Saturday, December 11, 2010

So long old media, hello new media

"Financial services company Standard & Poor's announced changes yesterday to its S&P 500 stock market index, a widely respected compendium of large-cap U.S. public companies: Netflix is on the list for the first time. In the same announcement, rather poignantly, S&P announced that newspaper giant The New York Times Co. has been demoted to its index of mid-size companies (the MidCap 400), as has photography equipment manufacturer Eastman Kodak."

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