Time Warner Investments has led a $15 million round in Conviva Inc. , a startup that has developed technology designed to optimize over-the-top video and avoid re-buffering and choppy playback by preemptively routing streams around potential network bottlenecks and blockages. Conviva, which has raised almost $60 million, estimates that its technology improves more than 1 billion streams per month. Turner Broadcasting System Inc. and HBO -- both Time Warner Inc. (NYSE: TWX). companies – use Conviva's technology for their respective TV Everywhere services.
Inder Singh, formerly VP of Corporate Portfolio and Long Range Planning at Cisco Systems Inc. (Nasdaq: CSCO), has been named SVP of financial and strategic planning at Comcast Corp. (Nasdaq: CMCSA, CMCSK), where he'll handle forecasting, strategy and long-range plans for the company's cable business. He reports to Comcast Cable EVP and CFO Dave Scott.
Entropic Communications Inc. (Nasdaq: ENTR) is expanding into the hotel business after notching a partnership with Funai Electric Co. Ltd. (OTC: FUAIY) subsidiary P&F USA, the exclusive licensee for Philips Hospitality in North America. Under the deal, Philips will look to equip its new hotel TVs (due out in the second half of 2012) with Multimedia over Coax Alliance (MoCA) in rooms where there is no dedicated Ethernet broadband connections so customers can pipe IP-based VoD or over-the-top video services directly to the sets. Entropic says one MoCA-fueled Broadband Access platform supports application speeds of over 100 Mbit/s, and that a single network controller can handle up to 63 clients.