Comcast acquires free streaming service Xumo

Comcast has acquired Xumo, a free, ad-supported streaming service with more than 190 channels. The service has a complicated ownership history — it began in 2011 as a joint venture between Panasonic and Myspace parent company Viant, which was acquired by Time Inc. in 2016, and then Time Inc. was later acquired by Meredith. The companies […]