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Monday, July 30, 2012

Hollywood plugs in to tech start-ups

Elizabeth Lee of voanews.com writes:

Smart phones and tablet computers have become so popular that they are now a part of everyday life for many people around the world. These devices have also prompted an explosion of mobile applications. Hollywood is plugging in to this potentially profitable world of new technology.

Matt Kozlov may be the head of a start-up technology company, but his office is located in an upscale part of town with beautiful views and it's not unusual if he sees a movie star going up the elevator of his building.

“I'm working with some of my childhood heroes right now, which is something a lot of people can't say,” Kozlov brags.

He is working with big names such as singer and actor Jennifer Lopez and director John Woo. Kozlov's company, Moonshark, makes games for mobile devices.

“It's an exploding marketplace,” he explains. “Right now there are hundreds of millions of devices out there right now that we can reach. And these devices have turned eight-year-old kids, 40-year-old moms into gamers in a way we've never seen before.”

Kozlov says while consumers have a choice of hundreds of thousands of game applications created by different companies, Moonshark has a unique competitive advantage.

“We are the only mobile gaming company backed by an agency,” he notes.

Kozlov's office is in the building of one of the largest talent agencies in the world, Creative Artists Agency, CAA. The agency developed Moonshark and partnered with wireless technology company Qualcomm to make the company a reality.

“The biggest, biggest obstacle to mobile gaming companies is discoverability. How do people find your app?  How do you cut through the clutter?  We can pick up the phone and within a week, be in the room pitching the idea to a major mega A-list celebrity,” Kozlov says. “And that's something really no one else can do.”

CAA's Matt Mazzeo says these days, the talent agency not only finds jobs or negotiates contracts for actors and athletes, it is also helping celebrities get plugged in to the Internet so they can reach their fans in a different way.

“Increasingly clients at the agency think about digital and need to think about digital as it relates to their long-term career,” Mazzeo says.

CAA has founded five tech companies that range from sports to education to entertainment. The agency comes up with the idea, finds the best people for the job and uses its network of contacts to find funding for the start-ups.

“Our clients are going to continue to move into entirely new areas of storytelling and new ways of distribution,” Mazzeo says.

Jennifer Lopez is helping with Moonshark's first application, a finger break-dancing game called 'Dance Pad'. She consults on the dance moves and will help promote it. Moonshark is also working with international action director John Woo on an action game expected to be released the end of this year.

Originally published on voanews.com

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Opinion Articles

Are mobile networks about to cut down on free WiFi?

Mark Bridge writes:

I don’t mind paying for a spot of WiFi when I need it. Admittedly I’d prefer to find a coffee shop with a free hotspot but I’ll pay if I really need a connection. Not just here in the UK but abroad too.

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Safer Internet Day and the security risks facing young smartphone users

Mark Bridge writes:

It’s Safer Internet Day today, which is a European Commission-backed event that’s all about promoting the safer use of online technology - both fixed-line and mobile internet connections - with a particular focus on children and young people.

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Last week at The Fonecast: 6th February 2012

Mark Bridge writes:

Facebook’s certainly had its share of privacy concerns – but last week the social network revealed plans to go public in a very different way. It formally announced its intention to launch on the stock market; what is known in the USA as an Initial Public Offering. The IPO is expected to raise around $5 billion, although that’ll just be a fraction of the total (and as yet undisclosed) value of the company.

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Facebook to raise $5 billion from Initial Public Offering

Mil Arcega of voanews.com writes:

Facebook is going public. The world’s largest social media network filed documents late Wednesday for its much anticipated initial public offering (IPO). Analysts say the initial offer will raise about $5 billion in the first go around, making it one of the biggest in recent history. We take a look at how much the company is worth and what that could mean for investors.

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Last week at The Fonecast: 30th January 2012

Mark Bridge writes:

If you want a big money story from the last few days, you want Apple. The company announced its highest quarterly revenue ever, hitting $46.33 billion (£29.66 billion) with record quarterly profits of $13.06 billion. That’s probably enough money to buy the moon, assuming Newt Gingrich is prepared to sell it – or, in the real world, is one of the biggest quarterly profits ever.

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