Viggle Inc., which operates an app that tracks TV and music habits in exchange for rewards, on Friday filed for an initial public offering of common stock. The company didn't say how many shares it plans to sell. It said the IPO would take place "as soon as practicable."
Dish Network appears to be abandoning its $2.2 billion bid for LightSquared. LightSquared lenders are viewing Dish’s change of plans as a breach of contract. One of the possible restructuring plans for LightSquared is based on Dish’s bid and the ad hoc group directing the effort is lead by Dish Chairman Charlie Ergen’s L-Band Acquisition Corp.
The WWE joins the NFL, NHL, NBA and MLB as the latest sports-based organization that has its own broadband-based network. The WWE Network launches Feb. 24 as a streaming service for $9.99 per month with a six-month commitment and will include all 12 pay-per-view events.
Contec, which specializes in in repairing and refurbishing set-top boxes, is buying Replico, a company that performs returns management and related logistics services for a wide array of customers, technologies and industries including cable TV and IPTV companies.
A study by Parks Associates projected that there will be more than 103 million pay-TV households in the United States by the end of this year. The report, which was announced at CES this morning, said that two-thirds of the pay-TV households expressed interest in features that they currently don’t have, namely remote access to DVR content.
Time Warner Cable announced this morning that Alan Lui was promoted to senior vice president of human resources. Effective today, Lui now leads all aspects of the cable operator’s human resources department. He continues to report to Peter Stern, Time Warner Cable’s executive vice president and chief strategy, people and corporate development officer.
Fairfax Financial Holdings said Wednesday it is buying another $250 million of convertible debt in BlackBerry in what Fairfax says is a show of confidence in the troubled smartphone maker's new management. Fairfax, BlackBerry's largest shareholder, led an investment group that injected $1 billion into the company last fall.
Amazon will have exclusive ad-free streaming rights in the U.S. to a CBS thriller this summer starring Halle Berry. Episodes will be available for free on CBS.com and CBS' app with ads the day after they air on CBS. Members of Amazon's $79-a-year Prime service will be able to watch "Extant" ad-free four days after broadcast.
The chiefs of Samsung Electronics Co. and Apple Inc. will meet to discuss settling a bitter two year legal battle over designs and technologies of smartphones and tablets. A filing with the U.S. District court in San Jose showed Thursday that senior legal executives from Apple and Samsung agreed earlier this week that the CEOs will meet by or before Feb. 19.
aioTV has devised a platform that enables service providers to create a program guide that integrates listings from the provider’s own line-up with listings from any other video service. Called PassBox, the platform extends the aioTV platform to enable providers to easily deliver any source of video content in an integrated guide under their brand.
Among the many things Sony announced at CES, two could be momentous for established MVPDs: the company plans to introduce a competitive web-based video service, and it plans to switch delivery of Playstation games from selling physical disks to a streaming model.
Rovi announced that it would be heading to market in the first half of this year with a new HD and SD DTA guide for North American cable operators. The Rovi DTA Guide, which was first announced at SCTE Cable-Tec Expo in 2011, will provide more digital-like features in viewers’ living rooms.
Barry Diller-backed Aereo, which provides a service that delivers broadcast television stations over the Internet, announced it had secured $34 million in additional funding. Aereo said it would use the third-round of funding to support the nationwide expansion of its service as well as for increased investments in hiring and technology.
Comcast Corp. added video customers in its fourth quarter, its first gain in that business in six-and-a-half years. Comcast has been investing in new products and customer service to morph from a cable company to a technology company, Chairman and CEO Brian Roberts told investors Tuesday at the Citi Internet Media & Telecommunications Conference.
After attempts to hawk 3-D and OLED TVs fizzled in recent years, television manufacturers are taking small steps toward making a new technology, Ultra HD, more viable for mainstream consumers. It's the first TV format to be driven by the Internet video-streaming phenomenon, and at the International CES gadget show this week, major streaming players Netflix and Amazon said they'll offer movies and TV shows in the format.