LightSquared, a wireless company that filed for bankruptcy in 2012, proposed a new restructuring plan that would give Dish Network Chairman Charlie Ergen 60 percent of the new equity in addition to $1 billion in junior debt. J.P. Morgan Chase, a LightSquared lender, would come away with 31.9 percent of the equity and a seat on the board of directors if the investment bank provides $189 million in funding. The restructuring plan is intended to raise between $750 million and $1 billion. Continue reading Dish Network Executive to Take Over LightSquared Wireless

Taylor Swift abruptly pulled her entire collection of music from the world’s most popular music streaming service Spotify earlier this week. The move comes just as her “1989” album went platinum, which has become almost unheard of in the music industry as album and digital download sales plummet. Swift has the money and exposure to sustain her brand without streaming, so like the Beatles, Beyoncé, and Thom Yorke and Nigel Godrich of Radiohead, she has snubbed Spotify. Continue reading Taylor Swift Joins the Ranks of Musical Artists Not on Spotify

Flipboard has grown popular as a personalized digital magazine, allowing users to flip through articles from multiple sources across 30,000 topics. While Flipboard was initially designed for Apple’s iPad, the phone app is now used by 70 percent of its users. Flipboard’s acquisition of Zite has introduced the ability to easily recommend personalized articles in more specific subjects. Now, Flipboard 3.0 is available for tablets and smartphones running iOS, Android and Windows Phone. Continue reading Flipboard Mobile App Focuses on Personalization, Navigation

Amazon Studios entered the original programming business with the intent of developing quality content on par with that of premium networks such as HBO. Programming of HBO caliber however, is not possible without the necessary financial commitment to help producers. “There was never any need to go back to them (to ask for more money)… You don’t worry they’ll say, ‘Let’s do it for less,’” says creator Garry Trudeau of his experience with the studio on its debut hit, “Alpha House.” Continue reading Amazon Studios is Determined to Compete with HBO Originals

As part of its continued media and digital content expansion to take on companies such as Netflix, Amazon is set to acquire online comedy service Rooftop Media. The service gives viewers access to live and on demand recorded content from comedy acts across the country. While specifics of the deal remain undisclosed, the 10-person company will be acquired by Audible, a growing seller of online audiobooks that Amazon purchased in 2008 for $300 million. Continue reading Amazon Expands Entertainment Offerings with Comedy Service

Ellen DeGeneres is launching Ellentube, a website and app that will screen exclusive content from her popular daytime television program. The TV personality already runs one of the largest YouTube channels focused on television content. Now, along with executive producers Mary Connelly, Ed Glavin and Andy Lassner, DeGeneres has created Ellentube for interactive use. Fans will be able to upload videos, the best of which will be deemed suitable for a showcase on her daily program. Continue reading Ellen DeGeneres Goes Interactive with Ellentube App and Site

According to a recent Piper Jaffray study, contrary to popular belief, teenagers have yet to abandon the MP3 as the traditional way to listen to music. Given a sample of about 7,200 teens, Piper Jaffray concluded that nearly 42 percent preferred an MP3 player to Pandora, local radio, CDs, Sirius XM and other streaming services. This data however, omits key trends, including the use of Spotify and YouTube, and may not be the best interpretation of how teenagers listen to music today. Continue reading New Study: The Mystery Behind the Way Teens Listen to Music

Marriott International is making an effort to to attract a younger generation of travelers by providing new entertainment. The company has added YouTuber Jack Harries, Snapchatter Casey Neistat, and “Ghost Whisperer” producers Ian Sander and Kim Moses to its list of content creators. The newly launched Marriott Content Studio has debuted a Web series titled “Marriott Rewards’ Year of Surprises” with a monthly celebrity host, along with a co-production deal with tech startup Naritiv. Continue reading Marriott Turns to New Media to Draw Today’s Young Travelers

According to Bernstein Research senior analyst Todd Juenger, there has been an unprecedented drop in TV ratings during the summer and fall seasons, which can be attributed to a growing number of viewers opting for streaming services such as Netflix, Amazon and Hulu. Juenger suggests that traditional ad-supported TV viewing has declined over the last year by an average of 13 minutes per day, while Netflix viewers are spending 12 minutes more each day watching video content via the video service. Continue reading Netflix to Blame for Recent Decline in Traditional TV Ratings?

Roku announced that its channel selections now include Google Play Movies & TV, which allows users to watch films and shows rented or purchased via Google Play. Unlike the Google Play Movies & TV app for iOS, users will be able to access content directly through the Roku channel. This may seem like odd news since Google recently announced its own Android TV streaming box, the $100 Nexus Player, which will launch this month. In related news, Vudu is now available on select TiVo models. Continue reading Google Play Movies & TV Comes to Roku, TiVo Includes Vudu

Facebook’s Instagram introduced autoplay video ads into its users’ feeds last week. Activision, Banana Republic, the CW, Disney and Lancome are the initial advertisers to strike a deal with Instagram for the 15-second spots. The company reviewed all of the video ads before the launch to ensure that they fit with Instagram’s overall vibe and contain fresh content. Other social network competitors, like Tumblr and Snapchat, have also recently added autoplay video ads. Continue reading Instagram Launches Carefully Curated Autoplay Video Ads

Facebook CEO Mark Zuckerberg imagined that the Oculus virtual reality technology his company acquired would eventually go beyond gaming — and it looks like that trend is already taking shape. Developers from a wide variety of industries are working on new apps for the Oculus Rift that could be used by stock traders, educators, psychiatrists, astronauts, filmmakers and others. The Oculus Rift is making VR more accessible because of its relatively low cost and growing variety of content. Continue reading Oculus Rift Virtual Reality Technology Not Just About Gaming

While the Avegant Glyph will primarily be sold as an audio headset, it can also display content from any game console, television, smartphone, or tablet. The display uses two million mirrors to project video onto a user’s retina. The device also contains sensors to detect pulse, oxygen, pupil dilation, and temperature, so that games could become even more interactive. The $500 Avegant Glyph is expected to ship by March 2015; pre-orders are being accepted now. Continue reading Avegant Glyph Audio Headset Also Impressive Retinal Display

Speaking at the WSJD Live global tech conference in Laguna Beach on Wednesday, filmmaker James Cameron discussed how his upcoming “Avatar” sequels will be influenced by virtual reality, noting that he now directs his cast using VR headsets and is increasingly involving CGI designers more closely during the scriptwriting process. While he does not anticipate his three films to be viewed on VR headsets, Cameron envisions a future in which VR devices will impact how audiences experience movies. Continue reading WSJD Live: James Cameron on Virtual Reality and Cinema

HP is planning to release a 3D printer in 2016 that the company claims will perform up to 10 times faster than today’s 3D printers. Primarily targeting large industrial companies, the printer is expected to be more affordable than models currently on the market. HP also announced a new all-in-one computer system called Sprout, with a 3D scanner as its most innovative feature. Sprout, available November 9 starting at $1,899, is a design-oriented system that includes a projector, camera, and touchscreen. Continue reading HP Unveils Design-Oriented Computer, Plans for 3D Printer