Entertaining News

Netflix will replace The New York Times Co. on the Standard & Poor's 500 Index of publicly traded companies. The movie and TV show rental company moves up from the S&P MidCap 400 index for mid-sized stocks, while the newspaper and media company was demoted to that index.

Digital has net degraded NYT shareholder value while it has boosted Netflix. It comes down to superior alignment of content with delivery and external forces. In Netflix case that's long tail movies and TV shows plus broadband plus consumer adoption of delayed viewing habits.

http://www.internetretailer.com/2010/12/14/netflix-replace-new-york-times-sp-500-stock-index

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