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Wednesday, May 03, 2017
Rovi Acquires TiVo for $1.1 Billion

After much speculation, Rovi Corp. acquired digital video recording pioneer TiVo for $1.1 billion in a cash and stock transaction. The combined companies will be led by Rovi CEO Tom Carson and upon closing of the transaction will adopt the TiVo brand as the new company name.

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Hulu Developing Online TV service

Hulu is reportedly developing an online “skinny bundle” pay-TV service that would operate similarly to Dish Network’s Sling TV, Sony’s PlayStation Vue and Charter’s Spectrum TV Plus. It is expected to launch in the first quarter of 2017.

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Lionsgate Bows Local-Language Movie Joint Venture

Lionsgate May 2 announced it is launching Globalgate Entertainment, a joint venture with three international entertainment executives to produce, distribute and co-finance local-language movies.

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New Releases: May 3, 2016

New releases for May 3, 2016, include 'Joy.'

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