Bloomberg reports that Ericsson has agreed to acquire Microsoft Corp.’s Mediaroom business, which provides software for phone companies to provide television online. . Read More

Yahoo reports that Rdio, the music streaming service launched by a co-founder of Skype, has officially launched, Vdio, which sells customers movies and TV shows. . Read More

Netflix announced that it will premiere its highly-awaited 4th season of Arrested Development on Sunday, May 26. All 15 episodes of the Emmy Award-winning comedy will be available for subscribers to watch instantly at the launch. Netflix is available in U.S., Canada, the UK, Ireland, Latin America, Brazil and the Nordics. . Read More

Just 154 days after acquiring LucasArts, as part of its $4B acquisition of LucasFilm, Disney has shut down LucasArts, laying off over 150 people and leaving in question the future of Star Wars: First Assault and Star Wars 1313. . Read More

The NAB Show today announced the program schedule for SPROCKIT, a new initiative that gives 10 startups the opportunity to present their products or services live at the 2013 NAB Show, April 6-11 in Las Vegas. Unlike traditional startup programs, SPROCKIT identifies breakaway market-ready companies and puts them on stage alongside the major players in the industry. Read More

TechCrunch reports that streaming music video service VEVO has launched in Netherlands, bringing the total number of countries that it operates in to 11. Consistent with its strategy in other markets, the site will be localized for Dutch viewers, and will showcase both international as well as local artists. . Read More

TechCrunch reports that Aereo Inc., the Web television startup, has spoken about partnerships with major pay-TV distributors and ISPs, such as AT&T and Dish Network Corp., as it plans to release its new service to more markets, according to people having knowledge of the matter. . Read More