Social Wagering Service Betable Raises $3 Million

By
Mark Hefflinger
-
0

London – Betable, an online wagering service that lets users
create their own bets, has raised $3 million in first round funding led by
Atomico, the venture capital firm launched by Skype and Kazaa creators Niklas
Zennstrom and Janus Friis, PaidContent reported.

London-based Betable currently
only accepts wagers in the U.K.; U.S. law currently prohibits most forms of
online gambling.

The service rewards creators of bets with 30% of the money that
people wager on their creations, which the company collects upfront.

 

Related Links:
http://tinyurl.com/28y2s54
(PaidContent)

http://www.betable.com

SeatGeek Lands $1 Million for Predictive Ticket Pricing

By
Mark Hefflinger
-
0

New York – SeatGeek, the provider of a predictive pricing
service for sports and concert tickets, has raised $1 million in its first
round of financing, led by Founder Collective.

NYC Seed also participated in
the investment round, proceeds from which will be used to build out the
company’s engineering and business development teams.

Founded in 2009 after
being incubated at DreamIt Ventures in Philadelphia, New York-based SeatGeek
has built a database of millions of historical ticket transactions, and uses an
algorithm to crunch this data and spit out price forecasts.

For baseball
tickets, the company says, it also considers variables like a team’s record,
the weather, venue, and even the pitchers scheduled to play.

 

Related Links:
http://tinyurl.com/2g6eztt

Netflix: Subscribers Up 42% in Q2; 61% Used Instant Streaming

By
Mark Hefflinger
-
0

Los Gatos, Calif. – Online DVD rental service Netflix (NASD: NFLX) on
Wednesday reported a 42% rise in subscribers during the second quarter, to 15
million. The company also said that 61% of its subscribers used the company’s
Instant Streaming feature to stream TV episodes or movies to a computer or TV
set in the second quarter, up from 37% a year ago and 55% in the first quarter.


 

Related Links:
http://tinyurl.com/278t36r
(PDF)

Admins of U.K. BitTorrent Site Filesoup Face Copyright Charges

By
Mark Hefflinger
-
0

Los Angeles – Two administrators of veteran U.K.-based
BitTorrent file-sharing site Filesoup have been charged with conspiracy to
infringe copyright, TorrentFreak reports.  
Local authorities, along with the Motion Picture Association of
America-funded Federation Against Copyright Theft (FACT), conducted raids on
the site’s operations in 2009, arresting the two admins in the process. The
admins are reportedly out on bail, but must surrender to custody in early
August.


 

Related Links:
http://tinyurl.com/2erpbzh
(Engadget)

Blinkx Releases Mobile Video Index API for Developers

By
Mark Hefflinger
-
0

San Francisco – Blinkx, a searchable index of Web video, on
Wednesday released a new API that gives developers of mobile applications and
sites access to the company’s index of MP4 video. The mobile video index
includes millions of videos from Blinkx’s network of content partners,
including the Associated Press, CelebTV, Howcast and Lonely Planet.


 

Related Links:
http://tinyurl.com/2et2lrj

http://www.blinkx.com

BigChampagne Debuts Cross-Media "Ultimate Chart" for Music

By
Mark Hefflinger
-
0

Los Angeles – Media measurement firm BigChampagne has
introduced the Ultimate Chart — a weekly list of top songs and artists based
on data from traditional metrics, like sales and broadcast radio play, and
newer indicators like Internet video and radio streams. The Ultimate Chart
generates an artist’s score based on sales; broadcast; watching and listening;
and fans, friends and followers. The data is pulled from services including
iTunes, YouTube, Vevo, Clear Channel, Facebook, Rhapsody, Napster and Pandora.


 

Related Links:
http://www.bigchampagne.com

http://www.ultimatechart.com

Streaming Radio Service Pandora Hits 60 Million Users

By
Mark Hefflinger
-
0

New York – Streaming music service Pandora now counts 60
million registered users, president and CEO Joe Kennedy said at the New Music
Seminar on Wednesday. The company reported reaching 50 million users in April,
and 40 million in December. "Pandora plays the music of tens of thousands
of artists every day. It’s a very promising sign for the industry that music
fans are so quickly embracing this new form of radio," Joe Kennedy.


 

Related Links:
http://tinyurl.com/23mghd9

http://www.pandora.com

Mobile Location Service Foursquare Passes 100 Million Check-ins

By
Mark Hefflinger
-
0

New York – Location-based social mobile service Foursquare
has topped 100 million check-ins by its users, Mashable reported, citing a
tweet from Foursquare business development head Tristan Walker. The company
reported passing 40 million check-ins two months ago, and now sees users
sharing nearly 1 million check-ins daily.


 

Related Links:
http://tinyurl.com/2a69pff
(Mashable)

http://twitter.com/tristanwalker/status/19025789682

Live Streaming NBA Games Coming to iPad This Fall

By
Mark Hefflinger
-
0

Los Angeles – The NBA plans to bring its live streaming
games to Apple’s iPad this fall, PaidContent reported. "We anticipate
we’ll have our live streaming games available on iPad in the fall," said NBA
Digital senior vice president and general manager Bryan Perez. "This
(mobile growth) is happening so quickly, we needed to test as many business models
and pricepoints as possible — free app, paid app, team app — every single
team across three platforms (iPhone, Android, Blackberry)."


 

Related Links:
http://tinyurl.com/267jsqq
(PaidContent)

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