Wednesday, January 11, 2012

Microsoft Corporation (NASDAQ:MSFT) Gets In Bed With News Corp

Microsoft Corporation (NASDAQ:MSFT) has teamed up with News Corporation to
launch New TV, News and Web Video Apps for Xbox 360. Microsoft Corporation
(NASDAQ:MSFT) Gets In Bed With News Corp Microsoft Corporation (NASDAQ:MSFT) and
News Corporation have announced plans to launch a series of new apps for Xbox
LIVE. The new applications are expected to feature content from News Corp.'s
leading broadcast, news and Web properties. Alex Garden, general manager,
Microsoft Corporation (NASDAQ:MSFT) Xbox LIVE, said that, "This new
partnership with News Corp., which will bring FOX, Fox News, IGN and The Wall
Street Journal to the Xbox LIVE service, is a significant milestone in our
vision to bring consumers the entertainment they love, shared with the people
they care about, made easy. With these new properties on Xbox, you'll have
great on-demand TV options, and using the magic of Kinect, you'll be able to
find the entertainment you want by simply using your voice — whether it's
news and headlines from Fox News and The Wall Street Journal or your favorite
FOX shows, like 'Family Guy' and 'Glee'". Microsoft Corp.
(NASDAQ:MSFT) shares were at 27.84 at the end of the last days trading. Theres
been a 3.0% movement in the stock price over the past 3 months. Microsoft Corp.
(NASDAQ:MSFT) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.95 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.77 Zacks
Rank: 75 out of 90 in the industry

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