Rovi Agrees to Acquire DVR Pioneer TiVo in $1.1 Billion Deal

Rovi Corporation has agreed to purchase TiVo Inc. for $1.1 billion, in a deal that merges two TV tech patent holders as companies including Apple, Comcast and Google are looking to control the set-top box. The FCC is proposing to allow customers who rent STBs from cable companies to “buy their own boxes or alternatives, which would open up what is now a largely closed market,” reports Bloomberg. “This deal was driven by an increasingly competitive set-top box market,” said analyst Paul Sweeney of Bloomberg Intelligence. “Cable operators such as Comcast are investing serious capital to develop next-generation boxes that are threatening the TiVo and Rovi platforms.” Continue reading Rovi Agrees to Acquire DVR Pioneer TiVo in $1.1 Billion Deal

Comcast Subscriber Shift Points to More Web Than TV Users

Comcast, the largest cable company in the U.S., could potentially soon have more Internet subscribers than television subscribers. During the last quarter, the company’s video users increased by only 6,000 to 22.4 million, while its broadband subscribers jumped by 375,000 to nearly 22 million. The diminishing gap could be a sign of the times, with an increasing number of consumers becoming more interested in services such as Amazon and Netflix, as opposed to traditional TV. As a result, Comcast is working to attract more broadband users. Continue reading Comcast Subscriber Shift Points to More Web Than TV Users