This is right on the heels of Netflix announcing that their app would only be available on a subset of the Android handsets (dependent on the carrier) due to no built-in DRM.
So maybe Netflix will be getting their wish of a built-in DRM after all.
Prediction: Chrome gets DRM'ed WebM support and YouTube starts streaming Hollywood movies.
What's with the language "agreed to acquire" over simply "acquired"?
It's possible for shareholders or the government to derail acquisitions; see On2 and ITA for recent examples.