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.
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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.
Updated: Back in November, Viggle announced it was acquiring GetGlue for $25 million in cash and 48.3 million shares of stock, forming a social TV powerhouse. But there was a condition: $60 million in new financing from an investor, yet to be announced. The goal was to close the new financing round in December, but a new SEC filing this month revealed the two companies were “discussing an extension of such date and other potential modifications.”
Another Monday and another big acquisition announcement in the social TV world. As we reported earlier today, Viggle scooped up GetGlue, combining to form a second screen powerhouse in an increasingly competitive space. GetGlue has the bigger audience, but Viggle has the deeper pockets, a publicly-traded company (VGGL) founded by former American Idol exec Robert Sillerman that acquired Loyalize and quickly ramped up an aggressive team.