Major Businesses | Business
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After weeks of speculation, investors learned this week of Rovi Corp’s plans to acquire TiVo for about $1.1 billion.
In stark contrast to stuttering Silicon Valley peers such as Apple and Twitter, social media giant Facebook has posted strong financial results given a spur by expansion into video.

The management team of SintecMedia has teamed with private equity firm Francisco Partners to acquire the broadcast management software provider from its existing shareholders including Riverwood Capital.

Global content business FremantleMedia has taken an equity stake in fast-growing digital football media start-up Squawka.

The US Department of Justice and the chairman of the country’s regulator, the FCC, have approved the Charter/Time Warner Cable/Bright House Networks mega-merger — with conditions.

Amazon revealed its movie distribution plans last week, while the Screening Room garnered big buzz for its home film release scheme.

Facebook is working on its video bona fides again, with the addition of new features for its Facebook Live functionality that make the offering more broadcast-like.
Reports from the US are suggesting that discovery and recommendation technology provider Rovi is mulling an acquisition of PVR pioneer TiVo.