Signs of the (3D) Times?
The latest innovation in movie going appear to be new 2D glasses
designed to convert 3D back to 2D for folks who get headaches from the
viewing experience. They cost $10/pair at
Amazon. Meanwhile,
IHS Screen Digest
is reporting a precipitous drop in the global box-office admission
revenues, with many countries (including the U.S.) down more than 20% in
the first quarter. Part of the blame is pegged on the lack of a 3D
blockbuster like last year's "Avatar." (Get the report
here.) And finally,
Dreamworks boss
Jeffrey Katzenberg blames Hollywood for recent 3D debacles telling the
Hollywood Reporter, "It's really heartbreaking to see what has been the single greatest
opportunity that has happened to the film business in over a decade
being harmed. The audience has spoken, and they have spoken really
loudly."
Spectrum:
BTIG's
Walter Piecyk writes, "We believe that not only should the
FCC/DOJ approve the
AT&T/
T-Mobile deal but we think they should also
allow AT&T to acquire even more spectrum through government
auctions or by purchasing existing unused licensed spectrum. While
AT&T is very careful about anything they say given the pending deal,
it was clear at an investor meeting in NYC last [Thursday]night that
AT&T would be active bidders in any spectrum auctions that occurred
after the T-Mobile acquisition if the FCC permitted them. CEO
Randall
Stephenson remarked that he has yet to regret any spectrum purchases and
would be interested in acquiring more spectrum even after the T-Mobile
acquisition."
Analyze This Redux (in case you missed it from The Evening BRIDGE):
Google is to have a deal to acquire
AdMeld. ---
NY Times’
DealB%k reports
Morgan Stanley bought about 2% of
LinkedIn. ---
Midcontinent bought about 33K cable subs from
US Cable in Minnesota and Wisconsin. ---
NY Post reports
Liberty Media’s
Dr. John Malone is talking with
Live Nation’s
Irving Azoff about taking Live Nation private. ---
Bloomberg News reports investors who withdrew money from
Harbinger Capital Partners in Q1 were required to take over half in
LightSquared non-tradable shares.
Inside the Beltway: Lots of fallout from last week's
FCC
report on local media as pundits ponder the reported dearth in local
news ... and just who might find themselves in the government's sights.
(More public interest set-asides, anyone?)
Advertising: As online audiences grow, so do online ads. According to the
AP,
CBS has doubled the number of ads on its website videos from a year ago,
The CW is up 4x and, for some major cable nets, online ads now equal those via TV. --- Here's an ad pitch from the
Television Bureau of Advertising.
Looking at the steady decline of "wired cable" basic video subs, the
bureau proclaims "cord cutting" via alternative delivery systems (
AKA
DBS) and, in the words of TVB president
Steve Lanzano, “Advertisers who
buy cable locally need to know that local wired cable systems’ ability
to deliver commercials continues to erode."
Good for You:
The Sportsman Channel's Hunt.Fish.Feed community outreach is happening today, from 1:30 to 7:30 p.m. in Chicago. ---
Cox Enterprises has announced a $1M gift to the
Nature Conservancy's "Georgia for Generations" campaign.
Retrans & Renewals:
NBC affiliates are girding for a tap by
Comcast/NBCU to help pay for that
Olympics' bid. It's been done before ... question is how retrans dollars will figure in.
Buying Backers? POLITICO notes that some of the non-profits backing the
AT&T/T-Mo merger appear to have profited from the move. Says the site, such deal backers as the
NAACP, the
Gay & Lesbian Alliance Against Defamation and the
National Education Association have all received nice contributions from AT&T ... although, it should be noted, some of these date back several years.
Advertising/Marketing Redux (in case you missed it from The Evening BRIDGE):
AdWeek says the ‘upfronts’ had
ABC CPMs up 10-11%, about the same for
Fox and
CW but
CBS outfront with +13% and
NBC lagging at +9% (but all looking good dollar-wise) ... click
here.•