AOL Hires CMO and 4 Media Titans Make Waves
AOL, Inc. (NYSE:AOL): Allie Savarino Kline has been named as the new CMO of Ad.com, and AOL’s consistently successful ad network. Recently, AOL got rid of its corporate level CMO, Jolie Hunt, after being in the position for only few months. An interview at BI HQ, has revealed that AOL CEO Tim Armstrong claimed that he booted Hunt because AOL has now begun to funnel all of its marketing dollars into a portfolio of brands, which are to have their own CMOs.
Coinstar, Inc. (NASDAQ:CSTR) shares have been Northland Capital upgraded shares of Coinstar (NASDAQ: CSTR) from a market perform rating to an outperform rating according to a research report that was sent to investors on Wednesday morning. As of now, the firm has a $62.00 price target on the stock.
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Time Warner Cable Inc. (NYSE:TWC)subscribers owning an iPad or iPhone received an update. Now, TWC’s streaming app includes the option to watch selected on-demand content. TWC has stated that the catalog currently includes nearly 4,000 titles in a mix of HD and standard definition, which tends to depend on the provider, and there should be more in the future. It is likely to still be much smaller than the TV catalog. Additionally, Android users and PC owners will see a similar update at the start of 2013.
Walt Disney Co. (NYSE:DIS): The agreement that was announced on December 4 allows Netflix members to watch new Disney, Walt Disney Animation Studios, Pixar Animation Studios, Marvel Studios and Disneynature titles instantly. This begins with 2016 theatrically released features.
Comcast Corporation (NASDAQ:CMCSA) does not intend to chang its name. The company had been considering taking on a new name over the last year following its acquisition of a controlling interest in NBC Universal from General Electric (NYSE:GE), thePhiladelphia Inquirer notes. The company was named by its founder, Ralph Roberts, as a combination of the words “communications” and “broadcast.” Comcast was thinking of changing its name as a manner to rebrand the company as it expanded beyond its pay-TV roots. Comcast executives have decided to continue using the old name, as it added the NBC Peacock to its logo. The iconic peacock is to be located directly over the Comcast name.