News Corp Faces Suit After Deadline and 4 Media Titans Making Waves
AOL, Inc. (NYSE:AOL): Current price $30.43
AOL, Inc.’s leading automotive research and news sites, AOL Autos and Autoblog, announced that two of their original series, AOL Autos’ TRANSLOGIC and Autoblog’s The List, will now be broadcast on SPEED, the foremost automotive-enthusiast channel on TV and a member of the FOX Sports Media Group starting Tuesday, February 5. AOL Autos and Autoblog will now be available on every screen that consumers watch such as phones, tablets, desktops, and the family room TV set.
Netflix, Inc. (NASDAQ:NFLX): Current price $163.81
According to the Wall Street Journal, this Friday, Netflix, Inc. will begin to find out if they can build something solid out of “House of Cards,” a political drama directed by David Fincher and starring Kevin Spacey as a United States congressman. This is the first original programming financed by Netflix. The question is whether “House of Cards” can transform Netflix’s reputation as a repository for movies and children’s fare and help the company move into territory dominated by Time Warner (NYSE:TWX) HBO and CBS Corp.’s (NYSE:CBS) Showtime.
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DIRECTV, Inc. (NASDAQ:DTV): Current price $51.51
DIRECTV, Inc. continues to make great strides toward evolving their DIRECTV Everywhere service with a new digital video ad insertion solution developed in partnership with FreeWheel, a video advertising technology provider. Through the new partnership, DIRECTV is investing in a core component of the TV Everywhere ecosystem, creating a new revenue stream for the platform which allows customers to access the most popular TV shows and movies anytime, anywhere and on any device. In addition to the commercial agreement, DIRECTV has also taken an equity position in FreeWheel. The investment will enable DIRECTV to have insight into the product road map and industry evolution as well as develop deeper relationships with industry leaders and key partners.
News Corp. (NASDAQ:NWSA): Current price $27.85
According to two people familiar with the matter, News Corp.’s United Kingdom’s publishing unit faces at least six new lawsuits by victims of tabloid phone hacking, even after a court-issued deadline passed for filing such cases. The new victims will seek permission at a Feb. 8 hearing in London to join a group civil trial that is scheduled for June.