Interactive TV News Round-Up (III): Lions Gate, Movieclips, YouTube, Roku
--Lions Gate Planning Early VOD Release of Taylor Lautner Vehicle, "Abduction"
--Movieclips in Deal to Bring 20,000+ HD Hollywood Movie Clips to YouTube
--Roku Secures $8 Million in New Funding
Because the [itvt] editorial team has been on the road the past few weeks, we are covering stories in this issue in round-up/summary format. We anticipate that it will take us several days to catch up with all the recent news: so if your company has sent us a press release or briefed us on an announcement, and you don't yet see your news covered in this issue, please bear with us.
- Lions Gate Entertainment plans to offer the forthcoming Taylor Lautner movie, "Abduction," on operator and broadband VOD platforms just three months after its release for $6.99 (SD) or $7.99 (HD), according to a story in Bloomberg that cites "people familiar with the plan." The movie, which is scheduled to open in theaters on September 23rd, is slated to be offered via VOD on December 23rd, and to be released via DVD in January.
- Online video company, Movieclips, has announced a deal with Google that it says will see it bringing over 20,000 licensed HD clips from Hollywood movies to YouTube. "The clips will be featured in the Movie Extras on the YouTube VOD platform (youtube.com/movies) and will be accessible through the Movieclips YouTube channel (youtube.com/movieclips)," the company states in its press materials. "Movieclips has the largest collection of licensed Hollywood movie scenes on the Web. Using the company's proprietary technology, a team of content curators assigns up to 1,000 points of relevant data points to every scene relating to everything from action to mood to setting, and prop. This data enables consumers to discover movies through curated lists and games...This partnership between Google and Movieclips will mean that for the first time YouTube users will have access to their favorite scenes in the form of high-quality clips licensed directly from the movie studios and never before available on YouTube. Each HD clip uploaded by Movieclips will direct users to thousands of related clips after it finishes. The Movieclips Channel will also offer movie games, clip mash-ups, trivia, trailers, and original movie-related shows and programming." Movieclips recently secured $7 million in a Series B funding round that was led by MK Capital.
OTT set-top box company, Roku--which recently launched the next generation of its flagship set-top product line (see the article published on itvt.com, July 20th)--has secured $8 million in new funding, according to a form D that was filed with the SEC last week. Participating in the round were Globespan Capital Partners, Menlo Ventures, and a number of individual investors. Roku is looking to raise an additional $750,000 as part of this funding round. VentureBeat has more.