Netflix to Rescue Cancelled TV Series

Here's a breakdown of what's making cable waves today.

  • Netflix Inc. (Nasdaq: NFLX) may keep producing TV series that are canceled by networks, similar to the way DirecTV Group Inc. (NYSE: DTV) saved Friday Night Lights for a few years after it was dropped by NBC. (See Cable Project Tries to Jolt VoD Advertising .)

  • Rovi Corp. has reportedly acquired DigiForge LLC , an engineering services firm that counts Comcast Corp. (Nasdaq: CMCSA, CMCSK), Rovi and Charter Communications Inc. among its customers. DigiForge President and CEO Ed Knudson declined to comment. (See DigiForge Teaches DTAs New Tricks .)

  • Facebook is experimenting with compensating users with "credits" in exchange for watching video ads in games.

  • Comcast Corp. (Nasdaq: CMCSA, CMCSK) still hasn't shared traffic stats from its Fancast Xfinity TV site, but it boasts that more than 200,000 Facebook users "like" Xfinity. (See Comcast's 'Xfinity' Brand to Take Over the House .)

  • That US$500 million settlement Dish Network LLC (Nasdaq: DISH)'s EchoStar Corp. LLC (Nasdaq: SATS) reached with TiVo Inc. (Nasdaq: TIVO) should "send a message" to other companies it is suing for patent infringement, says TiVo CEO Tom Rogers. TiVo has suits pending against AT&T Inc. (NYSE: T), Verizon Communications Inc. (NYSE: VZ), Microsoft Corp. (Nasdaq: MSFT) and Motorola Mobility LLC . (See Dish, EchoStar to Pay TiVo $500M to Settle Suit .)

  • Multiplatform "TV Everywhere" distribution remains an "elusive, tantalizing fantasy," according to Time magazine. (See Boxee CEO: Why TV Everywhere Won't Win.)

  • NBCUniversal LLC CEO Steve Burke makes a cameo appearance in this wacky parody Jimmy Fallon made of MTV's Jersey Shore. Burke appears at the 4:45 mark.

    — Steve Donohue, Special to Light Reading Cable, and Jeff Baumgartner, Site Editor, Light Reading Cable

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