3 Media Stocks in Focus: Netflix Revives ‘The Killing,’ WaPo Gets a New Name, Time Warner’s Discovery Deal
Netflix Inc. (NASDAQ:NFLX): Netflix will be bringing back the police drama The Killing for a fourth season, comprised of six episodes, after the show was canceled — and revived — by AMC Networks. ”The rich, serialized storytelling in The Killing thrives on Netflix [where the first three seasons are available], and we believe that it is only fitting to give Sarah Linden and Stephen Holder a proper send-off,” Netflix Vice President Cindy Holland said in a statement.
Washington Post Co. (NYSE:WPO): The Washington Post Co. will soon be re-dubbing itself the Graham Holdings Co., effective November 29. Accordingly, the company will trade under the ticker GHC; the shift was “a foregone conclusion” after Amazon’s Jeff Bezos bought the Washington Post newspaper and other assets.
Time Warner Cable (NYSE:TWC): Time Warner Cable has inked a deal with Discovery Communications (NASDAQ:DISCA) that includes “authenticated access to Discovery content in the near future” as the latter begins signing its first carriage deals that included access to multi-platform content. The agreement is another step for TV Everywhere, but it’s still unclear if Time Warner subscribers will watch Discovery-owned shows via the cable operator’s TV app or through Discovery’s own website and mobile app.
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