Sirius XM Wins Appeal Approval and 4 Media Titans Make Waves

AOL, Inc. (NYSE:AOL): The AOL On Network have now added support for Xbox 360, as it gave as many as 40 million Xbox LIVE subscribers access to its connected TV app. The AOL On app is to provide Xbox LIVE users access to a constantly updated selection of The AOL On Network’s library of over 420,000 short-form videos, including AOL original content from properties such as Huffington Post, Engadget, and TechCrunch, and from content partners such as Reuters, AP, BBC, E!, ET Online, Sugar, Splash News, CNET, and Martha Stewart.

Netflix, Inc. (NASDAQ:NFLX): Yesterday, OpenTV filed a patent infringement suit against Netflix, according to Reuters. Kudelski, which is the owner of OpenTV, claimed in the suit that Netflix has infringed upon seven U.S. patents which includes aspects of over-the-top TV technology, adds the report.

Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>

Time Warner Cable Inc. (NYSE:TWC) stated that it chose the Ali Forney Center as the recipients of a Time Warner Cable Learning Lab. The $50,000 grant is to deliver a state-of-the-art technology center for the young people served by the non-profit organization. Now, the youths will be able to access brand-new computers, printers, computer software, tablets, and HD televisions, and Time Warner Cable Business Class is expected to provide complimentary high-speed Wideband Internet to run the Lab and HD DVR and TV services.

Comcast Corporation (NASDAQ:CMCSA) engineers finished a software update on apps for Apple’s iPad, iPhone, and iPod Touch, allowing the company’s Xfinity X1 subscribers to navigate cable programming with voice commands, according to a spokesman’s statement to FierceCable on Thursday.

SIRIUS XM Radio Inc. (NASDAQ:SIRI) and its customers won appeals court approval of a class-action lawsuit settlement that was  challenged by a few satellite radio subscribers claiming that they did not receive enough and the lawyers got too much. Today, the U.S. Court of Appeals in Manhattan confirmed its ruling by a lower court approving the suit settlement, with a value of about $180 million. Plaintiffs’ lawyers gained an award of $13 million in fees.

Don’t Miss: Will News Corp’s Stock Continue Its Steady Ascent?