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There’s a good chance Apple might buy Netflix

Charmaine Blake

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Apple could soon make a bid for Netflix, according to Citi analysts. While it’s complicated and far from certain, there’s a decent chance it might actually happen, and it all hinges on Donald Trump‘s corporate tax cut.

That’s because the GOP tax plan not only offers a significantly lower tax rate but also boasts a one-time repatriation of overseas cash. Apple is said to have $252 billion in foreign cash, which it can now bring back to the U.S. without a major tax hit. Citi analysts Jim Suva and Asiya Merchant believe there’s a chance the Cupertino giant will use those funds on a major acquisition.

The analysts ranked the companies Apple is most likely to acquire, and they gave Netflix 40 percent odds as the leading target. Second to Netflix is Disney, with a 20 to 30 percent chance of acquisition, but that was before Disney purchased 21st Century Fox assets. Other companies Apple may be eyeing include gaming firms Electronic Arts, Activision, and Take-Two (10 percent chance), and electric automaker Tesla (5 percent).

Apple has taken steps to grow its own TV business, but the results are still unclear. It recently launched its first set of original TV shows in Carpool Karaoke and Planet of the Apps, and it’s set to reboot the sci-fi classic Amazing Stories with Steven Spielberg. Apple was early to online video streaming with iTunes but has struggled to keep users tuned in as the market shifted to subscription-based services like Netflix, Hulu, and Amazon Prime.

While Apple is known for cautiously buying up startups and folding them into its operation, it may choose to make an exception and jump ahead of its growing competitors now that it has more funds to work with. Netflix has grown rapidly over the past decade and has more than 100 million subscribers worldwide. It spends billions on more than its original series, movies, and documentaries.

But until there are firm reports of discussions between these two tech powerhouses, you should take Citi’s predictions with a grain of salt. Apple’s largest acquisition to date was purchasing Beats for $3 billion 2014, so it seems unlikely that it would throw down $75 million for a service it already spent a significant amount competing against.

We have reached out to Apple and will update this article if we hear back.

Correction 11:01am CT: An early version of this report misstated the amount Apple spent to acquire Beats in 2014. That purchase was $3 billion, not $3 million.

Read more: https://www.dailydot.com/debug/apple-buy-netflix/

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8K TVs are coming, but you probably shouldn’t buy one yet

Charmaine Blake

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8K TV. Can you tell?

Image: Stan Schroeder/Mashable

“Every now and then, TV manufacturers start a new trend to keep the hype for their products going. If you bought a TV in the last year, a salesman probably told you that some iteration of HDR is a must-have. Your current TV likely supports 3D — and I bet you haven’t used that feature in ages.

The hot new thing at this year’s IFA, Berlin’s trade show which gathers the largest consumer electronics manufacturers, was 8K TVs. I’ve seen those TVs, and I can tell you, they all had an absolutely stunning picture.

I can also tell you that you absolutely don’t need one.

TVs with 8K resolution — that’s (typically) 7,680×4,320 pixels — have been around for a while, in the form of concept devices and prototypes. But the difference this year is that you’ll actually be able to buy one.

At IFA, Samsung unveiled its first-ever QLED 8K TV, the 85-inch Q900FN. It’s got all the bells and whistles you’d expect from a top-of-the-line Samsung TV, including crazy-good contrast, brightness and HDR10+ support. I’ve seen it, and it’s gorgeous. It displayed a short video showing owls and bridges and a lady walking over a meadow and I could clearly see every blade of grass, every feather.

LG, Toshiba, and other manufacturers also had 8K TVs on display at the show, their picture equally beautiful to my eyes.

Toshiba’s 8K TV, displaying a static photo of buttons.

Image: Stan Schroeder/Mashable

It’s tempting to think that this is the next big thing in TVs — after all, Full HD TVs were so much better than the HD Ready ones, and 4K TVs are so much better than Full HD TVs. It’s just natural that the resolution keeps increasing, right?

Well, no.

While it’s possible to tell the difference between 4K and 8K picture, the difference is nowhere near as stunning as the difference between 4K and 1080p a.k.a. Full HD resolution. Your eyes are the limiting factor here, and while the actual numbers get a little complicated, the simple test of actually going to a store and looking at a 4K vs. 8K TV will show you that the difference is not dramatic………………………”

Read more: https://mashable.com/article/8k-tvs/

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Streaming TV services now reach 5% of U.S. Wi-Fi households, up 58% since last year

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“The number of U.S. households watching streaming TV services – those that deliver cable TV-like programming over the internet – has grown a remarkable 58% over last year, according to new data from comScore. However, these services still account for a small portion of the overall market, as only 5 percent (4.9 million) of U.S. households with Wi-Fi streamed TV over one of these services in April 2018.

In citing that number, comScore was specifically looking at what it called “pure-play” vMVPDs (virtual multichannel video programming distributors) – a variation on a fancy industry term that refers to live TV services like Sling TV. These services stream multiple channels over the internet without supplying infrastructure like coax cable to do so, and don’t offer other content like original programming or user videos.

Today’s lineup of these “vMVPDs” includes: Sling TV, DirecTV Now, Playstation Vue, fuboTV, Philo, YouTube TV, and Hulu with Live TV. These “pure-play vMVPDs,” as comScore referred to them, are basically that same list, excluding Hulu Live and YouTube TV, as those also include access to non-linear, digital-only content like original programming.

The firm found that consumer adoption of these “pure-play” live TV services is growing significantly, as more people cut the cord with traditional pay TV………………”

Read more: https://techcrunch.com/2018/08/16/streaming-tv-services-now-reach-5-of-u-s-wi-fi-households-up-58-since-last-year/

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Amazon is looking beyond the small screen with potential cinema chain

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Amazon could be looking to buying a chain of cinemas.

Image: Getty Images/iStockphoto

“Amazon has already established brick-and-mortar stores selling its products and groceries, and now it apparently wants a slice of the cinema business.

As reported by Bloomberg, Amazon is looking to acquire Landmark Theatres, which claims to be the largest cinema chain dedicated to independent and foreign films, with 52 theatres in 27 markets.

The e-commerce giant is reportedly working with other suitors to buy the chain from Mark Cuban and Todd Wagner-backed Wagner/Cuban Cos. There have been no decisions made, and with talks still to come, it’s not set in stone that a deal will go ahead.

The potential move into brick-and-mortar cinema echoes Amazon’s efforts to look further than its online presence in recent years, as evidenced by its real-life bookstores and its foray into checkout-free grocery shopping, Amazon Go, not to mention its $14 billion acquisition of grocery chain Whole Foods.

But Amazon’s potential entry into physical cinemas could help further sure up the profile of its Amazon Studios films, such as Manchester by the Sea, an Amazon Original which was nominated for an Academy Award for Best Picture in 2017.

Despite the accolades, there is general tension between newfangled streaming services and the film industry. These concerns are primarily directed to the biggest disrupter of them all, Netflix, which is aggressive in its stance to only show its own films on its service.

Steven Spielberg said earlier this year that Netflix films which either don’t show in cinemas, or only for a short time to satisfy movie awards criteria, shouldn’t get accolades like an Oscar.

“Once you commit to a television format, you’re a TV movie. If it’s a good show, deserve an Emmy, but not an Oscar,” Spielberg told ITV News.

“I don’t believe films that are just given token qualifications in a couple of theaters for less than a week should qualify for the Academy Award nomination.”

Although Amazon is also a disruptor, it sticks to convention when it comes to distribution. It runs movies in cinemas for months before they sit on Prime Video, and is public about ensuring its films screen in theaters.”

Read more: https://mashable.com/2018/08/16/amazon-cinema-landmark-theatres/

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