Tuesday, March 1, 2011

THIS WEEK IN CONTENT & FINANCE DEALS

Netflix, CBS Netflix struck a deal with CBS to license older TV shows for instant streaming. Titles include “Medium,” “Twin Peaks,” “Star Trek” and “Cheers.”
Spotify, EMI Spotify and EMI inked a deal to add songs from EMI’s extensive catalog to its ad-supported streaming service.
Nokia, Microsoft Digital music provider 24-7 Entertainment teamed with Mexican media and music retailer MixUp to launch the MixUp Digital store. The service will have a library of 2 million DRM-free MP3s.
Best Buy, Sony, TiVo, Mitsubishi, Google Best Buy, Sony, TiVo, Mitsubishi, Google and others partnered on an alliance to back the FCC’s proposal for a universal standard for video called “All Vid,” that would help merge Web and traditional video services.
Blockbuster, Cobalt Video Holdco Video rental company Blockbuster inked a deal with private equity firm group Cobalt Video Holdco to sell the company for $290 million.
Paydiant, General Catalyst Partners, North Bridge Venture Partners Mobile payments company Paydiant received $7.6 million in Round A of funding led by General Catalyst Partners and North Bridge Venture Partners.
VBrick Systems, Fliqz Online video service provider VBrick Systems purchased the assets of on demand video company Fliqz in an undisclosed deal.
Pixability Online video production company Pixability landed $1 million in new angel funding to continue editing and enhancing videos submitted by businesses.
Anomaly Innovations Stream management service developer Anomaly Innovations secured $500,000 in new funding from several investors including Russell Simmons and Max Levchin.
Digital Chocolate, Intel Capital, Sutter Hill Ventures, Bridgescale Partners Mobile game developer Digital Chocolate received $12 million in a fourth round of funding led by Intel Capital, with prior backers Sutter Hill Ventures and Bridgescale Partners also contributing.
Next New Networks Original Web video distributor Next New Networks scored $19.5 million in new financing in an undisclosed deal. Previous investors include Goldman Sachs, Spark Capital, Fuse Capital and others.
Golden Gate Capital, Conexant Private equity firm Golden Gate Capital acquired chipmaker Conexant Systems in a deal valued at $197 million that will have Golden Gate pay $2.40 each for Conexant’s outstanding shares.
Motorola, Catch Media Motorola’s investment arm Motorola Mobility Ventures invested an undisclosed amount in Catch Media, developer of a digital rights locker service accessible from digital devices called Play Anywhere.

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