The social TV apps have split amicably, or so they say. GetGlue is walking away with a $500,000 break-up check.
The TV loyalty rewards service is acquiring the entertainment check-ins company for $25 million and 48.3 million shares of stock.
This week, we're checking out an app for a unique kind of social network called GetGlue. it's a Foursquare-style social experience that lets you check-in to entertainment such as movies, tv shows, books, video games, and so on. You can even Like, Favorite, Review, and share with your friends
The "check-in" start-up launched a partnership with four major publishing companies--an industry that has been diving into social media later than other niches of media.
These apps make use of your smartphones and tablets by doling out details about your favorite shows.
GetGlue, an iPhone app and Web site that lets you tell your friends what you're reading or watching and also promises on-target recommendations, has a new deal with HBO.
Long download times for a Wii U firmware update cause problems for users, social TV app Viggle buys GetGlue, and the Galaxy Camera adds smartphone features to a point-and-shoot.
Deal reportedly could be as much as $30 million for the mobile application that launched just 12 weeks ago.
Acquisition is the most recent development in Facebook's efforts to juice up the location-based aspect of its hugely popular service.
The Daily Show, MSNBC.com, and MTV News are now readily accessible apps on the social network via Open Graph.