Ryan Lawler from Techcrunch is reporting on Getglue:
Provo, Utah-based video discovery startup i.TV has acquired GetGlue, we’ve learned, as consolidation in the market for second-screen or companion TV apps continues. The acquisition, which is expected to be announced soon, marks a bit of an inglorious exit for GetGlue, which had raised $24 million since being founded and had an earlier deal worth $70 million fall through earlier this year.
Getglue and Viggle had announced a merger in late 2012 and promptly canceled the agreement in early 2013. GetGlue walked away with $500,000 break-up check which had been a condition of the deal. Since then, Viggle has been heavily promoting its companion app challenge for creating apps based on the Viggle API and GetGlue continues to improve its offering by adding new badges including badges for the 2013 Oscars and updating its Android app.
More from Techcrunch:
Since then, GetGlue has apparently continued shopping itself around. It’s also shuffled management while looking for a buyer — over the summer it brought on digital media veteran Evan Krauss as president. And sometime between then and now founder and CEO Alex Iskold stepped down. He still remains chairman of the company, but sources say he’s not involved in day-to-day operations
You probably know less about i.TV, a company which has also been around for about five years and was also founded with the hope of connecting mobile and tablet users with TV and streaming content they might find interesting.
After launching in 2008 to give video viewers with a mobile platform for finding and discovering interesting content, i.TV has been relatively quiet over the last several years. It had launched a few versions of an app that provided ways to browse and get more info about streaming video options, as well as a remote control to power navigating traditional TV offerings.