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To compete with cable and satellite TV companies. AT&T Inc., Verizon Communications Inc. and a slew of competitive local exchange carriers, or CLECs, are pouring millions of dollars into Internet protocol television, or IPTV. Instead of using traditional broadcast, cable or satellite transmissions, IPTV delivers video using the same techniques developed for computer networks. By the end of 2010,...

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Media Excel Inc., which makes hardware and compression software for delivering broadband television, has raised angel funding from San Antonio business executive Red McCombs. The company isn't disclosing the amount of the round, but in a statement McCombs says, "We believe that digital video will be a key contributor to the growth of the broadcasting, Web and telecommunications industries."...

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BreakingViews suggested that Microsoft Corp. spin off its entertainment division responsible for the Xbox 360. The idea is that the money-losing video game venture would stop dragging on the bottom line. The BreakingViews suggestion is the classic near-sightedness that the stock market forces on companies. Instead of taking the long-term view that the Xbox could help Microsoft eventually grow...

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For the myriad investors bringing video to the Internet in the hopes that it also makes it way into the family room, iSuppli Corp. has some good news. The research firm says that Internet video will make its way to the TV, and best of all, it will make money. About $5.8 billion in 2011. Of course, that's small potatoes...

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There's more to a mega-acquisition than big bucks. Beyond the $1.76 billion Google Inc. paid for YouTube Inc., the search engine leader gave the online video company a global footprint, which paid off Tuesday when YouTube announced new sites in Brazil, France, Ireland, Italy, Japan, Netherlands, Poland, Spain and the U.K. Going global was always part of YouTube's plan,...

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Video is hot. Social networking is cool. Combine the two, and you're faced with Kyte.tv, which Tuesday raised an undisclosed amount of money from Nokia Growth Partners. The San Francisco-based mobile and online video company helps users create television channels to share with friends. Nokia joins investors such as Skype Technologies SA co-founder Niklas Zenn ström's Atomic Ventures, Draper Fisher...

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Millions are being spent to bring television to the Web. Aside from countless video-sharing startups promoting user-generated content and copyrighted works by major studios, there's also the phenomenon of content made by studios specifically for the Web. FunnyorDie.com is one such site, and Will Ferrell's video short of a drunken two-year-old landlord demanding her rent has been viewed 30 million...

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As expected, Mike Volpi, Cisco Systems Inc.'s former consummate dealmaker, has been named CEO of Joost Operations SA. He replaces founding CEO Fredrik de Wahl, who remains chief strategy officer. Volpi (pictured at left) honed his dealmaking skills over his 13-year tenure at Cisco, where he pioneered the networking equipment giant's M&A process and led the acquisitions of more than...

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A spokesperson for Joost Operations SA declined to comment to The Deal on a PaidContent.org report that ex-Cisco Systems Inc. exec Mike Volpi will be named CEO of the Internet TV firm next week. A consummate dealmaker, Volpi would be a great get for Joost, which was started by Skype Technologies SA founders Janus Friis and Niklas Zennstrom. As general manager of...

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Netflix Inc., take a hike. Not so long ago video rentals via snail mail were all the rage, eliminating a trip to Blockbuster or some other retail outlet. But now who needs to deal with the hassle? On Wednesday Movie Gallery Inc., a bricks-and-mortar video rental company, with 4,600 stores nationwide, said it had acquired MovieBeam Inc., a company that...

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