Research firm AppNation forecasts a dramatic increase in the overall app economy in the U.S. over the next four years. The AppNation report predicts that the combined value of paid apps, app-enabled purchases of goods and services, and in-app advertising will double to $151 billion by 2017. While smartphones and tablets largely drive today’s app economy, innovations with smart TVs and connected cars are expected to help drive future app commerce. Continue reading Report: App Economy Expected to Double in Value by 2017

Boston-based startup Aquto launched this week with an interesting business model, one that allows wireless customers to pay for data by watching ads, taking surveys, downloading apps, or devoting time to a brand. For example, if a consumer views a 30-second ad via the Aquto app, that individual could earn 5 or 10 megabytes, about enough to download some images or check an inbox. Aquto is limited to Vodafone customers in Portugal, but plans to roll out in the U.S. next month with a “very large carrier.” Continue reading New Wireless Model: Earn Data Over Time with Aquto App

Universal Music is developing a crowdfunding service that will support limited-edition releases of out-of-print vinyl records. The Vinyl Project aims to bring back rare and deleted records from Universal’s back catalog. CMU reports that releases currently being considered for availability to funders include “ABC” by The Jackson 5, Björk’s “Biophilia,” “Goodbye Yellow Brick Road” by Elton John, “His N Hers” by Pulp, Def Leppard’s “Hysteria” and “Disraeli Gears” by Cream. Continue reading Universal’s Crowdfunding Effort to Save Out-of-Print Vinyl

At the Packard Campus of the Library of Congress’s National Audio-Visual Conservation Center, technicians are working to convert old videotapes into digital files, as part of an effort to preserve a collection of 1950s-through-1970s TV shows. The process is challenging, costly and time-consuming, but increasingly important considering the large percentage of original tapes that no longer exist. If the videotapes are not transformed, future generations will have very little access to an important segment of media history. Continue reading Library of Congress Project Seeks to Preserve TV History

Frost & Sullivan’s newly released report on the size of the Consumer Video Devices Market suggests that sales numbers indicate Apple owned 56 percent of the streaming devices market in 2012, with Roku close behind at 21 percent. TiVo has the next largest base of users. And while Google remains committed to competing in this space, devices based on the Google TV platform have experienced little commercial success so far. Continue reading Apple TV Claims More Than Half of Streaming Devices Market

On Tuesday, the U.S. Second Circuit Court of Appeals refused TV broadcasters’ petition to appeal an earlier ruling that Internet-streaming startup Aereo is legal in New York City. The appeal came from Fox, CBS and others. Judges were polled and a majority did not want to rehear the case, although Judge Denny Chin called Aereo a “sham” and harmful to the TV industry. Fox Broadcasting is reviewing its options and may appeal to the U.S. Supreme Court. Continue reading Fox Considering an Appeal to Supreme Court in Aereo Battle

Chipmaker Intel has acquired the gesture recognition startup Omek Interactive for close to $50 million. The Israeli startup develops software and related technology for creating gesture recognition interfaces based on information provided by 3D cameras. Omek’s gesture recognition and body tracking software is being used in devices such as TVs, set-top boxes, game consoles, tablets, PCs, smartphones, interactive signs, and medical and fitness devices. Continue reading Intel Acquires Gesture Recognition Startup Omek Interactive

Google is reportedly joining the growing number of technology companies looking to launch online versions of pay TV. According to sources familiar with the matter, Google has been talking with media companies about licensing content for a new streaming Internet TV service. We reported earlier that Intel and Sony are working on similar projects. Apple has also been pitching television licensing deals to media firms in recent years. Continue reading Google Approaches Media Companies with Streaming TV Pitch

The Visual Effects Society (VES), the industry’s professional honorary society, released “The State of the Global VFX Industry 2013,” a comprehensive strategic analysis of the business drivers impacting all sectors of the VFX industry working in film production and presentation of solutions to mitigate instability. Initial recommendations focus on improving business and financial management acumen among artists and facilities management through training programs and new standards and practices. Continue reading VES Publishes Analysis: The State of the Global VFX Industry

The free IMDb app, currently available as iOS and Android versions, now offers U.S. users the ability to purchase movie tickets. The update follows similar offerings from other apps such as Fandango and Apple’s Siri. Users can also tap on the “Search via Amazon Mobile” button in the iPhone or iPad app to learn more about purchasing movies and TV shows on DVD or Blu-ray (requires that the Amazon Mobile app is installed). Continue reading New IMDb App Update Includes Ability to Buy Movie Tickets

The three companies that mutually own Hulu announced on Friday that they would not be selling the video site, bringing an end to months of bidding and speculation. Instead, the current owners of Hulu — 21st Century Fox, Disney and NBCUniversal — explained that they plan to invest $750 million to compete against online video services such as Netflix and Amazon. Until Friday’s announcement, DirecTV with its $1 billion offer was considered by many to be the leading bidder. Continue reading Hulu Owners Call Off Sale, Announce New Investment Plans

Nokia has unveiled its new Lumia 1020, confirming the rumors that the smartphone touts a 41-megapixel camera. It features six-lens Carl Zeiss optics (including wide angle), auto and manual focus, and captures 1080p HD video at 30 frames per second. Preorders for the Windows Phone 8 device begin tomorrow, available in the U.S. exclusively through AT&T for $300 with a two-year contract. The Lumia 1020 is expected to hit shelves July 26. Continue reading Nokia Launches Lumia 1020 Smartphone with 41MP Camera

A federal judge in Manhattan ruled yesterday that Apple colluded with five U.S. publishers in 2010 to drive up the prices of e-books. The decision threatens to limit Apple’s options when negotiating future content deals and potentially exposes the company to additional investigation of its other business practices. The decision to go to trial was considered a significant risk for Apple since the publishers, after denying any wrongdoing, had already settled similar charges. Continue reading Federal Judge Rules that Apple Colluded on E-Book Pricing

Digital media firm Fullscreen — which hosts more than 15,000 YouTube channels with 200 million subscribers and 2.5 billion monthly views — has launched a suite of apps designed to help content creators monetize videos through search engine optimization and partnership facilitation. The new Fullscreen Creator Platform also includes analytics tools for insight into audience behavior. In addition, Fullscreen has announced a free iOS app for tracking video performance from phones (Android coming soon). Continue reading Fullscreen Launches Creator Platform for YouTube Producers

Microsoft announced this week that it will shutter its MSN TV (formerly WebTV) service on September 30. The pioneering interactive TV service began in 1996 as one of the first set-top boxes to offer Internet access. WebTV was acquired by Microsoft for $425 million in 1997. According to Brad Hill, WebTV’s former national media spokesperson leading up to the product’s launch, “it isn’t modern Web-connected TVs that finally killed WebTV (MSN TV) — it’s the mobile revolution that did it.” Continue reading Microsoft to Shut Down Interactive MSN TV Service this Year