Social TV startup consolidation continues to heat up as a new era of innovation takes on the industry. “wywy, a Germany-based cross-screen advertising and real time TV-ad tracking company, has completed the acquisition and integration of Second Screen Networks, a New York-based social TV company that allows TV broadcast ads to sync in real time with mobile devices and websites. Also, “ConnecTV, a leading social TV video network that lets users of its free mobile app watch, clip and share the best video “moments” on television, announced today that it has acquired TweetTV, a social analytics and TV guidance company that makes it easy to discover what’s trending on TV in real-time.” Here are the details. Read more
The New York Times editorial board came out with an op-ed yesterday urging the FCC and U.S. Justice Department to block Comcast’s $45 billion acquisition of Time Warner Cable. In it, the Times cautions against the ill effects a merger could have on Netflix.
By buying Time Warner Cable, Comcast would become a gatekeeper over what consumers watch, read and listen to. The company would have more power to compel Internet content companies like Netflix and Google, which owns YouTube, to pay Comcast for better access to its broadband network. Netflix, a dominant player in video streaming, has already signed such an agreement with the company. This could put start-ups and smaller companies without deep pockets at a competitive disadvantage.
In April, Netflix came out against the Comcast/TWC merger, arguing that it would give the company unprecedented power over high-speed Internet access, with that power creating “anti-competitive leverage.”
In an effort to beef up its video and mobile efforts, Scripps has acquired Newsy for $35 million in cash — one of the largest tech acquisitions in the local media space in recent memory. Newsy produces video news reports across web, mobile and connected TV platforms for partners like AOL, Microsoft and Mashable. Many of the “mobile first” startup’s clips are focused on viral video, capitalizing on the growth of social sharing.
CBS announced it has acquired TV Guide Digital, buying up its remaining 50% share of the company from Lionsgate. The deal folds TVGuide.com and its mobile apps into CBS Interactive, which already runs TV.com and other entertainment brands like GameSpot and Last.fm. “It’s a brand that has a nice-size audience, and a highly monetizable category that has a lot of relevance going forward,” CBS Interactive President Jim Lanzone told the LA Times. “That’s why it fits so well with our strategy.”
Atlanta startup Movl says it’s been acquired by Samsung Electronics for an undisclosed sum. Just two years old, Movl began by creating games that interacted with TV — like “We Draw,” which won Samsung’s top developer award in 2011. Then the startup created a platform for iOS and Android developers to seamlessly integrate their apps with smart TVs, starting with Samsung and Google TV — with more on the way.
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