Facebook Hits 4 Billion Daily Video Views in Q1; Mobile Ad Revenue Grows 80%
Facebook on Wednesday posted revenue for the first quarter of 2015 that was slightly below Wall Street expectations, but the social giant is still seeing solid growth — especially on the mobile and video front.
Business Insider http://read.bi/1DDTVcX
Pando Daily (via Fortune) http://for.tn/1GaOG6b
Opinions & Analysis
Digital Video Ad Revenues Hit $3.3B in 2014, but Mobile Is the Real Story
As the digital video world prepares for the fourth annual Digital Content Newfronts, the IAB has released a new study that shows continued growth in digital video ad revenues.
Business Insider http://read.bi/1bvY3FU
Why So Many YouTube Networks Are Hosting Their Own NewFronts Events
CDS, Fullscreen, StyleHaul to make their NewFronts Debuts
Deals & Signings
Facebook Lines Up 7 Branded-Content Video Partners Including Vice, Disney
Facebook teamed with seven media partners — including Vice Media, Disney’s Oh My Disney digital division and Electus Digital — to pitch marketers on developing sponsored video content for the world’s №1 social service.
Photobucket Buys Social Video Platform Milyoni, Its Second Acquisition This Year
Photo-sharing site Photobucket has just acquired its second company in a matter of weeks, following its pickup of photo chat app Lasso in March, which was fueled by the recent injection of $3.6 million in new funding. Today, the company will announce it has bought social video platform Milyoni, best known for its development of an interactive card format for digital content called “Madcards,” which are designed to work on mobile devices.
Streaming Video News
Hulu Japan Sets First Original Series, a Remake of Germany’s ‘The Last Cop’
The Nippon TV company, which was acquired by the Japanese broadcaster from Hulu in 2014, has acquired remake rights to the German drama “The Last Cop,” with plans to release the series on Hulu Japan later this summer.
Web Series Wednesday: Since Newfronts 2014….
Since Newfronts is coming up next week, we figured we’d revisit some of the best series that were announced at the event last year. Now showing on The New York Times, AOL, Hulu, Yahoo, and Vice News, these series mean that this year’s Newfronts have a lot to live up to. If publishers manage it, we’ll have some great web series to look forward to this later this year.
AOL to Debut NFL Docu-Series ‘Journey to the Draft’ from Deion Sanders
AOL, adding to its lineup of unscripted fare, next week will premiere “Journey to the Draft,” a 10-part docu-series from Deion Sanders about three college football players striving to make it into the National Football League.
iFlix, A Netflix Clone For Southeast Asia, Scoops Up $30M In Pre-Launch Funding
Video on-demand is looking like a hot market in Asia in 2015, after iFlix, one of a number of Netflix-like services to have sprouted up in Southeast Asia, landed a $30 million investment ahead of its imminent launch.
Nancy Tellem Named Exec Chairman and Media Chief at Interlude
Interactive video company Interlude has hired former CBS Television president and Xbox Entertainment Studios head Nancy Tellem as its new executive chairman and chief media officer.
LA Times http://lat.ms/1ySSwDy
Beachfront Media Launches Mobile-Video Syndication Platform
The platform lets content providers distribute their videos to a number of different publishers across Beachfront’s mobile app network. In the same way, the publishers that work with Beachfront now also have access to additional videos that they can use to create more ad inventory, the company said.
Fox Hires Ariff Sidi as SVP of Digital Products and Platforms
Fox Broadcasting has recruited Ariff Sidi as senior VP of digital products and platforms. Sidi reports to David Wertheimer, Fox’s president of digital, and is responsible for developing programs and products designed to optimize the performance of the network’s programming across nonlinear platforms.
BBC Youth Network’s Online-Only Move Delayed Until 2016
The BBC’s plans to make youth channel BBC Three an online-only network will be delayed until 2016 as the U.K. public broadcaster awaits a final decision on them from the BBC Trust, its governing body.
Digital Studio Everdream Formalizes Filmmaker-in-Residence Program (Exclusive)
The Atom Factory-backed company is working with film schools at USC, Chapman University and NYU to find young filmmakers to join their think tank-style digital studio.
Disney Joins in Criticism of Verizon’s Cable Plan
The dispute between Verizon and some of the most popular and prominent TV networks escalated on Wednesday when Disney said that the new, slimmer FiOS cable offering violated agreements with all of its cable networks.
Meet the Most Important Company in the Online Video Business
A portrait of Frank Sinatra hangs in Michael Kassan’s office in New York City. On its own, a tribute to the showman is not out of place in a Park Avenue office. I’m sure many advertising and media executives up and down the street — and on the adjacent Madison Avenue — style themselves after the Chairman of the Board.