Netflix Tops 30M Members and 4 Media Titans Making Waves
AOL, Inc. (NYSE:AOL) announced today that its Chairman and CEO, Tim Armstrong, intends to participate in the Wells Fargo Securities Technology, Media & Telecom Conference taking place on November 7, 2012 at the New York Palace Hotel. Mr. Armstrong’s presentation is scheduled to start around 8:30 AM Eastern Time (ET). There will be a live audio webcast available online at http://ir.aol.com.
Netflix, Inc. (NASDAQ:NFLX) has over 30 million global members, which includes more than 25 million in the U.S. The company’s recent expansion is due to both ongoing growth of U.S. and Canadian streaming subscribers along with the introduction of the Netflix “watch instantly” service to new markets located in Latin America and Europe. As of now, Netflix is available in 51 countries, and Sweden, Norway, Denmark and Finland the newest additions.
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Time Warner Cable Inc. (NYSE:TWC): Time Warner Cable Sports stated: “With the Los Angeles Lakers, LA Galaxy and Los Angeles Sparks, two networks and unprecedented behind-the-scenes programming, Time Warner Cable SportsNet and Time Warner Cable Deportes are delivering tremendous value for Southern California sports fans. Any assertion that we are the highest priced regional sports outlet in the country is simply untrue; as a significant buyer of regional sports across the country, we know that there are higher priced regional sports networks, including Root Sports that we buy from DirecTV (NASDAQ:DTV). Cox (COX) and DirecTV know that there is no regional sports network anywhere in the country that is offered on an optional tier — that would be unprecedented. If Cox or DirecTV choose not to carry our networks, we and their customers will be very disappointed but we are confident there will be other alternatives for their customers to see this highly-anticipated Lakers season.”
Walt Disney Co. (NYSE:DIS): The holiday season has caused a new connection between iconic Disney characters and modern-day fashion designers. Harrods, similarly to Barneys New York, adopted a Disney theme for its holiday campaign. The world-famous U.K. department store intends to feature modern interpretations of classic princess gowns, which were created by 10 of the industry’s leading designers, in its window displays.
News Corp. (NASDAQ:NWSA): Campaigning group FairPensions continues to try to influence BSkyB’s shareholders to vote against the James Murdoch’s reelection at the satellite broadcaster’s annual general meeting next week. Activist group FairPensions, which is a charity promoting responsible investment by fund managers, hopes that investors will force Murdoch out on the grounds due to poor judgment and corporate governance in regards to the phone hacking affair that engulfed the newspaper division of BSkyB’s largest shareholder, News Corporation.
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