$$$: Bids for video service
Hulu are expected the start coming in this week, sources say. Hulu's owners are supposedly expecting bids of $1.5B (and up) for the site and its licenses. ---
TiVo's board authorized a repurchase of up to $100M of outstanding common shares over a 2-year period funded through company cash. ---
Bloomberg says "Angry Birds" developer
Rovio is in talks to receive funding that would value the company at about $1.2B w/ likely investors including
News Corp. and
Disney. ---
Knology's board authorized a repurchase of 2M shares of the company's common stock.
Gov't: U.K. Prime Minister
David Cameron hinted that the gov't may block social-networking services such as
Twitter and
Facebook during violent unrest in light of the country's worst riots in decades. That's after praising their use during the Arab Spring.
Online:
Google+ is giving
Facebook even more competition by adding online games to its social-media platform. --- Now you can check in on
foursquare from 28K
Redbox kiosks nationwide.
Why you would is beyond us - who wants to be 'mayor' of a kiosk?
In Court:
ActiveVideo filed for an injunction against
Verizon to prevent the wireless company's use of AV's technology in FiOS TV. The "cease and desist" request comes on the heels of AV's $115M judgment in its patent infringement case
v. Verizon last week.
Programming:
NBCU will run a 1/2hr. promo show teasing its fall line-up (including
The Playboy Club) across broadcast, digi and cable platforms. ---
NYT says DVRs and increasing competition is breaking up the latenight audience, with
George Lopez being the latest casualty. ---
Syfy's
The Haven is going integrate a storyline that incorporates
Twitter into several episodes.
Read about the innovative details at LostRemote.
Retail:
AT&T held a ribbon-cutting event with
NY Yankee 2B
Robinson Cano to open its new wireless store in Washington Heights, NY. --- The
National Retail Federation says retail industry sales in July increased 0.3% over June and 4% y/y.
Up, Down & Over There:
Sky Deutschland has hit 4 consecutive Qs of sub growth, adding 100K so far this year, totalling 2.76M. ---
PBS is making its UK debut on Nov. 1 as part of
Sky's entertainment package.
Folks:
IABM named
Joe Zaller as North American market developer. •