» Alberto Ibarguen, former The Miami Herald Publisher, just joined AOL ‘Board, MediaMoves reports. According to AP, AOL will pay Alberto a cash retainer of $100,000 and equity valued at $150,000. He replaces William Hambrecht, who has resigned from the board.

» A Portada exclusive yesterday revealed that fomer Rumbo executive Jonathan Friedland is joining Netflix. We don’t know if Friedland’s employment agreement includes stock options, but if it does things may work out very well for Friedland. At least that is what TV and Stock guru Jim Cramer thinks Paidcontent reports. “As Cramer sees it, the robust launch of Demand Media (NYSE: DMD) last week will be the first of a bunch of private companies going public that he rather loosely categorized with the “social media” label. While he mentioned Zynga, Groupon and Skype, he seized on Facebook in particular as a company that could command such a massive market capitalization that Netflix, which Wall Street should love for its subscription revenues, will shine by comparison.”.

» U.S. newspaper companies are slowly seeing the light at the end of the tunnel. Gannett, the largest U.S.newspaper company, saw its profits increase by 30% during the fourth quarter 2010, partly due to a strong increase in digital revenues. Overall revenues, however, are still flat highlighting the challenge newspaper companies face when trying to increase top line growth.


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