September 15, 2014 12:20 PM
SAN FRANCISCO — People might know Lionsgate for its movies and television shows. But by building on the success of titles based on its franchises, like The Hunger Games, Lionsgate intends to go much deeper into the game business.
“We’re looking at our games business as the third leg of the stool,” Peter Levin, Lionsgate’s president of interactive ventures and games, said today at the GamesBeat 2014 conference in San Francisco.
For proof, recall Lionsgate’s investment in Next Games, a mobile game development shop based in Helsinki, Finland. And this isn’t the first time Kabam has worked on a movie license: The mobile game company created The Hobbit: Kingdoms of Middle-Earth for iOS and Android mobile devices.
Clearly, Lionsgate is keen to encourage the development of great games. Lionsgate has made movie writers and production companies available to the game developers with which it has partnered, said Chris Petrovic, the head of corporate development at Kabam. This is especially important as games based on films have left the traditional home game consoles for mobile devices.
Mobile devices in particular have become a larger part of content houses lately, and these are not merely marketing tools — the games can help reach global audiences. Widely used mobile operating systems could become a bigger platform in the future alongside gaming consoles.
And Lionsgate intends to play there.
“Long term, we would like to see games when applicable be a part of our roadmap of all IP,” Levin said.
In the next year, consumers could expect a half-dozen games come out with Lionsgate’s participation, he said.
Congrats Sr. Falconi,
You, Sarge, OBHF, OFP, and many other long time longs are very deserving of this windfall. It is the style of investing I enjoy the most. You reap the benefits of your fundamental DD and stay true to your convictions until proven otherwise. I am glad that AVNR seems to be over the worst in validating its drug pipeline as well as all the legal costs in holding onto its patents for dear life as Big Pharma tried to steal it away. Thank you for making my DD here streamlined for all the posts you all provided in getting me up to speed on the history and potential of AVNR. I am glad to be a fellow long. I don't think they will get this back down to $5 any time soon.
Congrats and good luck to all long time investors. I am so happy that you have been rewarded for your years of commitment and belief in the drug potential. Glad to have come in with you in 2013 and read your posts. You are a cool group of cult investors!
nice thought mgm. Credible, too. It would not be out of the realm for PM/DM/GVH studies to be halted based on dramatic results of psoriasis POC study. These people have been hopeless for help too long.
Some more from the article:
Kabam, whose shareholders include Time Warner Inc. TWX +0.07% 's Warner Bros. and MGM Holdings Inc., is known for movie tie-in games. Early next year, Kabam will start distributing a mobile-game spinoff of Warner Bros.' Hobbit series in China through Alibaba's mobile apps. When the latest film in the Hobbit series, "The Hobbit: The Battle of the Five Armies," hits theaters in China, people can play the game and also buy movie tickets on Alibaba's mobile apps, Mr. Chou said.Alibaba and Kabam have also discussed plans to distribute Kabam games through UCWeb Inc., a Chinese company Alibaba took full control of in June. UCWeb, which runs one of the major mobile-game platforms in China, will be a significant driver of Alibaba's game business, analysts say.
WHY IS THERE NO MENTION OF MJ GAME DUE OUT IN NOVEMBER THIS YEAR. ARE THEY IN A QUIET PERIOD WITH LGF IN LIGHT OF THEIR RECENT PARTNERSHIP WITH LGEW?
From the article in the last post:
China already has more than 350 million mobile gamers—more than those in the U.S. and Japan combined, according to research firm Newzoo. The firm expects China's mobile-game revenue to nearly triple to $6.6 billion in 2016 from $2.28 billion last year, overtaking the U.S. and Japan as the world's largest market. Newzoo projects U.S. revenue in 2016 to reach $6.4 billion and Japan revenue to hit $6.1 billion.
Alibaba is fiercely into expanding into mobile games. Lucky they have a partner like LGF to offer some franchise games to its customers. Here is an article detailing its increasing appetite for gaming strategy:
You used to make sense at least, but now you can't even read SEC documents or interpret events. Have the shorts taken you to the other side and now paying you to spread FUD to anyone that believed you in the past. IMO, your judgement is clouded and you are spreading inaccurate information.
Great day, you and I think alike. Congo doesn't know how to interpret SEC documents and pricing action accurately.
Congo, if Ingalls sold around 4M shares, the price action indicates that they had a very willing buyer to pay up for it in full. Wake up. Concerns?
Market Chatter: Verizon May Launch Digital Video Service by Mid-2015, CEO Says
09:02 AM EDT, 09/12/2014 (MT Newswires) -- Verizon Communications(VZ) is readying technology and negotiating deals with content providers to launch a digital video service over the Internet by mid-2015, CEO Lowell McAdam said at the Goldman Sachs Communacopia conference, the WSJ reported.
McAdam noted that the company already has much of the technology in place to launch the service and that content providers have become more open to discussions on delivering content over the web.
The company envisions a service similar to those offered by Netflix(NFLX) , Amazon(AMZN) and Hulu with the addition of live channel streaming.
McAdam also said he is willing to expand Verizon's(VZ) FiOS broadband Internet service to new markets.
BUSINESS 9/04/2014 @ 6:28PM 2,957 views
CBS' Showtime Could Offer An Online-Only Subscription
CBS CBS -0.38% COO Joseph Ianniello dropped a potential bombshell on the crowd at the Nomura Digital Media Conference in New York Thursday when he pointed out that nothing in Showtime’s contracts with cable and satellite providers prevents it from offering the channel direct-to-consumers. In other words, there’s nothing stopping CBS from offering an online standalone Showtime service that cord cutters could subscribe to without a cable or satellite subscription.
Ianiello didn’t say that anything like this is in the works but still, it’s a big deal. Networks like Showtime are cable’s bulwark against cord cutters abandoning the service in droves. The cable companies are quickly making it easier than ever to watch content online through apps like HBO Go, FXNow and WatchESPN but there’s a catch. In order to use them you have to authenticate that you have a cable or satellite subscription.
Maker Studios excels after Disney deal
5 Hours Ago
After Disney purchased multichannel network Maker Studios, monthly viewers more than doubled to nine billion, explains Jay Rasulo, Disney chief financial officer. He discusses Disney's acquisition strategy.
MORE MEDIA MERGING: Consolidation in media is heating up. Another big TV station merger was announced late Wednesday, the WSJ reports, between EW Scripps and Journal Communications. Both companies are perhaps best known as newspaper publishers but in truth, their broadcasting businesses are bigger. In the deal, the broadcasting assets and newspapers will be split into separate companies although Scripps’ shareholders will end up with a majority stake in each. Separating will make further acquisitions easier from a regulatory standpoint … Meanwhile, AMC Networks is in talks to buy a minority stake in BBC America, Bloomberg and WSJ reported. Under the deal being discussed, AMC would represent BBC America in distribution discussions with pay TV operators, giving BBC America the chance to boost its affiliate fee and increase its distribution. AMC isn’t exactly a major player but its flagship channel is known for hot shows, which gives it some leverage.
Alibaba might also be interested in Internet TV, in terms of both content and software, said Mewawalla of CM Research. A small studio such as Lions Gate, which has a market value of $4.5 billion, or privately held Roku are logical takeover candidates, he said.
Apparently, I am not the only one speculating on Alibaba purchase. This was just put out by Bloomberg:
Purchases could span mobile applications such as Snapchat Inc., an Internet-television provider like Roku Inc., smaller content studios such as Lions Gate Entertainment Corp. (LGF) and even cloud-software companies such as Akamai Technologies Inc. (AKAM), according to CM Research. A case can also be made for acquiring Yahoo! Inc. (YHOO), which owns a stake in Alibaba, though other transactions are more likely, said Yahoo shareholder Ironfire Capital LLC