Yahoo To Offer PC DVR Services, Buys Meedio

As first disclosed at CES, Yahoo is moving into the PC DVR market in addition to providing other couch-based multimedia functionality. But why reinvent the wheel, when you can buy it? Congrats, Meedio — you’ve escaped ShowShifter’s fate! Back at CES, Thomas Hawk learned Go TV would be a free offering similar to Google’s method of buying up and distributing Picasa. I assume Yahoo will ultimately leverage the Meedio platform to interface with their music services and perhaps offer movie downloads. So I guess we can end speculation that Yahoo will buy TiVo… or can we?

Meedio says:
Today is a big day for the team here at Meedio; we have sold most of our technology to Yahoo!

David Brott, Jeff (beergeek), Kenny (fasttech), Pedro (flea0) and I are joining Yahoo!’s Digital Home team. We’ve had the opportunity to spend a lot of time with Yahoo! in the past few months and we love the way they are developing the best, most user-friendly services for the Digital Home.

As I said before, behind Meedio LLC the company, is Meedio the idea and all of us want to see it succeed. The sad truth is that we had recently hit a brick wall and did not have the resources to make it flourish. But, Yahoo! has a great team that is just as dedicated and passionate as we are in this space and, of course, they carry the content and might of an early Internet pioneer. Together, the combination can be nothing but a winner. We are thrilled at the opportunity to put the Meedio idea together with the Yahoo! experience and bring it to millions of people all around the world!

To be perfectly honest with you, before I wrote the first line of Meedio code, I envisioned a day when it could be used as the “new browser”; to bring all the content goodness that Yahoo! can provide to the 10 foot world. It is really exciting seeing it actually happen.

(Thanks, Anonymous Tipster)