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Fox Interactive Media Inc.'s acquisition of social-networking leader MySpace.com and Google Inc.’s pick-up of online video site YouTube.com last year have garnered much praise from the dealmaking community. If their financial futures aren't already secure, they could be in the next few years. According to a study from ABI Research, consumption of ad-supported and pay broadband video will grow...

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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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As the rumor mill had predicted, Electronic Arts Inc. has indeed purchased a stake in China's online game operator The9 Ltd. However, the Redwood City, Calif.-based video game publisher will spend just $167 million for a 15% stake in the Shanghai-based company, as opposed to the rumored $200 million for a 19% stake reported in mid-April. The investment makes...

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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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The New York Times is reporting that Rupert Murdoch and John C. Malone have agreed on a settlement of their corporate feud. Murdoch will buy out Malone's stake in News Corp. in exchange for a package that will include cash and Murdoch's controlling stake of satellite television company DirecTV. The Times values the deal at $11 billion. Check Dealscape for...

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Here's a headline you wouldn't have expected to see about six months ago, "CBS says YouTube is helping ratings." Lost Remote ran that headline atop a post today on the success of CBS's deal with YouTube which legally allows limited clips of CBS material to be posted on YouTube. According to Lost Remote, the 300 videos uploaded by the network...

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The Digital Life Press event tonight at the Nikki Midtown in Manhattan was highlighted by a presentation by Tom Rogers (pictured at left), president and CEO of TiVo. Rogers explained five new features TiVo plans to roll out over the next year or so. The direction he's planning on taking TiVo, decidedly online. Check below the fold for the new...

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Convergence of online and traditional media seems to be a theme today. Lost Remote has an entry about a plan announced by NBC and MSNBC.com to distribute nightly news and Meet The Press episodes in video podcast vidcast form. The shows will be available through both the iTunes Music Store and Zune's new online market. It seems as though...

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The streak had to end I suppose. After months of nothing but smart moves on the company's part, it announced a new pricing scheme which could move the best PVR service from a necessity to the "not worth that much" category overnight. TiVo took forever to release its Series 3 receiver, the first TiVo set-top box with HD recording abilities,...

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