3 Media Stocks in Focus: Comcast Posts a Dividend, AOL Pushes for Electronic Ad Sales, and Dish’s Hopper Bounces On
Comcast Corp. (NASDAQ:CMCSA): Comcast has declared a $0.195 per share quarterly dividend, in line with its previous dividends. It has a forward yield of 1.74 percent, for shareholders of record on October 2. It is payable October 23, with an ex-dividend date of September 30.
AOL (NYSE:AOL): AOL is planning to host an “upfront” advertising event to push the sale of ads through electronic exchanges, gambling on the idea that the buying and selling of ads will increasingly be handled by machines. The electronic exchange would allow advertisers to bid on and place ads on a variety of websites, like AOL’s own Huffington Post, and is intended to simplify the enormous market of Internet advertising.
Dish Network (NASDAQ:DISH): Fox News (FOXA) has lost in its attempt to block Dish Network’s ad-hopper technology, which allows users to automatically skip over advertising during regular programming. Fox claims that the Hopper DVR device infringes on copyrights and breaches contracts, although the Ninth Circuit Court of Appeals ruled that Fox didn’t show that it was likely to win its case against the Hopper, Deadline said.