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Caffeine.TV: The Twitch Competitor Backed By Drake | Forbes

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Caffeine is a live-streaming service that allows anyone — entertainers, athletes, esports stars, amateurs — to broadcast to fans, who can chat with each other and the person they are watching. Launched to the public in November, the free service that Apptopia estimates has been downloaded 1.6 million times is going head-to-head with Amazon’s Twitch, which has 40.1 million downloads over the last year, thanks to popular gamers such as Turner ‘Tfue’ Tenney and Timothy ‘TimTheTatman’ Betar. But Twitch is largely associated with streaming video games. Caffeine wants to go well beyond that, offering live sports, concerts and, yes, rap battles.

Caffeine founder Ben Keighran says he received a surprise call from Horowitz, an early backer and board member, who connected him with Drake’s manager during last June’s NBA finals. The discussion culminated in a deal that will bring Drake exclusively to Caffeine to co-produce monthly battles of rap skills with the Ultimate Rap League, starting Feb. 29. “This is a name that everybody knows,” says Keighran. Drake means “live broadcasting in a way that hasn’t been shown at this level before.”

Keighran’s vision for the future of entertainment, which he calls “social broadcasting,” attracted $46 million in investment in January 2018 from Silicon Valley firms Andreessen Horowitz and Greylock Partners and celebrity backers Ashton Kutcher and Kevin Durant. Fox Chief Executive Lachlan Murdoch was similarly intrigued, and months later invested $100 million in Caffeine, at a valuation of $500 million, through his family’s media company, then known as 21st Century Fox. Together they set up a joint venture, Caffeine Studios, to produce esports, sports and live entertainment from the Fox studio lot in Los Angeles. “These big media companies are all hedging against the future,” says Doug Perlman, a sports media advisor.

Read the full profile on Forbes: https://www.forbes.com/sites/dawnchmielewski/2020/02/11/behind-streaming-upstart-caffeines-plan-to-take-on-twitch-draft-drake/#36cc88bc528a

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Immigration Attorney Lauren Blodgett’s Advice For The Younger Generation | Unfiltered | Forbes

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This week on Unfiltered we spoke with Executive Director of The Brave House Lauren Blodgett about her daily mantras, how she is intentional with giving people her attention and about how young people can make a difference now.

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How To Live Up To The Declaration of Independence – Steve Forbes | What’s Ahead | Forbes

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The Declaration of Independence is the most remarkable document in US history, but how did the spirit and ideology it embodies enable the US to become the most successful nation ever? Steve Forbes on our nation’s history and the profound concepts that make our country unique.

What’s Ahead featuring Steve Forbes provides his insights and perspective, to stay on top of what’s happening in this ever-turbulent world with glimpses into the future. What’s Ahead airs Tuesdays, Thursdays and Fridays.
#SteveForbes #WhatsAhead

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New Stimulus Bill? What You Need To Know – Steve Forbes | What’s Ahead | Forbes

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Covid-19 lockdowns have left millions of Americans unemployed, reliant on government stimulus and in need of cash. And now a new accounting rule that could prove devastating to the country’s economic recovery. Steve Forbes on the need for a new stimulus bill and more individual checks now.

What’s Ahead featuring Steve Forbes provides his insights and perspective, to stay on top of what’s happening in this ever-turbulent world with glimpses into the future. What’s Ahead airs Tuesdays, Thursdays and Fridays.
#SteveForbes #WhatsAhead

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