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The WSJ is reporting that former AOL Chief Executive Jonathan Miller maybe purchasing Yahoo for between $28-30 billion, roughly $22 a share. Yahoo’s stock benefited from the rumor, up 7% to $11.50. While the rumor mill is heating up, it should be noted that Miller is still under a non complete agreement with AOL, which prohibited him from joining Yahoo’s board over the summer.

Amazon may launch an HD streaming option for its Amazon Video on Demand service on TiVO. While the porthole is currently unavailable, it is expect that movies will play for two minutes while users are searching the library, giving them the option to purchase and download or store in an Amazon cloud. According to Bill Carr, Amazon’s VP for digital media, “Our goal is to create an immersive experience where people can’t help but get caught up in how exciting it is to simply watch a movie right from Amazon.com with a click of the button.”

NBC News is expected to name chief White House correspondent David Gregory the new anchor on Meet the Press. Gregory, who will replace Tim Russert, recently hosted MSNBC’s election night coverage and has been known to spare with White House officials on occasion. This sunday on Meet the Press, temporary anchor Tom Brokaw will interview President-elect Barack Obama.

Last night RIM announced that sales fell approximately 9% below its estimated projection. The BlackBerry manufacturer’s subscriber growth also fell 10% below its forecasted rate. The good news for RIM is that Verizon Wireless is still sold out of the new BlackBerry Storm, which, if back in stock, could be a major holiday player.

Plus, today’s consulting question, “Am I any closer to getting theatrical day-and-date released on VOD?” Shelly has the answer on today’s MediaBytes.

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.



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