The bidding process for Hulu concluded on Friday and the Los Angeles-based streaming media company has reportedly narrowed down the list of suitors to DirecTV, The Chernin Group and Guggenheim Digital Media. Previous offers had reached at least $1 billion, people familiar with the dealings said in May. Some reports suggest that DirecTV may be the likely frontrunner, since the satellite TV provider could have the most to gain. Continue reading Hulu Bidding Concludes, Reportedly Down to Three Suitors

Multiple sources familiar with the ongoing Hulu acquisition talks have suggested that a deal with DirecTV is in “very advanced stages” and could close by the end of this month. If the deal is approved, DirecTV would acquire over 4 million paying Hulu Plus subscribers, which generated $695 million in revenue last year, including advertising. The latest negotiations have reportedly ranged in price from half a billion to more than a billion dollars, depending on structure and terms. Continue reading Inside Sources Believe DirecTV will Acquire Hulu this Month

Reality series “Summer Break,” scheduled to premiere on Monday, is taking a nontraditional approach by distributing its content exclusively via social media sites such as Twitter, Tumblr and Instagram. Producer Peter Chernin of the Chernin Group sees the future of entertainment in social media and his new show will test this theory, targeting a younger audience he hopes will turn to their mobile devices to follow the unscripted stories. Continue reading Summer Break: Reality Series Exclusively for Social Media

Multiplatform video service provider Vubiquity and DVR pioneer TiVo announced a partnership yesterday that will integrate Vubiquity’s AnyVU Streaming service with the TiVo user experience. AnyVU Streaming is an end-to-end multiplatform video solution that enables service providers to launch TV Everywhere services. The TiVo user interface will allow for integration of Vubiquity’s subscription movie package ViewNow on any device. Continue reading AnyVU: Vubiquity and TiVo Partner on TV Everywhere Solution

Samsung won a largely unexpected legal victory against Apple yesterday that could potentially stop the sale of early model iPhones and iPads. The U.S. International Trade Commission, which has jurisdiction over certain trade practices, ruled that Apple violated a Samsung patent related to tech used to send data over wireless networks. Devices in question include the iPhone 4, iPhone 3GS, iPad 3G, iPad 2 3G and iPad 3 (the more current iPhone 5 and fourth-generation iPad were unaffected). Continue reading ITC Ruling Favors Samsung, Could Impact Apple Products

Major phone companies have begun selling data related to their subscribers’ locations, travels, interests and Web browsing habits. The availability of such data provides a long-anticipated and powerful tool for marketers, but not surprisingly raises a number of privacy concerns. Mining data for profit marks a shift in the relationship between carriers and subscribers, similar to what is typically expected today with services such as Google and Facebook. Continue reading Phone Companies Begin Selling Customer Data to Marketers

Video tech company Unruly Media has released Vine metrics to coincide with the celebration of the mobile video app’s first 100 days. According to the research, five Vine videos are shared on Twitter every second and branded Vines are now four times more likely to be shared by users than branded online videos. Weekends are by far the most popular time to share Vines. To compile its report, Unruly Media collected data from more than 10 million Vines over a one-month period. Continue reading Twitter: Branded Vines Shared More Than Branded Videos

AT&T announced that it has launched its Digital Life home security and monitoring service in 15 U.S. cities with plans to expand to 50 locations this year. Built on the telecom’s 2010 acquisition of Xamboo, it will compete with security offerings by companies like ADT and various startups building devices for the connected home. Digital Life will provide visual access via Web-connected cameras and sensors hooked up to a broadband connection. Continue reading AT&T Launches Digital Life Home Security and Monitoring

The Chernin Group is producing an unscripted reality series that plans to skip television distribution in favor of a new social media model. The series will be distributed entirely via social platforms including Twitter, Instagram, YouTube and Tumblr. The concept is a bold experiment that hopes to target younger viewers on the devices and platforms that have replaced their traditional television viewing. Continue reading Reality Series to Play Out Entirely on Social Media Platforms

Pay TV operator Dish Network announced yesterday that it has placed a $25.5 billion bid for wireless carrier Sprint Nextel, which is presently ranked third in the U.S. behind Verizon Wireless and AT&T. Dish Network’s chairman and former CEO Charlie Ergen is hoping to bridge the gap of current wireless models by offering customers faster and more affordable television, high-speed Internet and cellphone services in a single package. Continue reading Dish Network Submits $25.5 Billion Bid for Sprint Nextel

The Web-based reader “StorEbook” has expanded on the idea of computers interacting with users via voice technology. During last week’s Foundry event, the audio book’s “voice synthesis engine” was demonstrated as it recited the classic tale “Goldilocks and the Three Bears.” The Web-based app, which uses AT&T’s Natural Voices, provides story characters with multiple voices, creating a new dynamic to the idea of “story time.” Continue reading New StorEbook Reader Uses Natural Voices to Tell Stories

Aereo, the Internet service startup backed by Barry Diller that streams TV stations without compensation, has won another battle with broadcasters. The U.S. Court of Appeals for the Second Circuit in New York yesterday upheld a ruling in favor of Aereo, which could set the stage for a full-blown trial. Broadcasters sued the startup last year claiming the service violates copyright law, but a district court judge denied the request for a preliminary injunction. Monday’s 2-1 decision affirms the lower court ruling. Continue reading Aereo Wins Again: Federal Appeals Court Upholds Ruling

Samsung unveiled the new fourth generation flagship Galaxy S 4 at its Unpacked event in New York last week. Features of the new Android 4.2.2 phone include a screen that can be used when wearing gloves, improved camera capabilities with autofocus and no shutter lag, larger screen size, improved battery life and a slimmer yet stronger form factor. The Galaxy S 4 also touts smart features based on eye-tracking technology. Continue reading Samsung Unveils New Android-Powered Galaxy S 4 Phone

President Obama met with a group of 13 corporate executives at the White House on Wednesday to discuss growing cybersecurity concerns and to enlist support for his proposed legislation to combat the threat of computer warfare and corporate espionage. Among the chief execs were Rex W. Tillerson of Exxon Mobil, Randall L. Stephenson of AT&T, Brian T. Moynihan of Bank of America and Jamie Dimon of JPMorgan Chase. Continue reading Obama Seeks Corporate Support for Cybersecurity Initiative

A group of Internet service providers including AT&T, Cablevision, Time Warner, Verizon and Comcast have teamed together to join a coordinated effort to address the ongoing problem of subscribers illegally downloading entertainment media such as movies, TV shows and music. The ISPs are implementing an alerts system based on “six strikes” that carry tiered degrees of penalty for their subscribers who choose to illegally access media. Continue reading Copyright Alert System: ISPs Join Effort to Curb Media Piracy