarter project raked in endorsements not only from celebrities in the music industry like Bruce Springsteen, but from prominent people in the technology world, including Oculus COO Laird Malamed and Amazon CTO Werner Vogels.
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Apple expected to buy personalized talk radio app Swell for $30 million

Apple Insider
Apple may bolster its streaming media services with the addition of technology and talent from Swell, a personalized news radio application currently available for iPhone, which it is said to have bought for $30 million.

Apple’s alleged purchase of Swell was revealed by Re/code, which said the Swell app is expected to be shut down this week after the deal closes. Key to the acquisition is reportedly the simplified user interface that lends itself well to in-car listening.

Swell is a free download on the iOS App Store and is well reviewed, with 436 users giving it an average score of 4 and a half stars out of 5.

The deal could affect Apple’s iTunes Radio service, which is a Pandora competitor that recently gained talk radio stations. The technology could also be implemented in Apple’s own iOS Podcasts app, which is poorly reviewed by users on the App Store.

Pitching itself as “news radio rebooted,” Swell claims to offer “a smart and effortless way to listen on your smartphone.” Partners providing content to the app include National Public Radio, ABC News, American Public Media, and Ted.
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Billionaire Prokhorov Bids for 100% Stake in Russian Daily Vedomosti

Moscow Times
Onexim Group, owned by billionaire and Brooklyn Nets owner Mikhail Prokhorov, has bid to purchase 100 percent of shares in the influential Russian business daily Vedomosti, Russian media reported, citing sources close to the tender.

Vedomosti — which is published in tandem with the Financial Times and the Wall Street Journal — is one of a handful of Russian newspaper and magazine assets owned by Sanoma Independent Media, or SIM, a subsidiary of struggling Finnish media group Sanoma, which is unloading its Russian operations in an effort to firm up its bottom line.

Citibank, which was hired to manage the sale of SIM, is expected on Friday to close the call for bids on Vedomosti and other assets included in the company’s portfolio, the report said. SIM also publishes The Moscow Times and a series of glossy magazines such as Cosmopolitan, Esquire, Harper’s Bazaar and National Geographic.
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Light Chaser, The Animation Studio That Wants To Be “China’s Pixar,” Raises $20M

TechCrunch June 20, 2014
Light Chaser, the animation studio that aspires to be China’s Pixar, announced today that it has raised $20 million in series B funding led by GGV Capital, with participation from Hillhouse Capital and returning investor IDG. The company was launched in March 2013 by Tudou founder Gary Wang after Tudou merged with Youku, creating China’s biggest streaming video site and aspires to make high-quality computer animated films with a “Chinese cultural touch.”

Light Chaser, which has spent the past year and a half filling out its art, technology, and management rosters, also said that its first 3D animated feature, “Little Door Spirits,” will be completed by July 2015 with a budget of RMB 70 million (about $12 million). While “Little Door Spirits” won’t be released for another year at least, Light Chaser has released a short film called “Little Yeyos” as a preview of what it can do.

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Scientific publishing company for sale

The Business is a subsidiary of a Group that operates in the ICT and Digital Media sectors. The Group is seeking a buyer of its 90% of shares of the Business (an Italian limited company).

The Business is a scientific publishing company that primarily operates in Italy. It has published the magazine “Coelum Astronomia” (www.coelum.com) since 1997 and holds the widest Astronomy forum in Italy (Coelestis). The Business also first created a space and astronomy-dedicated video streaming platform (www.coelum-stream.com).

The Business has invested in Digital publishing and is going to release a multi-lingual International Scientific e-magazine. The Business is located in Venice (Italy), employs only 5 people and works with a network of around 50 scientists/copy-writers.

More details about the people reach of the products of the business products are available on request.

Additional data and statistics will also be sent to potential bidders. The transaction is directly managed by the Group CEO.

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Google in Talks About Possible Acquisition of Twitch

Wall Street Journal May 18, 2014
Google Inc. is in talks about a possible acquisition of Twitch, a fast-growing, live-video-streaming service, according to two people familiar with the matter. The talks are at an early stage, and a deal isn’t imminent, the people said. The potential purchase price couldn’t be learned. Twitch also has considered raising additional funding instead of selling the company, according to one of the people. A Twitch spokesman declined to comment.

Twitch, launched in June 2011, is the most popular Internet destination for watching and broadcasting videogame play. The startup raised $20 million from investors, including Thrive Capital and videogame-maker Take-Two Interactive Software TTWO +1.49% in September.
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