DirecTV Introduces Genie and 4 Media Titans Making Waves
Netflix, Inc. (NASDAQ:NFLX): While investors wonder about the future, Reed Hastings’s salary does not depend on Netflix, Inc.’s business performance. Unlike most publicly traded companies, which often link a portion of executive compensation to specified targets such as the amount of revenue or earnings achieved, Netflix has taken the unusual move of granting only their named executive officers, fully vested stock options.
Time Warner Cable Inc. (NYSE:TWC): Retirement Living TV, RLTV, has made a long-term distribution deal for Time Warner Cable Inc. and Bright House Network cable systems, across the country, to carry this channel before the end of the year. Under the pact, the network aimed at adults fifty years and older, will gain digital cable berths on the nation’s second and sixth-largest cable operators.
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Walt Disney Co. (NYSE:DIS): Walt Disney Co. has adopted a wide reaching, new paper sourcing policy that will help to eliminate the destruction of rainforests, particularly those in Indonesia, where an estimated 2.5 million acres are destroyed by the paper and pulp industry every year. The new commitment, developed with the Rainforest Action Network (RAN) applies to every aspect of the giant company’s direct operations, including, Disney media networks, theme parks, resorts, cruise ships, and all of their product packaging, copy paper and book publishing.
Comcast Corporation (NASDAQ:CMCSA): According to a spokeswoman, Comcast, the nation’s largest cable company, is now aboard the OpenStack cloud effort. They have joined the OpenStack Foundation as a member.
DIRECTV, Inc. (NASDAQ:DTV): DirecTV, Inc. has introduced a new multi-room DVR dubbed the Genie, but Hopper Stopper might have been a better name. The sat caster’s new and improved recording device is aimed squarely at their chief rival Dish Network’s similar DVR offering, which was launched back in January with the brand Hopper. Dish has gotten considerable attention for Hopper because the broadcasters sued the company over their controversial Auto Hop feature, which enables ad-skipping. Genie has no such functionality despite blogosphere rumblings that DirecTV would head in that direction, however it has plenty of other functionality that Hopper lacks, including the ability to record five shows simultaneously and start from the beginning if a viewer tunes in after a program has started.
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