April 26, 2024

Amazon acquires Goodreads, aims to make better recommendations for Kindle users

So, Amazon has a reading platform called Kindle. Goodreads has a platform that makes fairly excellent suggestions when it comes to reading materials. You probably see where this is going. This evening, Amazon announced that it was acquiring one of the more popular reading recommendation engines, and while the outfit isn't making clear what it plans … [Read more...]

Babbel acquires PlaySay in bid to bolster US language learning presence

Babbel's been doing a solid job of picking up users as it attempts to help people around the world learn new tongues over their lunch breaks, but evidently, it's not picking up steam in the US as well as it would like. The remedy? Buy the market share one so desires. Today, the company has announced the acquisition of San Francisco's own PlaySay -- … [Read more...]

LG acquires webOS from HP, plans to use it in smart TV platform (updated)

Here's a wild one -- webOS has been revived, and the suitor may surprise you. LG has reportedly lifted the troubled webOS unit from HP's hands, but instead of using it in future smartphones or tablets, it's planning to inject the operating system across its smart TV portfolio -- finally adding a layer of truth to a rumor we first spotted in October … [Read more...]

Fox 2000 Acquires Sparks’ “Longest Ride”

Fox 2000 is closing a deal to pick up the film rights to "The Notebook" author Nicholas Sparks' next novel "The Longest Ride". The book, set to be published in September, deals with two intertwining love stories. The first deals with a snowbound elderly man who reminisces about the life he and his late love led in their younger years just after … [Read more...]

Millennium Acquires A “High Value Target”

Millennium Films has acquired Spenser Cohen's high-concept action script "High Value Target" which will serve as the scribe's directorial debut. The story chronicles Mantis, a lethal special-operations unit that attacks a boat operated by Somali pirates. Essentially unfolding in real time, the movie almost entirely deals with the raid itself on … [Read more...]

Universal Acquires ALS Tale “Breathe Deeply”

Universal Pictures has won a bidding war for Susan Spencer-Wendel's memoir "Breathe Deeply" says Variety. Spencer-Wendel quit her job as Florida court reporter after being diagnosed last year with Amyotrophic lateral sclerosis (ALS), which forced the 44-year-old author to confront her own mortality. It is expected that because of the motor … [Read more...]

Open Road Acquires “End of Watch”

Open Road films is locking down a deal to acquire U.S. distribution rights to "Harsh Times" and "Street Kings" filmmaker David Ayer's cop drama "End Of Watch" reports Deadline. The story follows two LAPD partners and best friends (Jake Gyllenhaal, Michael Pena), and scored a lot of free publicity last year as Gyllenhaal shaved himself bald for his … [Read more...]

Lionsgate Acquires Summit Entertainment

It's official, Lionsgate has acquired Summit Entertainment. Lionsgate closed its leveraged buyout of Summit in a deal for $ 412.5 million in cash and stock and the assumption of Summit’s $ 500 million debt reports Reuters. This brings together two of Hollywood's biggest mini-majors into an entity which will now control the "Twilight" franchise, … [Read more...]

Sisvel International acquires over 450 Nokia patents, most of which relate to wireless

Remember Sisvel International? You know, that company that linked up with Apple and Siemens in order to engage on a full-on patent assault during CeBIT 2010? It's back, and it's snapping up 47 patent families comprised of more than 450 patents and applications originally filed by Nokia. We're told that the patents and patent applications "cover … [Read more...]

Warners, Silver Acquires “Envoy” Thriller

Warner Bros. Pictures has acquired Robert Lynn's action thriller spec script "The Envoy" says Heat Vision. The story centers on young diplomatic courier discovers the sensitive information he's carrying in his routine delivery include stolen plans for an attack on American interests. He must make it to the American embassy in Vienna while … [Read more...]