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EBay buys Ticket Utils; AMC considers raising bid for Carmike

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EBay buys Ticket Utils; AMC considers raising bid for Carmike

TOP NEWS

* Onlineauctioneer eBay Inc.agreed to acquire Ticket Utils, anindependent provider of software that allows large ticket sellers to manage inventoryand distribution, for an undisclosed sum. According to an official blog post,Ticket Utils will join eBay's StubHub platform, the largest ticket marketplacein the U.S.

*AMC Entertainment HoldingsInc. is considering raising its $1.1 billion bid for , Reuters reports,citing a person familiar with the matter. A revised bid would likely be onlyincrementally higher than the previous bid, and AMC could still decide to forgoa deal, the source reportedly said. Meanwhile, Carmike its special meeting ofstockholders, scheduled for July 15, and reconvened it July 25.

* Inmore M&A news, Amazon.comInc. acquired Cloud9, astartup based in San Francisco and Amsterdam, for an undisclosed price.According to an official blog post,the startup, which developed an integrated development environment (IDE) forweb and mobile developers, will join Amazon.com's Amazon Web Services unit.

Internet & OTT

*The U.S. Court of Appeals for the Second Circuit that the U.S. government cannotforce Microsoft Corp.to produce customer emails stored in servers outside the U.S., according to acourt filing.Microsoft in 2014 challenged a request by the U.S. government to turn overemails stored in its Ireland data center, claiming that the warrant issuedunder the Stored Communications Act would violate international law andtreaties, since warrants traditionally carry territorial limitations. 

*The final round of bids for Yahoo! Inc.'s core internet will close July 18, The New York Times reports,citing sources familiar with the details. Bidders that participated in thefinal round includeVerizon CommunicationsInc., AT&TInc. and Quicken Loans Inc. Founder Dan Gilbert, along with threebuyout groups TPG, Advent International Corp. and a partnership of SycamorePartners and Vector Capital Management LP.

*Netflix Inc. placed astraight-to-series order for a new comedy series "Disjointed." Thehalf-hour multi-camera comedy will feature 20 episodes, according to a companynews release.

*Vevo LLC is working to debut a new app in the week of July 11, followed by anad-free subscription service in coming months, The Wall Street Journal reports.Vevo is a music video joint venture of Vivendi SA, its unit Universal Music Group, 's , 's Sony Music and Abu DhabiMedia.

* Google will host an indie gaming festival Sept. 24 in SanFrancisco, TheVerge.com reports.Called the Indie Games Festival, the event will allow a team of 15 players orless to play games that have been released in 2016.

* FacebookInc. will let users access Instant Articles within the Messengerapp, Re/code reports.The new feature is reportedly available on Android devices, and will becomeavailable on iOS devices from the week of July 18.

Multichannel

*Comcast Corp. set upa new mobile division as part of its plans to start offering a wireless service using mobilevirtual network operator rights secured from Verizon, WirelessWeek.com reports,citing a confirmation by a company representative. The move comes as the companyreportedly activated its MVNO rights with Verizon.

TV Networks

*Time Warner Inc.'sHBO (US)received 94 EmmyAward nominations for the 68th Emmy Awards by the Television Academy, followedby 21st Century FoxInc.'s FX Network(US) at No. 2 with 56 nominations, and Netflix with 54 nominations,Bloomberg News reports.Among the shows, HBO's "Game of Thrones" scored 23 nominations, whilelimited series "The People v. O.J. Simpson: American Crime Story" and"Fargo" scored 22 nominations and 18 nominations, respectively,according to an official newsrelease.

The day ahead

Earlymorning futures indicators pointed to a lower opening for the U.S. market.

InAsia, the Hang Seng increased 0.46% to 21,659.25, and the Nikkei 225 was up0.68% to 16,497.85.

InEurope, around midday, the FTSE 100 was down 0.37% to 6,629.85, and theEuronext 100 was down 0.74% to 861.29.

On the macro front

Theconsumer price index, the retail sales report, the Empire State manufacturingsurvey, the industrial production report, the business inventories report andthe consumer sentiment report are due out today.

Featured news

The Daily DoseEurope: Google faces new EU complaint; Microsoft wins email warrantappeal: The European Commission brought another antitrust chargeagainst Google over its AdSense for Search platform, while Microsoft won itscourt appeal over a U.S. government request to turn over emails stored in anIreland data center.

US RegulatorySpotlight: Cable group 'shocked' as FCC leaves retrans regimeunchanged: Pay TV providers hoping the FCC would overhaul theretransmission consent regime were left disappointed after the commission saidit would not adopt any new rules governing good faith negotiations.

Data Dispatch:Thinking outside the box office: 'Ghostbusters' looking to pummel somepooches: Yet another break-out animated movie will fight for thetop spot at box offices during its second week in theaters, challenging thelong-anticipated "Ghostbusters."

Q&A: GolfChannel head 'disappointed' top men's players bypassing Olympics:Golf Channel (US)is teeing off a 12-week swing in which it will present live tournament actionfrom a men's major for the first time, cover the sport's return to the Olympicsafter more than an century, and air the PGA playoffs and the Ryder Cup. MikeMcCarley, president of golf for NBC Sports Group, discussed these and otherdevelopments driving the network.

Hires andFires: US Media & Comm management moves through July 13:S&P Global Market Intelligence presents a weekly rundown of executivechanges in the media and communications industries.

The ProgramGuide: Paramount developing 'Battlefield' TV series; 'Chrisley Knows Best'renewed for 5th season: S&P Global Market Intelligence presentsa roundup of recent programming announcements from various networks and onlinevideo platforms, including the debut of the docu-series "Run MamaRun" on espnW and the re-airing of a special interview with Elie Wiesel onOWN: Oprah Winfrey Network(US).

Hires andFires: European Media & Comm moves through July 13: , , : S&P Global MarketIntelligence presents a biweekly rundown of executive and board changes in theEuropean media and communications industries.

BT Sport, EEtie-up throws punch in scuffle for UK's quad-play market: Analystsconsider the recent tie-up between EE and BT Sport as the next punch in anongoing battle with Skyplc, Vodafone, Virgin Media Inc. and others to bring quad-playinitiatives to the U.K. market.

In Play Today:Apple eyeing Tidal; Shari Redstone approaches Alibaba founder for Paramountstake sale: This feature tracks potential deal activity in theMedia & Communications sector, including announced strategic reviews,intended purchases or sales and rumored transactions.

Featured Research

Economics of Networks: Cable network ratings decline to newlows: Traditional ratings are down for many cable networks asviewers consume TV on platforms not yet included in Nielsen's C3 ratingscurrency.

WirelessInvestor: Who are Amazon Echo users and what makes smart-home hubs stick forconsumers?: At the IoT Evolution Expo in Las Vegas, smart-homehubs, kits and devices were key topics. We looked to our latest consumer surveyresults to put the discussion in context.

WirelessInvestor: What do Nest users tell us about IoT consumers?: With allthe hype about the Internet of Things, especially as we look toward the futurewith 5G, it is key to understand where IoT stands among today's consumers.

WirelessInvestor: How EIPs might delay 5G handset adoption: While carriersset the pace of the LTE wireless network build, consumers set the timeline for4G subscription growth.

Economics ofTV & Film: SNL Kagan Box Office Report – Week 28: Family filmshave spurred a minor rebound in the summer box office with weekly box officegrosses now on a three-week growth streak.