» Alberto Ibarguen, former The Miami Herald Publisher, just joined AOL ‘Board, MediaMoves reportsccording 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
» A Portada exclusive yesterday revealed that former Rumbo executive Jonathan Friedland is joining NetflixTV and Stock guru Jim Cramer Paidcontent reports. “As Cramer sees it, the robust launch of Demand Media ( thinks. 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 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.