Media update w.1842

Netflix continues to win the SVOD market. Mgmt believes there will eventually be a race of wallet share amongst competitors, thus far though. Creative talents want their shows watched and the best way to reach a big audience these days seems to be through Netflix. CNBC


Tech

  • Microsoft co-founder Paul Allen dies at age 65 of non-Hodgkin’s lymphoma TechCrunch and here is what Bill Gates writes in memory of Paul Gatesnotes
  • Google CEO Pichai says search is going to have to happen in China TheVerge
  • Paypal co-founder and Founders fund partner Ken Howery suggested as US ambassador to Sweden TheVerge
  • Amazon currently accounts for 30% of online grocery spending in the US Retaildive
  • Amazon expanding on their white labeled products CNN
  • Intel’s report on how 5G will/can transform the media and telco landscape Intel

Media

  • Lionsgate manages to sell international rights to a series they’ve already sold to Netflix Variety
  • Snap internal CEO letter outlining Profitability goal in 2019 leaks to Cheddar 
  • Spotify invests in distribution platform Distrokid – another step towards compteing with the labels DiDigital
  • Netflix considering ads TheNextWeb

Transportation

  • Lyft launches USD 299 monthly subscription for 30 rides Venturebeat
  • Uber is aiming USD 120 Bn valuation at IPO in 2019 WSJ
  • Google’s Waymo celebrates 10 million miles self-driven on public roads Twitter
  • Uber aims for 2021 launch of drone food deliveries WSJ

XR

  • Jaunt announces they’re shifting gears with staff layoffs and “pivots” towards AR Jaunt
  • TheVerge summarizes the possiblities of Magic Leap TheVerge
  • Start-up Ludenso enters the AR battle competing against Hololens and Magic Leap Venturebeat
  • Cornell University study shows that food appearantly tastes better when eaten in a pleasant VR environment Techcrunch
  • Super data report speaks to the impact of Oculus Quest and believes AR will ultimately be the technology winning the XR space Venturebeat
  • Will AR shopping have an impact on holiday shopping this year already? Apps like Wayfair’s home furniture app may open the flood gates some say Mobilemarketer

 

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