Turns out the partnership Sony and Funimation forged to create the latter’s streaming service wasn’t a one-off thing. Sony Pictures is currently in the process of buying 95 percent of Funimation for $143 million, putting the anime distributor’s value at around $150 million. Funimation’s streaming website, which launched earlier this year, has over 400 titles on offer, including Dragon Ball Z, Cowboy Bebop, One Piece and Attack on Titan . While the service is new, the company itself has been selling anime DVDs and merchandise for over two decades. Sony isn’t a newcomer in the space either — it owns the ANIMAX network, which airs anime in 23 countries around the globe, including Japan. It also owns AXN, a cable TV channel that broadcasts anime, action shows, movies and sports programs. By acquiring 95 percent of Funimation, though, it will also be in direct competition with Netflix and Hulu, which have animated offerings on top of TV shows and movies. Sony Pictures Television President Andy Kaplan said: “Around the world, Sony’s networks have been major players in the anime space for nearly two decades, and in more recent years we have rapidly increased our networks’ over-the-top and digital offerings to consumers. With the acquisition of Funimation, the combined IP of ANIMAX, KIDS STATION and Funimation allows us to deliver the best anime to fans across all screens and platforms.” Source: Sony Pictures
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Tesla runs an entire island on solar power
Now that Tesla has officially acquired SolarCity , it’s not wasting any time showing what the combined entity can do. Tesla has revealed that it’s running the island of Ta’u (in American Samoa) on a solar energy microgrid that, at 1.4 megawatts, can cover “nearly 100 percent” of electrical needs. It’s not just the 5, 328 solar panels that are key — it’s the 60 Tesla Powerpacks that offer 6 megawatt-hours of energy storage. While Ta’u is normally very sunny, the packs can keep it running for three days without sunlight. They don’t have to worry about a cloudy day leading to blackouts. The solar switch, which took a year to complete, has both its long-term environmental and immediate practical benefits. Like many remote communities , Ta’u previously had to run on diesel generators. That burns 300 gallons of fuel per day, which is neither eco-friendly nor cheap. Solar eliminates the pollution, of course, but it also saves the cost of having to continuously buy and ship barrels of diesel. And crucially, it provides a more reliable source of electricity. Locals previously had to ration power (say, if a diesel shipment wasn’t on time) or accept periodic outages. Now, they can assume they’ll have power at all times. Ta’u is clearly an ideal test case. On top of its paradise-like weather, there are less than 600 residents with relatively modest power needs. It’d require much, much more power to accommodate a full-blown city, especially in climates where cloudy days are more commonplace. However, it could still serve as a good example. Tesla’s mission is to wean the world off of fossil fuels, and this shows that it’s a realistic goal in at least some corners of the globe. Via: The Verge Source: SolarCity Blog
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Tesla runs an entire island on solar power
Charter to buy Time Warner Cable
Charter Communications plans to acquire Time Warner Cable in a $78.7bn deal . The acquisition follows an earlier attempt by Comcast to buy TWC, a plan foiled by regulators worried about lack of competition in the market for high-speed internet. Read the rest