AOL Wins With Apps and 4 Media Titans Making Waves
AOL (NYSE:AOL) has managed 98 application upgrades and releases in 2012 and observers might be forgiven for assuming that the firm has one of the hardest-working iOS development shops anywhere. However, this year the idea was one of simplification as AOL managed to clean house by removing a number of the 49 applications it had launched since the first day the App Store was open. Retaining 28 apps overall, the company has seen 9 of them achieve top 100 status. Two of which, MapQuest and TechCrunch, have held the first and second positions in their respective categories within the last month.
Netflix (NASDAQ:NFLX) is one of the more high-profile clients of Amazon’s Amazon Web Services, the large and fast-growing business division that provides a variety of services for businesses such as data storage and cloud-based application processing. Netflix employs the service to stream movies and television shows to Netflix users via tablets, TVs, smartphones and other devices. An outage crippled the Netflix streaming service on Christmas Eve for several hours and the company said at the time that the outage was caused by a difficulty at AWS, which has spent the last week looking into the problem. In a Monday statement, Amazon described the problem and though the message is heavy with technical jargon, it basically says that the outage was caused by the inadvertent deletion of some data by an unnamed developer client who had rare high-level access to make such modifications.
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Time Warner Cable (NYSE:TWC) and AMC Networks (AMCX) have extended a carriage accord for AMC’s We TV and IFC channels, according to the Wall Street Journal. The move allows the firms more time to work out a new arrangement for the two channels.
The Walt Disney Company (NYSE:DIS) and Charter Communications (NASDAQ:CHTR) reported a comprehensive long-term distribution accord through which to deliver Disney’s lineup of sports, news and entertainment content to Charter TV customers via televisions, smartphones, computers, tablets, gaming consoles and internet-enabled televisions. It is intended that the intro of content across the new distribution platforms is planned should begin in the first half of 2013.
Comcast Corporation’s (NASDAQ:CMCSA) Les Miserables from Universal Pictures came in third in the weekend domestic box office $28 million, said the Associated Press. Warner Bros’ (NYSE:TWX) The Hobbit: An Unexpected Journey stayed on top for a third-straight week with a $33 million weekend total and Django Unchained coming in second with $30.7 million.
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