The 11th Hour Dispatch – Friday, April 13, 2018

| April 13, 2018

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BINGE WATCH

Comcast’s Xfinity X1 package will now include a built-in Netflix subscription thanks to a deal expansion between the two companies. The two already had a deal that put Netflix on Comcast’s X1 platform with voice search capabilities and a universal search function, and Netflix has been available as a simple add-on to a customer’s cable bill since then, too. The peacock-fanatic media conglomerate will take care of Netflix billing for its customers as part of the package. This is a huge deal for Netflix, as it potentially puts Netflix in front of the 52 million Americans that still don’t have a subscription to the streaming monster, and it won’t have to do any of the grunt work. 

YOUNG MONEY

The first film financed by blockchain will make its debut at Tribeca Film Festival this month. The psychological thriller BRAID was funded through a $1.7 million equity crowdsale on the Ethereum Blockchain, and it hit its funding goal in just two weeks. Blockchain entrepreneur and founder of ConsenSys, a blockchain software company, Joseph Lubin serves a executive producer of the film. Director Mitzi Peirone will speak on a panel at the festival on April 23 called “Future of Film — Blockchain: Can Blockchain Breed Blockbusters?” along with Peter Guglielmino, CTO for IBM’s Media & Entertainment Industry, and Daniel Hyman, VP of IBM’s Entertainment Finance and Development. 

BIG BUSINESS

Russia is the latest country to ban the messaging app Telegram nationwide. A Moscow court approved the ban this morning regarding Telegram’s refusal to give Russian services the ability to read encrypted messages of Russian users. It only took the court 18 minutes to put the ban requested by the communications and tech watchdog Roskomnadzor in effect. Telegram last reported a user base of 200 million, and a very large portion of those come from Russia and the Middle East. What’s extra interesting about this ban is that Telegram is used by many Russian government agencies, including the press office of Vladimir Putin, but a few who were asked about this said that they will move operations to Viber.

NOTHIN’ BUT ‘NET

This man ate Chipotle every day for three months and lost 22 pounds. But did he know that guac is extra??

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