Cisco announced the $7 billion acquisition of video set-top box maker Scientific-Atlanta.
In an effort to break barriers between TV and a PC Cisco decided to acquire a video set-box maker … Internet companies such as America Online, Google and Yahoo are also getting into the video market. AOL announced it is funding a start-up called Brightcove, which helps programmers syndicate shows across the Web and collect money from it. Content providers like CBS are also seeking out alternative distribution channels for their shows…
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