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The third quarter saw many parts of the traditional media business in flux. Other developments included the rollout of new device-based content ecosystems, red flags and red ink for traditional consumer electronics makers, and a resurgence of consumer purchases of movies. Read more at GigaOM Pro »

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lovefilm

U.K. Netflix clone Lovefilm just announced an app for LG’s smart TV’s, and the company is also getting ready to launch on Roku’s media streamer once the device becomes available to Britons. Details on the Roku app are scarce, but it could launch in early February. Read more »

ultraviolet

Akamai is rolling out new capabilities to its HD Network for video distribution that will make it even easier for content owners to securely distribute content to nearly any device. Targeting new UltraViolet services, Akamai hopes to simplify distribution while adding more security features for customers. Read more »

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Call it the year of lessons learned, if not quite bubbles burst. In 2011, several trends in the connected consumer space that appeared inexorable at the start of the year seemed disorganized by the end. What does that mean for the next 12 months? From cloud-based media storage to daily deals to the fight for the digital living room, 2012 will be a year of consolidation and integration. Both entrepreneurs and investors will figure out that many once-promising standalone business models need to be grounded on more solid, integrated platforms to create real value. Companies mentioned in this report include Hulu, LivingSocial, Netflix and Zynga. For a full list of companies, and to read the full report, sign up for a free trial. Read more at GigaOM Pro »

Roku LT

Got a Roku media streamer as a gift this holiday season? Then check out this guide for some essential tips on how to set it up, what content to watch, how to get additional channels not listed in the Roku store, and what accessories to buy. Read more »

NookBugsLifeMovieDetails

Good news for fans of streaming media who also like low-cost tablets: Plex has ben approved for sale in the Barnes & Noble Nook Store. The app should be downloadable for Nook Tablet and Nook Color users sometime within the next 24 hours, according to Plex. Read more »

vidscale

VidScale wants to make more efficient use of existing infrastructure, by introducing content delivery network and transparent caching technology into their networks. It’s been chosen by Avail-TVN, which is helping network operators to roll out TV Everywhere services and offer more streaming content to users. Read more »

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Greg Wilder, founder of Clio (Orpheus Media Research)

EXCLUSIVE: Clio might not be the most familiar name in the world of music recommendation — but its system is one of the most intelligent. And now the Philadelphia service has strengthened its hand by signing a major deal to provide its services to Hollywood’s biggest studios. Read more »

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Apple is now the confirmed owner of iCloud.com, as originally reported by GigaOM. Trademark applications are also underway, and reports of what’s in store for Apple’s cloud service are gearing up ahead of Monday’s announcement. Here’s what might be in store for consumers. Read more »

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Despite building a massive data center and the expected launch of cloud-based music storage, the troubled history of Apple’s online services suggests the company has yet to come up with a plan for the cloud. How can Apple provide the kind of experience its customers expect? Read more »