Apple CEO Tim Cook met with Beats Electronics CEO Jimmy Iovine during a recent visit to Los Angeles, according to three people familiar with the matter. The execs met to discuss the business model and rollout plans of Beats’ Project Daisy, a subscription music service announced in January with little detail. The sources suggest Apple may be interested in a potential partnership. Continue reading Will Apple Team with Beats for Streaming Music Service?

Subscription Video On Demand services are helping ease the film industry’s pain regarding slumping DVD sales. But is it happening fast enough? Speaking at the Film Finance Forum West, Eli Baker, a partner at Hemisphere Capital Management, noted that determining whether the industry is making that money back dollar-for-dollar is a difficult thing to pinpoint — though he does say there’s reason to be optimistic. Continue reading Subscription VOD Earnings Do Not Offset Falling DVD Sales

The Nitehawk Cinema in Brooklyn is not your average movie theater. The venue has become part of a growing trend of “Dine-In” theaters emerging in different parts of the country. Serving movie-themed specials such as “Django Unchained Dynamite Shrimp and Grits,” these theaters have created a special combination of entertainment and food services as a viable means of survival in a consolidating industry. Continue reading Cinema Dining: Theaters Attract Patrons with Themed Meals

The global market for mobile apps continues to grow, but raises business challenges for those creating new apps. Developers targeting China, the world’s largest smartphone market, face a complex and oft-times confusing process. These app makers are forced to navigate through dozens of app stores with looser rules than in the U.S., fending off cloned apps and steering around regulations and local competition. Continue reading Mobile App Market Grows in China, but Harder to Penetrate

A Chinese government research institute has accused Google of using its Android mobile OS dominance to discriminate against local companies. The report suggests that China is too reliant on the platform and Google has delayed sharing code in recent versions of Android. This serves as a reminder of the ongoing tensions between China and Google, after the tech giant said it would not comply with Chinese Internet restrictions three years ago. Continue reading Commercial Discrimination: China Critical of Android OS

Time Warner, named partly after a signature magazine, is getting out of the magazine business. On Wednesday, the company said it would spin off its entire Time Inc. magazine group, creating a separate public company. Moves like this aren’t entirely surprising considering the industry’s decline in newsstand sales and ongoing ad slump, which affects all publications but particularly weekly ones. Continue reading Time Warner Announces Spinoff of Entire Magazine Division

Based on numbers from mobile ad network Jumptap, which covers 134 million mobile users in the U.S. and 206 million mobile users worldwide, tablets accounted for 18 percent of all traffic on its network — compared to 78 percent for smartphones and 4 percent for feature phones. With the data from Jumptap’s most recent monthly report and its latest projections, tablets are set to continue this upward trend at a rapid pace. Continue reading Consumers Increasingly Turn to Tablets for Mobile Content

YouTube is reportedly planning to launch a subscription streaming music service later this year, that could take on existing services such as Spotify and Pandora. The company is expected to offer a subscription plan that will likely overlap with new features coming to its Android music platform, Google Play. With the subscription, users will have access to new features, including ad-free music streaming. Continue reading YouTube May Launch Subscription Streaming Music Service

Google has begun testing its own e-commerce site called “Google Shopping Express,” with same-day delivery from stores like Target, Walgreens and Walmart. The site is expected to offer a $64 annual deal, compared to competitor Amazon Prime’s $79 service. Google’s Tom Fallows, an e-commerce product manager, is reportedly running the project, and the company is currently working with personal delivery and online services. Continue reading Will Google Shopping Express Compete with Amazon Prime?

Online streaming companies are beginning to pursue primetime programming. Amazon is producing original content now; Netflix is following its successful “House of Cards” with four more original programs; Microsoft is working on programming for the Xbox gaming console; while AOL, Sony and Twitter are all likely to follow in these footsteps. Will these companies change the way we watch TV? Continue reading Original Online Content: TV Pilots Finding New Audiences

Blake Ross, Facebook’s director of product, recently announced he’d be leaving the company. He posted a goodbye letter on his profile page saying, in essence, that he was leaving the company because youngsters no longer think the social network is cool. While there was an air of humor to his post, it also had some truth to it. He’s since taken down the letter, claiming it was posted publicly by accident. Continue reading Facebook No Longer the Social Network Du Jour for Teens?

Apple kicked off the mobile apps craze five years ago and the industry continues to gain momentum. App stores run by Apple and Google offer more than 700,000 apps each. Because of the growing range of choices, it is estimated that consumers spend an average of two hours per day with their apps. And they’re spending money on them, too. However, this may only be the beginning. Continue reading App Industry Continues to Boom, Five Years After it Began

According to the Obama administration and the Federal Communications Commission, customers should be able to switch cellular carriers and keep their own phones while doing so. With that support, it could soon be easier for consumers to take advantage of lower rates from competing carriers once the initial contract is fulfilled, and could also mean more price competition and added choices for cellphone users. Continue reading President and FCC Back Consumer Right to Unlock Phones

Google’s Roppongi Hills studio in Tokyo, Japan is making efforts to increase the amount of original international content on YouTube. The site is currently recruiting talent in order to launch international based channels. YouTube said that it has also created deals with other media companies in Asia and India, and has even agreed to host a channel in China with “state-owned” CNTV. Continue reading YouTube Makes Push to Launch More International Content

Slowly but surely Facebook is developing and understanding its own strengths regarding its ability to compete within the online advertising world. And the social networking giant is actively looking for ways to gain more ground on the online ad powerhouse that Google has become. But the problem remains, how does Facebook prove its value to online advertisers? Continue reading Facebook Bolsters Ad Efforts, Looks to Compete with Google