Former News Corp. president reportedly places $500 million bid for Hulu

It is no secret that Disney and News Corp. have been looking into selling video-streaming service Hulu, with sources having dropped information over the past weeks about what is happening behind the scenes. Word had it the two companies were, at one point, looking at buying out the other to take control of the service, and then sources said they were entertaining potential buyers. Now individuals who are said to be familiar with the happenings have stated that News Corps.’ former president has placed a bid.

Screenshot from 2013-04-05 20:49:14

Peter Chernin was one of the individuals responsible for the early days of Hulu, and now it seems, if the sources are correct, that he has returned with a bid for the service. Chernin left Hulu back in 2009 to start The Chernin Group, which has holdings in a number of companies, including the popular online music streaming service Pandora.

His bid is said to be approximately $500 million, but neither his people, Disney, or News Corp. would comment on the rumor. Word has it that Disney and News Corp. have reached out to multiple potential buyers, but the two sources who provided this information do not know if any other bids have been placed for Hulu. All of this comes as methods for monetizing the service and taking it in a solid direction have been pondered.

Per past sources, News Corp. was leaning towards a model for Hulu that involved subscriptions as the primary way of monetizing the service, using something like the currently-implemented Hulu Plus service. Disney had different ideas, however, leaning more towards an advertisement-based model that would depend on advertisements, something the service also utilizes. For a long while, the two companies were unsure of whether they would sell the service, but if the sources are correct, it would seem they are close to making a decision.

[via Reuters]


Former News Corp. president reportedly places $500 million bid for Hulu is written by Brittany Hillen & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Hulu announces Andy Forssell as acting CEO

We’ve known for quite some time now that Hulu‘s CEO Jason Kilar will be leaving the company, a tidbit of information that first showed up in Variety back in August 2012. Since then, more information about the departure has been revealed, but one piece of the puzzle has been missing: who will replace him. That mystery ended today with a letter posted by Kilar on Hulu’s blog.

hulu

Mr. Kilar’s blog post originally went out as an email to the Hulu team, and in it he states that Andy Forssell will be taking his place as the acting CEO of Hulu at the end of this month when Kilar steps down. The current CEO then goes on to praise Forssell, who is currently a “critical” senior executive for the company.

Says Kilar: “You know Andy well; he’s been a critical senior executive and has been here from the start of this great adventure. Andy exemplifies the Hulu culture and has been central to Hulu’s journey, helping to grow this company from 2 content partners and no revenue to over 450 content partners and approximately $700 million revenue in 2012.”

He then goes on to state that Forssell has “strong support” from the Hulu board, having built relationships with many of its members. The decision is not final, however, and won’t be until News Corp. and Disney, the primary owners of the company, decide the direction they will take Hulu in, after which point they’ll decide if Forssell remains as the permanent chief executive.

[via Hulu]


Hulu announces Andy Forssell as acting CEO is written by Brittany Hillen & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

News Corp reveals education-equipped tablets

News Corp is planning on joining the tablet market soon with it’s own $299 tablet. But News Corp’s tablet won’t just be any standard tablet. Its tablet will be geared specifically towards teachers and students. The tablet will run on Android’s operating system, and will be powered by News Corps education brand, Amplify. The tablet is supposed to rival Apple’s iPad, which is currently the most preferred tablet in the education market.

News Corp reveals education-equipped tablets

News Corp’s Amplify tablet will come bundled with a lot of education apps. There will be Google apps for Education, educational music, video games, online textbooks, Merriam-Webster’s Dictionary, a graphic calculator, and a search engine that can find millions of hours worth of lessons and homework. There will also be access to videos from Khan Academy, as well as CK-12 textbooks. There will be lesson planners for teachers, principals, and parents, as well as tools to help them monitor their students’ performance.

The tablet is fully-equipped to provide a great education for students. Joel Klein, head of News Corp’s Amplify brand, stated, “The last thing we need is another pile of used laptops at the back of the classroom. This time is different. This is a fully integrated teaching and learning solution.” Klein states that if News Corp didn’t design a tablet that “really facilitates and changes teaching and learning, then we’ll be where we’ve been in the past.”

This new tablet could be a game-changer for education, and it could completely modify the way we homeschool children. But how much will this tablet really cost you? For the Wi-Fi only version, the tablet is $299, however you’ll have to pay a $99 annual subscription fee to Amplify for two years. It’s essentially a two year contract. To buy the 4G tablet, it’ll cost you $349 and a $179 annual fee for two years. The subscription includes all of Amplify’s educational materials, tech support via live chat, phone and e-mail, and professional development for teachers. While innovative, this tablet does have a pretty hefty price tag.

[via Fast Company]


News Corp reveals education-equipped tablets is written by Brian Sin & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

News Corp’s Education Tablet May Be The Bureaucratic Fit Schools Need To Adopt Tech

3006632-poster-amplifytabletorangecase

Public school systems are cheerfully decorated dictatorships: discipline, standards, and testing are the driving concepts of modern k-12 education. The very reason why districts purchase bundles of the same textbooks is so they can keep classrooms in lockstep alignment as teachers meticulous meet timely instructional goals. Amplify, NewsCorp’s new education division, finally revealed its long-awaited flagship product: a sophisticated tablet designed specifically for schools, which many finally be the perfect bureaucratic blend of classroom management, assessment, and monitoring that schools need to adopt technology en mass.

But what in the sam hill is News Corp. doing messing around in education? Well, it’s true that Rupert Murdoch is one of the more well-known (and polarizing) figures in the media landscape; his reputation precedes him, and it’s not one that’s typically been associated with education reform. While the News Corp. founder’s sudden transformation into an education reform advocate may seem a head-scratcher, the motivation becomes clear when, in Murdoch’s terms, one considers that K-12 education is a $500 billion sector in the U.S. alone — and one that remains relatively untouched by corporations like News Corp.

A little over two years ago, Murdoch set out leverage the News Corp. brand to help fix a public education system that, in his words, has “lower standards than American Idol,” hiring one of the more prominent figures in American education, former chancellor of New York schools, Joel Klein, to pursue opportunities in EdTech. With Klein as his new education guru, the pair quickly made their first big strategic move, acquiring New York-based software, assessment and data services startup, Wireless Generation, for a whopping $360 million.

However, News Corp.’s plans for education were quickly derailed by the infamous phone-hacking scandal that forced Klein leave his position to lead the company’s internal investigation. After two years of investigations, trials and more, News Corp. rebranded its education unit last summer as “Amplify,” revealing some of the basic tenets that would shape its digital strategy, which include “assessment via mobile tools, curriculum design and the online distribution of resources via AT&T-powered tablets,” as Greg wrote at the time.

Klein and company are convinced that, for public education reform to be successful, the private sector needs to get more involved — as does the role of technology in the classroom to help both teachers teach more effectively and help students learn. Amplify attempts to put those ideas into practice, by allowing the company to not only sell its curriculum on any tablet makes its way into schools, but by betting that schools will be willing to fork over a pretty penny to access blended learning tools (and an infrastructure to store learning data) all through a custom tablet.

Of course, Ammplify isn’t the first to offer these types of learning tools on mobile devices, as many startups (and even bigs like Pearson) already have similar cross-platform, web-based tools on the market. However, no particular device or platform has emerged as the clear leader, and by offering classroom management tools and features that one would expect from News Corp, like a kill switch that allows teachers to limit students’ access to apps on the tablet, Amplify hopes to get a leg up.












As to those features: Amplify’s Android-based 10″ tablet comes preloaded with all the basic learning software that teachers need to dole out information on any given subject: textbooks, multimedia lessons, Encyclopedia Britannica, and a graphing calculator. It even includes the widely popular Khan Academy suite of YouTube-based lectures, which were recently converted to an off-line textbook-style format.

More importantly, Amplify’s tablet suite is a managerial dream: teachers can carefully monitor students behavior, administrators can deploy content across an entire grade-level, and districts can evaluate schools with custom standardized tests.

Amplify gives teachers, as both disciplinarian and educator, impressive control. They can selectively enable or disable apps to direct student learning; distracted students get an “eyes on teacher” alert if their usage behavior indicates an inattentive mind. Impromptu polls and tests individually evaluates each student and gives them customized refreshers.

The very cost-structure of the tablet system is designed for administration. Even with a two-year subscription at $99 per year, the wifi-enabled tablet is still a pricey $299 (a 4G version is $349 with a $179/year contract). But, it’s meant to be purchased by whole schools, districts or states, and comes with 24-hour live technical support to ensure students are meeting goals in a timely fashion. If schools could replace some of their textbooks and IT overhead, the cost appears less daunting. But, it’s still high.

Just as important, Amplify has been built around the Common Core, a new national curriculum guideline emphasizing career and college readiness. Yet, since the federal government can’t set national standards, schools have been left to fend for themselves and develop their own tests. Amplify’s evaluation wing aims to ease the confusion and develop a reliable set of measures that can easily be distributed school-wide with the click of a button.

During Greg’s interview with Amplify CEO Joel Klein at Techcrunch’s Disrupt San Francisco, he made it clear that all of the wonderful hardware in the world won’t make a difference unless it’s built for the schools and teachers. There’s already a crowded market of education technology, from classroom management software ClassDojo, to tablet software from textbook giants McGraw-Hill and Pearson.

Successful players in the education space knew that schools need scale, structure, and support. When Google entered the market, they got buy-in from state-level officials and now have over 20 million users.

Klein, knows that education is a game of Monopoly: provide a school everything and ye shall receive everything. The result, in this case, may be the push that the education system needs to enter the 21st century.

Hulu CEO reportedly on the way out

Hulu might be going through some big changes within the next month, Variety reports. According to an uncovered internal memo, Hulu may find itself without a CEO at some point September, and the company may end up with less content to offer its viewers. If all of this is true, it could potentially change the streaming service as we know it.


Apparently Hulu’s CEO woes are brought on by the buyout of one of its investors, Providence Equity Partners. That buyout is expected to close sometime next month, and when it does, Variety says that “any Hulu executive with a significant number of vested shares” will be able to cash out. Hulu CEO Jason Kilar obviously has a lot of shares, and stands to make as much as $100 million in the event that the Providence deal closes successfully. That significant sum has Hulu worried he may take his $100 million and resign from the company.

Despite the worries, sources say Hulu isn’t searching for a new CEO just yet. Apparently Hulu board members have been talking to Kilar about his future with the company first, but so far those talks have been “without resolution.” This Providence buyout could bring more problems aside from having to search for a new CEO, however, as the memo also signals an incoming change in Hulu’s licensing agreements. It may not be long before News Corp. and Disney pare back their next-day offerings in an attempt to bring more visitors to their own websites, for instance.

Also a possibility is the end of exclusive content on Hulu. It’s suggested that these upcoming changes – or at least the possibility of them – might help convince Kilar to exit the company, but at the moment, all we have is this memo and Variety’s sources to go on. We won’t know what sweeping changes this Providence buyout brings with it until the purchase is officially on the books, but if these rumors are true, get ready for a pretty big shakeup at Hulu’s offices.


Hulu CEO reportedly on the way out is written by Eric Abent & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.


Roku pals with News Corp. for $45m hardware and content investment

Roku will use a $45m investment round to develop new digital media devices and services, after securing the backing of News Corp., BSkyB and others to build out its streaming platform. A combination of cash and “business agreements” are included in the deal, with Roku intending to increase its international footprint and “increase engineering and production” with further pushes into advertising, games, transactional and pay-per-view video along with content packages.

Roku is known for its range of eponymous set-top boxes, which provide a straightforward way to supply internet-based media to a regular TV. Originally focused on Netflix, Roku expanded its platform with various other “channels” for other providers, adding in games and more. Next up – on the public roadmap, anyway – is the Roku Streaming Stick, which will provide a more discrete way of accessing Roku services.

“The streaming stick is Roku’s first step in expanding its platform from streaming players to Smart TVs and other devices connected to the TV” the company said today in a statement [pdf link]. “With the News Corporation and Sky strategic relationships, we are poised to further grow our leadership position and to become the TV distribution platform of the future.”

While the financial backing will undoubtedly help Roku keep its R&D labs running for a while longer, it’s the unspecified business agreements that could have the biggest impact. Exactly what has been promised as part of the new deal hasn’t been revealed, but with News Corp. running Fox, Sky Sports, National Geographic, and dozens of other TV services, not to mention film studios and digital content, it might mean a fresh flush of channels for Roku users.

Meanwhile, News Corp.’s chief digital officer Jon Miller will join the Roku board of directors as a side-effect of the deal.


Roku pals with News Corp. for $45m hardware and content investment is written by Chris Davies & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.


News Corp launches Amplify educational unit, with help from AT&T (video)

News Corp launches Amplify educational unit, with help from AT&T

In light of recent scandals, it’s hard not to see this as a bit of image rehabilitation, but we’ll do our best to take it at face value. News Corp is bringing its 18-month-old educational division to the fore by rebranding it Amplify and teaming up with AT&T to put tablets in the hands of students. The unit will focus on developing products and services tailored for classrooms, ranging from kindergarten through high school. And, at the center of that ecosystem, will be the Amplify Tablet (which, judging from the video below, appears to be a modified Galaxy Tab). Videos, encyclopedia entries, books and even remote tutoring apps will all be just a tap away. The tablets will get their first trial run in the US during the 2012-2013 school year. With the phone hacking scandal behind him, former New York City school chancellor Joel Klein (who headed up News Corp’s internal investigation), is free to focus on getting Amplify rolling and into classrooms across the nation. Before you head off, make sure to watch the clip from AT&T after the break.

Continue reading News Corp launches Amplify educational unit, with help from AT&T (video)

Filed under: ,

News Corp launches Amplify educational unit, with help from AT&T (video) originally appeared on Engadget on Mon, 23 Jul 2012 13:30:00 EDT. Please see our terms for use of feeds.

Permalink   |  sourceReuters  | Email this | Comments