Recent Articles

MTG cuts 300 employees as focus shifts to digital
/ August 24, 2015 2:08 pm
MTG cuts 300 employees as focus shifts to digital

Streamdaily.tv reports "European media company MTG will lay off 300 employees in Sweden, Norway, Denmark and the U.K. as part of an ongoing restructuring effort that will see more of its business shift to the digital market, the company confirmed. Jorgen Madsen Lindemann, MTG president and CEO, (pictured) said in a statement the decision to eliminate the position held by 'valued colleagues' was difficult to make, 'but (the changes) are necessary and we are doing all that we can to assist those affected by these changes.'" Read More

AdMobilize And Verizon Partner To Monitor Ads In The Real World
/ August 24, 2015 2:03 pm
AdMobilize And Verizon Partner To Monitor Ads In The Real World

TechCrunch reports "AdMobilize, a new monitoring and tracking technology that measures attention and traffic in stores and for outdoor advertising, is partnering with Verizon* to add 3G connectivity to its outdoor beacons. In July, the Miami-based company announced the second version of its AdBeacon product, a way to measure ad performance in the physical world. At the time the company managed to round up $1.6 million in financing from undisclosed investors." Read More

Australia’s Quickflix Cancels China Takeover Deal
/ August 24, 2015 1:59 pm

Variety reports "Australian streaming video company Quicklix says it has called off a deal announced earlier this month to acquire a Chinese film and TV firm. The cancellation is a further blow to Quickflix which is struggling to make headway in the newly competitive Australian online video sector, and follows the cancellation of a previously announced sub-distribution deal with Presto, a larger rival." Read More

YouTube expands royalty-free music library
/ August 24, 2015 1:50 pm
YouTube expands royalty-free music library

Streamdaily.tv reports "It seems YouTube is pulling out more stops in an effort to keep its content creators happy. The Google-owned video giant confirmed that it has expanded its library of royalty-free music for creators by more than 1,000 songs. Creators now have more options for background music and sound effects in videos without risking copyright violations." Read More

Choice Provisions shows off Laserlife music rhythm game played with gestures on Intel RealSense camera
/ August 24, 2015 1:46 pm
Choice Provisions shows off Laserlife music rhythm game played with gestures on Intel RealSense camera

VentureBeat reports "Laserlife is a new music rhythm game that you’ll be able to play soon with gesture controls thanks to the Intel RealSense camera. Game developer Choice Provisions, formerly known as Gaijin Games, created the title as a showcase of the Intel technology, which allows you to control a game by waving your arms in the air in front of a computer with a RealSense camera." Read More

Selling News Feeds As A Service, Stream Raises $1.75M
/ August 24, 2015 1:41 pm
Selling News Feeds As A Service, Stream Raises $1.75M

TechCrunch reports "Building off the strength of a successful open source project, a new startup that provides newsfeed development and management as a service — Stream — has raised $1.75 million in its first round of funding." Read More

Spotify Backer, Lakestar, Raises $385 Million Fund To Take On Europe’s Top VCs
/ August 24, 2015 1:36 pm
Spotify Backer, Lakestar, Raises $385 Million Fund To Take On Europe’s Top VCs

Business Insider reports "On August 24th, Lakestar, a Zurich-based VC fund led by Klaus Hommels, said it raised $385 million for its Lakestar II fund. That sum makes Lakestar II the largest single fund in Continental Europe. (The new raise brings Lakestar’s total assets under management to $535 million). Hommels says he capped the raise at EUR 350 million($385 mm), but because of high demand, could have raised as much as EUR 600 million." Read More

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