AOL Profits With Patch and 4 Media Titans Making Waves

AOL, Inc. (NYSE:AOL): Current price $29.70

AOL Inc. (NYSE:AOL)’s Chief Executive Officer, Tim Armstrong, says about 100 of the company’s 900 Patch sites are now profitable as the Internet media firm seeks to use their costly local online news network to help fuel an ongoing turnaround effort. “There’s about 100 (Patch) towns, or more than 100 towns, that are profitable,” Mr. Armstrong said during an appearance at the Citi Global Internet, Media & Telecommunications Conference. Mr. Armstrong added that AOL is working to make the overall Patch network to profitable by the end of this year.

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Netflix, Inc. (NASDAQ:NFLX): Current price $98.98

Netflix, Inc. is testing new multi-user, personalized profiles for single accounts, with a limited number of subscribers. The new functionality will let you create a profile for each member of your household, complete with personalized viewing recommendations and independent streaming queues. There are also parental controls for profiles for children under 12.

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Coinstar, Inc. (NASDAQ:CSTR): Current price $48.89

After the unexpected retirement of Paul Davis, Coinstar Inc., owner of the Redbox movie-rental kiosks, named Chief Financial Officer J. Scott Di Valerio to be Chief Executive Officer.  Di Valerio will assume the new role after Davis, 55, retires on March 31, Bellevue, Washington-based Coinstar, said in a statement. Galen Smith, Senior Vice President of Finance at Redbox, will succeed Di Valerio as CFO. The shares declined on the news.

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Walt Disney Co. (NYSE:DIS): Current price $50.83

A Walt Disney World vacation is meant to be magical, where families take a trip to see Mickey Mouse and pals, but many Orlando vacations turn frustrating due to long lines for just about everything. This week, Disney has revealed a high-tech innovation aimed at solving this unpopular problem. It’s called MyMagic+, a program announced to act as an “umbrella” under which a variety of technologies unite to help visitors plan vacations, including reserving FastPass times for attractions, booking dining reservations, and paying for things such as theme park entry, items at shops and pre-ordered food.

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SIRIUS XM Radio Inc. (NASDAQ:SIRI):Current price $3.1050

Sirius XM Radio announced that beginning in 2013, Toyota (NYSE:TM) will significantly increase the availability of SiriusXM across their entire vehicle line-up. SiriusXM will now be standard on the majority of Toyotas’ multimedia systems.

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