Why Your Cable Bill Won’t Get Smaller When Big TV Gets Bigger

For now, at least.

AOL Turns Moviefone Over to BermanBraun for Reboot

Press one for a much-needed overhaul of the service that still lives in 1999.

Early Groupon Backer NEA Dishes Out $226 Million in Deal Site’s Stock

Those who received shares had contributed to NEA’s 12th fund.

Facebook Testing New Mobile Game Ads Inside Your Notifications Tab

A new type of ad unit could upset Facebook users if it rolls out widely.

Android Fragmentation Concerns Overblown, Says Guy Who Helped Develop Android

Okay, fine. My mom does not care about Android fragmentation, but …

News Byte

Distributor Magnify, a Web Video Curator, Raises $1 Million

Magnify, a video distribution and curation startup, has raised $1 million from a group of investors that includes TED conference producer Chris Anderson and Chris Kelly, Facebook’s former chief privacy officer. Magnify, which has previously raised $4.2 million over five years, helps publishers find, sort and publish Web video on some 90,000 sites. The New York-based company has 13 employees.

Bahat to Head $75 Million Bloomberg Beta Tech Fund

The newly minted VC is charged with investing in and also creating early-stage startups for the media and financial news giant.

Yahoo’s Mayer Has Met with Hulu Execs in a Preliminary Look-See at Premium Video Unit

How much is the Silicon Valley Internet giant willing to spend on turbocharging its video prospects?

Content Gains Allow Demand Media to Beat Wall Street Expectations on Q1 Earnings and Revenue

Strong performance of media properties added to the results.