- Shazam
raises $32 million to expand music, TV services
- Adele
reschedules concert dates canceled because of laryngitis
- The Princess Bride
- NBA draft 2011
trade breakdown
- Miracle of the Day
- Husband recieve the lord
***
Shazam
raises $32 million to expand music, TV services
Shazam, whose technology lets people use their cell phones to learn the names of catchy songs, has raised $32 million in funding to bolster expansion plans and move the company closer to a potential public stock offering.
The new funding, led by venture capital firms Kleiner Perkins Caufield & Byers and Institutional Venture Partners, will allow Shazam to double its 100-person staff and accelerate product development as it steps up efforts to expand into the television market.
The company would not disclose the valuation it received in the funding round, but Chief Executive Andrew Fisher told Reuters that it was in the "hundreds of millions of dollars."
Valuations of Internet companies have soared in recent months, as investors snap up shares of privately held companies that are developing fast-growing social networking and mobile computing services.
LinkedIn Corp, a professional social networking website, and online music service Pandora Music Inc had splashy initial public offerings in recent weeks. LinkedIn's shares more than doubled on their first day of trading, while shares of Pandora gained as much as 30 percent on the first day, but have both since sunk below the opening price.
Fisher said the recent IPO activity has had no influence on his views about going public and he said that Shazam has made no decision about whether to list its shares on the public market. But he said that Shazam, which has nearly 150 million users, was on track to be considered an "IPO candidate" in 18 months as the company makes progress developing its business and its financial performance.
Shazam, which is based in London, does not disclose its revenue, but the company has been profitable for two years.
While the company is best known for its music-recognition software, which runs on cell phones and analyzes the sound waves of music played on the radio or in restaurants, Shazam is increasingly focusing on the television market.
As a result of deals that Shazam has struck with TV networks including Comcast Corp's NBC Universal and with advertisers, consumers can point their cell phones to their TV sets during certain television shows and commercials to access perks such as special offers and additional videos.
Fisher said he expects revenue from the TV business to account for 50 percent of Shazam's revenue in two years. And the company said it is on track to have 250 million users within two years.
DN Capital, an existing Shazam investor, is also participating in the company's latest funding round.
***
Adele reschedules concert dates canceled because of laryngitis
Adele is back in action and has resumed the North American tour that was abruptly halted earlier this month by a bout of laryngitis. The British soul singer, whose sophomore album “21” topped the U.S. sales chart for 10 weeks, has rescheduled 14 dates she called off because of illness, and added six more to the itinerary.
She’ll make up her missed performance at the Greek Theatre in Los Angeles on Aug. 15 and her date at the Hollywood Palladium
on Aug. 17, two of 10 shows she’ll play in August, beginning Aug. 9 in Vancouver, British Columbia. The other 10 will move to October, wrapping up Oct. 21 in Grand Prairie, Texas.
The six new dates will tour stops her to Las Vegas; Atlantic City, N.J.; Durham, N.C.; Orlando, Fla.; Miami and Spring, Texas. Pioneering rockabilly singer Wanda Jackson, who had been slated to open most of Adele's tour, will appear on the bill for her August dates, but not for the October leg, according to a spokesman for Sony Music, Adele's label.
Despite the 1-million-plus first week sales of Lady Gaga’s blockbuster “Born This Way” album earlier this month, "21" remains the best-selling album of 2011 and reclaimed to the No. 1 slot weeks after “Born This Way” spent just two weeks there, according to Nielsen SoundScan. Adele's album was bumped out of the top spot this week by “Hell: The Sequel,” the new rap EP from Eminem and Royce da 5’9”.
***
The Princess Bride
The Princess Bride is a 1987
American film based on the 1973 novel of the same name by William Goldman, combining comedy, adventure, romance, and fantasy. The film was directed by Rob Reiner from a screenplay by Goldman. The story is presented in the film as a book being read by a grandfather (Peter Falk) to his sick grandson (Fred Savage), thus effectively preserving the novel's narrative style. This film is number 50 on Bravo's "100 Funniest Movies," number 88 on The American Film Institute's (AFI) "AFI's 100 Years... 100 Passions" listing the 100 greatest film love stories of all time, and 46 in 50 Greatest Comedy Films.
***
NBA draft 2011
trade breakdown
The 2011 NBA draft produced a number of trades, none bigger than the first of the day: a three-team deal between the Sacramento Kings, Milwaukee Bucks and Charlotte Bobcats that involved three first-round picks and five players, including Stephen Jackson(notes). Here are the particulars of each of the day’s trades.
Kings-Bucks-Bobcats: The Kings traded the draft rights to forward Bismack Biyombo (No. 7) to the Bobcats and guard Beno Udrih to the Bucks for forward John Salmons and the draft rights to guard Jimmer Fredette (No. 10). The Bucks also received Jackson and guard Shaun Livingston and the draft rights to Tobias Harris (No. 19). The Bobcats also received forward Corey Maggette.
raises $32 million to expand music, TV servicesShazam, whose technology lets people use their cell phones to learn the names of catchy songs, has raised $32 million in funding to bolster expansion plans and move the company closer to a potential public stock offering.
The new funding, led by venture capital firms Kleiner Perkins Caufield & Byers and Institutional Venture Partners, will allow Shazam to double its 100-person staff and accelerate product development as it steps up efforts to expand into the television market.
The company would not disclose the valuation it received in the funding round, but Chief Executive Andrew Fisher told Reuters that it was in the "hundreds of millions of dollars."
Valuations of Internet companies have soared in recent months, as investors snap up shares of privately held companies that are developing fast-growing social networking and mobile computing services.
LinkedIn Corp, a professional social networking website, and online music service Pandora Music Inc had splashy initial public offerings in recent weeks. LinkedIn's shares more than doubled on their first day of trading, while shares of Pandora gained as much as 30 percent on the first day, but have both since sunk below the opening price.
Fisher said the recent IPO activity has had no influence on his views about going public and he said that Shazam has made no decision about whether to list its shares on the public market. But he said that Shazam, which has nearly 150 million users, was on track to be considered an "IPO candidate" in 18 months as the company makes progress developing its business and its financial performance.
Shazam, which is based in London, does not disclose its revenue, but the company has been profitable for two years.
While the company is best known for its music-recognition software, which runs on cell phones and analyzes the sound waves of music played on the radio or in restaurants, Shazam is increasingly focusing on the television market.
As a result of deals that Shazam has struck with TV networks including Comcast Corp's NBC Universal and with advertisers, consumers can point their cell phones to their TV sets during certain television shows and commercials to access perks such as special offers and additional videos.
Fisher said he expects revenue from the TV business to account for 50 percent of Shazam's revenue in two years. And the company said it is on track to have 250 million users within two years.
DN Capital, an existing Shazam investor, is also participating in the company's latest funding round.
***
Adele reschedules concert dates canceled because of laryngitis
Adele is back in action and has resumed the North American tour that was abruptly halted earlier this month by a bout of laryngitis. The British soul singer, whose sophomore album “21” topped the U.S. sales chart for 10 weeks, has rescheduled 14 dates she called off because of illness, and added six more to the itinerary.
She’ll make up her missed performance at the Greek Theatre in Los Angeles on Aug. 15 and her date at the Hollywood Palladium
on Aug. 17, two of 10 shows she’ll play in August, beginning Aug. 9 in Vancouver, British Columbia. The other 10 will move to October, wrapping up Oct. 21 in Grand Prairie, Texas. The six new dates will tour stops her to Las Vegas; Atlantic City, N.J.; Durham, N.C.; Orlando, Fla.; Miami and Spring, Texas. Pioneering rockabilly singer Wanda Jackson, who had been slated to open most of Adele's tour, will appear on the bill for her August dates, but not for the October leg, according to a spokesman for Sony Music, Adele's label.
Despite the 1-million-plus first week sales of Lady Gaga’s blockbuster “Born This Way” album earlier this month, "21" remains the best-selling album of 2011 and reclaimed to the No. 1 slot weeks after “Born This Way” spent just two weeks there, according to Nielsen SoundScan. Adele's album was bumped out of the top spot this week by “Hell: The Sequel,” the new rap EP from Eminem and Royce da 5’9”.
***
The Princess Bride
The Princess Bride is a 1987
American film based on the 1973 novel of the same name by William Goldman, combining comedy, adventure, romance, and fantasy. The film was directed by Rob Reiner from a screenplay by Goldman. The story is presented in the film as a book being read by a grandfather (Peter Falk) to his sick grandson (Fred Savage), thus effectively preserving the novel's narrative style. This film is number 50 on Bravo's "100 Funniest Movies," number 88 on The American Film Institute's (AFI) "AFI's 100 Years... 100 Passions" listing the 100 greatest film love stories of all time, and 46 in 50 Greatest Comedy Films.***
NBA draft 2011
trade breakdownThe 2011 NBA draft produced a number of trades, none bigger than the first of the day: a three-team deal between the Sacramento Kings, Milwaukee Bucks and Charlotte Bobcats that involved three first-round picks and five players, including Stephen Jackson(notes). Here are the particulars of each of the day’s trades.
Kings-Bucks-Bobcats: The Kings traded the draft rights to forward Bismack Biyombo (No. 7) to the Bobcats and guard Beno Udrih to the Bucks for forward John Salmons and the draft rights to guard Jimmer Fredette (No. 10). The Bucks also received Jackson and guard Shaun Livingston and the draft rights to Tobias Harris (No. 19). The Bobcats also received forward Corey Maggette.
Spurs-Pacers: The San Antonio Spurs traded guard George Hill to the Indiana Pacers for the draft rights to forward Kawhi Leonard (No. 15), forward Davis Bertans (No. 42) and forward Erazem Lorbek (No. 46, 2005)
Timberwolves-Rockets-Bulls: The Minnesota Timberwolves traded guard Jonny Flynn(notes) and the draft rights to Donatas Motiejunas (No. 20) to the Houston Rockets for center Brad Miller, the draft rights to Nikola Mirotic (No. 23), Chandler Parsons (No. 38) and a future first-round pick. The Timberwolves traded Mirotic’s rights to the Chicago Bulls for the rights to Norris Cole (No. 28) and Malcolm Lee (No. 43). The Timberwolves then sold the rights to Parsons back to the Rockets.
Nets-Celtics: The New Jersey Nets traded the draft rights to JaJuan Johnson (No. 27) and a 2014 second-round pick to the Boston Celtics for the draft rights to Marshon Brooks (No. 25)
Blazers-Nuggets-Mavericks: The Denver Nuggets traded guard Raymond Felton to the Portland Trail Blazers for guard Andre Miller and the draft rights to Jordan Hamilton and a future second-round pick. The Trail Blazers traded guard Rudy Fernandez and the draft rights to Petteri Koponento (No. 30, 2007) to the Dallas Mavericks. The Trail Blazers also received the draft rights to Tanguy Ngombo (No. 57)
Timberwolves-Heat: The Timberwolves traded Norris Cole (No. 28) to the Miami Heat for the draft rights to Bojan Bogdanovic (No. 31), a future second-round pick and cash considerations
Timberwolves-Heat: The Timberwolves traded Norris Cole (No. 28) to the Miami Heat for the draft rights to Bojan Bogdanovic (No. 31), a future second-round pick and cash considerations
Timberwolves-Nets: The Timberwolves traded the draft rights to Bojan Bogdanovic (No. 31) for a future second-round and cash. Story.
Cavaliers-Magic: The Cleveland Cavaliers traded the draft rights to Justin Harper (No. 32) to the Orlando Magic for two future second-round picks.
Cavaliers-Magic: The Cleveland Cavaliers traded the draft rights to Justin Harper (No. 32) to the Orlando Magic for two future second-round picks.
Bobcats-Warriors: The Bobcats traded the draft rights to Jeremy Tyler (No. 39) to the Golden State Warriors for cash considerations.
Hornets-Knicks: The New Orleans Hornets traded the draft rights to Josh Harrellson (No. 45) to the New York Knicks for cash considerations
Lakers-Nuggets: The Los Angeles Lakers traded the draft rights to Chukwudiebere Maduabum (No. 56) for a future second-round pick.
***
Miracle of the Day
***
Miracle of the Day
Husband recieve the lord
hostgator coupon
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