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LG Buys HP's WebOS for Smart TVs

CE Company to Use Palm-Developed Operating System Across a Range of Devices
CE Company to Use Palm-Developed Operating System Across a Range of Devices

LG Electronics has acquired Hewlett-Packard’s webOS operating system -- originally developed by Palm as a rival to Apple's iOS -- which LG plans to use to support its next-generation smart TVs as well as a range of other consumer-electronics devices, the companies announced today.

Terms of the deal were not disclosed. HP and LG said they do not expect the transaction to have a material impact on either company's financial statements.

CBS,Showtime and Amazon Sign Expanded Content Deal

'Top Model,' 'Tara,' 'Undercover Boss,' 'Raymond' Available on Prime Video Service
'Top Model,' 'Tara,' 'Undercover Boss,' 'Raymond' Available on Prime Video Service

 

HBO Go Lands on Apple TV Set-Tops via AirPlay

Programmer Says TV Everywhere Apps for iOS Devices Now Works With Apple's AirPlay Feature
Programmer Says TV Everywhere Apps for iOS Devices Now Works With Apple's AirPlay Feature

HBO’s TV Everywhere apps for iOS devices now support Apple’s AirPlay feature, which will let users wirelessly stream on-demand content to Apple TV boxes over Wi-Fi.

Both HBO Go and Cinemax’s MAX GO App were updated with the same capabilities. The updated apps are now available in Apple’s iTunes App Store, according to HBO.

Eric Kessler, president and chief operating officer of HBO, announced the new capabilities Tuesday at AllThingsD’s “D: Dive Into Media” conference.

YouTube Rife With Pirated Movies: Report

Films from Major Studios Have Been Viewed Hundreds of Millions of Times in Past Year, WSJ Says
Films from Major Studios Have Been Viewed Hundreds of Millions of Times in Past Year, WSJ Says

Despite its system designed to catch illegally uploaded material, Google's YouTube is hosting several hundred copyrighted feature-length films that have been viewed hundreds of millions of times over the past year, The Wall Street Jou

Netflix to Raise $400M in Debt, Potentially to Fund Acquisitions

Internet Video Streamer Will Refinance $225M in Current Debt
Internet Video Streamer Will Refinance $225M in Current Debt

Netflix may make acquisitions or other “strategic transactions” with its move to raise $400 million in new debt, $225 million of which it plans to use to refinance current debt, the company said Tuesday.

The company said it intends to offer $400 million aggregate principal amount of senior notes due 2021 to institutional buyers. Netflix will use $225 million of the net proceeds to redeem its outstanding 8.5% senior notes due 2017.

Comcast's ThePlatform Leads With HTML5 Instead of Adobe Flash

Vendor Makes the Web Standard Default in Universal Video Player Service
Vendor Makes the Web Standard Default in Universal Video Player Service

ThePlatform, the Comcast-owned online video publishing company, is releasing an enhanced video player service that defaults to the HTML5 Web standard for video playback instead of Adobe Systems’ Flash, but will switch to Flash if needed.

Yahoo Q4 Revenue Up, Profits Down

First Full-Year Revenue Growth in Four Years Boosts Stock in After-hours Trading
First Full-Year Revenue Growth in Four Years Boosts Stock in After-hours Trading
 
Yahoo reported fourth quarter and full year 2012 earnings that were generally well received on Wall Street, thanks to increased revenue and some other improved metrics that gave investors hope that the company was moving in the right direction.

At 6:30 p.m. (ET), shares were up 1.67% to $20.65 in afterhours trading.

In a prepared statement, Yahoo CEO Marissa Mayer, who had been hired last summer to revitalize the firm, noted that revenues were up for the first time in four years.

'All My Children,' 'One Life to Live' to Run on Hulu, iTunes

First-run Episodes to Air on Free Hulu.com Service; iTunes, Hulu Plus Subs Gain TV Everywhere Access
First-run Episodes to Air on Free Hulu.com Service; iTunes, Hulu Plus Subs Gain TV Everywhere Access

 

Akamai Sells Online Ad-Targeting Unit to MediaMath

MediaMath Says Deal Will Improve Analytics for Media-Buying Clients Across Web, Video, Mobile and Social Channels
MediaMath Says Deal Will Improve Analytics for Media-Buying Clients Across Web, Video, Mobile and Social Channels

Digital media-buying company MediaMath has acquired Akamai Technologies’ Advertising Decision Solutions (ADS) division, which MediaMath said will let advertisers improve the effectiveness and sophistication of audience analysis across Web, video, mobile and social channels.

Financial terms of the deal were not disclosed.

MediaMath will acquire substantially all of the assets associated with Akamai's ADS business, and will integrate the Akamai ADS team into its workforce. About 70 Akamai employees, nearly all of the ADS team, will be joining MediaMath.

HBO Inks Six-Year Deal With Video-Optimizer Conviva

Renewal Supports Delivery of Programmer's 'TV Everywhere' Services
Renewal Supports Delivery of Programmer's 'TV Everywhere' Services

HBO has re-signed Conviva, a provider of online video-optimization technology, to a six-year deal to support the premium programmer’s HBO Go and Max Go “TV Everywhere” services.

Time Warner Inc., HBO’s parent company, is an investor in San Mateo, Calif.-based Conviva along with GGV Capital, Foundation Capital, New Enterprise Associates and Pelion Venture Partners.

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