News Corp. REPLACES Times UK Chairman and 4 Media Titans Making Waves
AOL, Inc. (NYSE:AOL): AOL founder and Revolution, LLC CEO Steve Case has claimed that he is seeing “the rise of the rest,” meaning the rise of companies outside of Silicon Valley. Revolution, which is a company based in DC and begun in 2005 is now focused on investing and building “consumer-facing” companies, assists companies “east of the Mississippi,” he states.
Don’t Miss: These Internet Stocks Are EXPLODING Today.
Netflix, Inc. (NASDAQ:NFLX): Yet again, Sen. Patrick Leahy (D-Vermont) has begun proposing a sweep of digital privacy protections that require the government to obtain a probable-cause warrant for the gathering of information like e-mail and other content stored in the cloud. Leahy is the head of the Senate Judiciary Committee, and only a year ago he proposed to amend the 1986 Electronic Communications Privacy Act. However, Leahy wasn’t even able to get a hearing in the committee he heads, which is an indication of the future of this proposal. He has returned, but now he is attempting to attach the proposal to a legislative package regarding video-rental privacy and Netflix that already has momentum.
Coinstar, Inc. (NASDAQ:CSTR) announced the participation of its Chief Financial Officer J. Scott Di Valerio in the Goldman Sachs 21st Annual Communacopia Conference which is to take place in New York on Thursday, September 20, 2012. The chat is to be an informal fireside chat and it is scheduled for 2:55 p.m. EDT.
Time Warner Cable Inc. (NYSE:TWC): Channel numbers for the company’s new Time Warner Cable SportsNet and Time Warner Cable Deportes channels have been changed. The new networks are expected to launch on Oct. 1 and it is intended to be the home for expanded Los Angeles Lakers programming and it is supposed to include coverage of the L.A. Galaxy soccer team. For Time Warner Cable Desert Cities customers, Time Warner Cable SportsNet can is able to be found in HD on channel 403 and Time Warner Cable Deportes HD is channel 481. Both networks are to be available in standard definition on TWC’s expanded service at channels 28 and 35. Those who currently have access to Fox Sports West and Fox Sports Prime Ticket will have access to the new channels as well.
News Corp. (NASDAQ:NWSA): Rupert Murdoch will be replaced by Andrew Knight, who has been a director at the company since 1991, as the chairman of Times Newspapers Holdings, which is the U.K. unit publishing The Sunday Times, according to Deadline London. Murdoch is resigning as part of the proposed split of News Corp into two separate entities.
Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>