Disney Wows Trade Group and 4 Media Titans Making Waves
AOL, Inc.’s (NYSE:AOL) Senior Vice President, David Temkin, who was in charge of technology products including mobile software and e-mail, is leaving the company amid a restructuring of their technology group. Temkin will depart after the end of the year. The move comes as AOL changes from having a team of mobile engineers to a structure where developers will work within the company’s various media, such as Engadget and Moviefone, to build mobile software.
Netflix, Inc. (NASDAQ:NFLX): According to CNet, Nintendo Inc.’s Wii U system is set to launch on Sunday, November 18, but it will only ship with limited functionality. The console will ship without the Nintendo TVii service which will not be activated for the Wii U until December. Also not included for the launch date will be streaming video applications including Netflix (NASDAQ:NFLX), YouTube (NASDAQ:GOOG), Amazon Instant Video (NASDAQ:AMZN) and Hulu Plus — these services are expected to be made available for the system in the coming weeks.
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Time Warner Cable Inc. (NYSE:TWC) showed city officials, media and others their new $82 million data center in Charlotte. The 178,000-square-foot facility, one of three data centers operated by Time Warner Cable Inc., was built on the company’s 90-acre campus off Arrowood Road. A second new building on campus, a 103,500-square-foot administrative building, will open soon. Time Warner has also added 225 jobs in Charlotte, making the campus the company’s largest corporate facility with 1,300 employees.
Walt Disney Co. (NYSE:DIS) California Adventure’s $1 billion makeover has received big commendations from a top international trade group. The Anaheim theme park won three important accolades from the Themed Entertainment Association, called Thea awards, during an expo in Florida. Twelve additional honors were handed out.
Viacom, Inc. (NYSE:VIA): According to the Los Angeles Times and in response to an analyst’s inquiry during their fourth quarter earnings call, Viacom, Inc.’s Chief Executive Officer, Philippe Dauman, reassured everyone that, “MTV is very healthy.” He cited their “great development pipeline,” despite a down slide in ratings and the threat from losing their important Jersey Shore franchise.
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