Streaming Movie Service Zediva Pays Hollywood $1.8M, Shuts Down

Score another win for big content against online innovation.
Last Friday, the Motion Picture Association of America announced that the spunky streaming movie startup Zediva agreed to close down permanently and to pay the studios $1.8 million and end its court battle with Hollywood.
Zedivas service, which debuted to the public in March, let users watch recently […]