Liberty Media CLOSING IN on Sirius and 4 Media Titans Making Waves
Coinstar, Inc. (NASDAQ:CSTR): For companies who are involved in recreational activities, as is Coinstar, Inc. and Netflix, Inc.(NASDAQ:NFLX), they are forced to constantly fight to keep up with the industry growth. Recently, the means by which consumers access and watch video content has continued to quickly shift. One example is how the U.S. video rental market saw a loss of about 7.3 percent during 2011 and is predicted to see a further decline of 6.4 percent during 2012. The shares traded up $0.83 (1.62%) recently at $52.06.
Walt Disney Co. (NYSE:DIS): Arbitron (NYSE:ARB) along with comScore (NASDAQ:SCOR) have agreed to work together in the development of a five-platform measurement initiative that is to give persons-level insights via the integration of both companies’ complementary resources. This will include the census and panel-based PC along with the mobile and TV set-top box measurement abilities of comScore coupled with the with enhanced, single-source, multiplatform measurement capabilities of the Arbitron Portable People Meter technology. Disney (NYSE:DIS) owned ESPN is to also collaborate on the initiative’s design as its charter client. The shares traded up $0.88 (1.70%) recently at $52.58.
News Corp. (NASDAQ:NWSA) stated that it still intends to split its publishing business from its film and television divisions. The move will separate a few of the biggest media brands into two separate public companies. The shares traded up $0.24 (0.99%) recently at $24.39.
Viacom, Inc. (NYSE:VIA): According to an appeals court, a lower court’s ruling was incorrect in its decision that a patent held by 1st Media was not able to be enforced. 1st Media claims that its patent regarding an entertainment system that is to be used to buy and storing songs, videos, and multimedia karaoke information was infringed upon by Electronic Arts (NASDAQ:EA), Viacom, and Sony (NYSE:SNE). The shares traded up $1.37 (2.63%) recently at $53.46.
SIRIUS XM Radio Inc. (NASDAQ:SIRI): Liberty Media (NASDAQ:LMCA), continues to come closer to full control of Sirius XM Radio Inc, and Liberty stated that it is a possibility that it could keep its shares through the long term as it is not interested in a spinoff, according to Reuters. The shares traded up $0.05 (2.06%) recently at $2.47.
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