Boomerang Joins The Subscription Games | Crunch Report | Summary and Q&A

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April 12, 2017
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Boomerang Joins The Subscription Games | Crunch Report

TL;DR

Time Warner, Turner, and Warner Brothers have partnered to launch Boomerang, a new streaming service featuring classic cartoons; Lincoln attempts to boost sales with a chauffeur service; Utah unicorn Qualtrix secures $180 million in funding; Justin Khan's startup Atrium LTS aims to raise $10 million.

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Questions & Answers

Q: What shows are available on the Boomerang streaming service?

Boomerang will include classic cartoons like The Jetsons, Scooby-Doo, Tom and Jerry, Bugs Bunny, and The Flintstones among its offerings.

Q: Will Boomerang offer personalized recommendations and offline viewing?

While Boomerang currently lacks personalized recommendations, offline viewing, and family profiles, these features are promised to be added in the future.

Q: What challenges does Lincoln's chauffeur service face?

Lincoln's chauffeur service may struggle with scalability, as it aims to hire full-time employees in cities one at a time, which presents fixed costs and limits availability.

Q: Why did Qualtrix secure an additional funding round instead of pursuing an IPO?

Qualtrix's decision to raise additional funds rather than going public suggests that the company wants to strengthen its financial position and potentially boost its revenue over a billion dollars before considering an IPO.

Q: What is the purpose of Justin Khan's startup Atrium LTS?

Details about Atrium LTS's specific focus remain undisclosed, but the startup aims to raise $10 million in funding, with General Catalyst leading the round and potential tech companies as strategic investors.

Summary & Key Takeaways

  • Boomerang, a new streaming service, will offer classic cartoon shows such as The Jetsons, Scooby-Doo, and Tom and Jerry for a monthly fee of $4.99.

  • Luxury car company Lincoln plans to offer a chauffeur service at $3 per hour to enhance sales in the luxury car market, but the idea raises questions about scalability.

  • Utah unicorn Qualtrix has raised $180 million in funding, delaying IPO plans in order to further strengthen its financial position.

  • Justin Khan, known for selling Twitch to Amazon, is now launching a new startup called Atrium LTS which aims to raise $10 million for its initial funding round.

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