Huge losses driven partly by fall in valuation of Australian pay TV service Foxtel and decline in news advertising revenue Rupert Murdoch’s global media empire, News Corp, lost US$1bn in the three months to the end of March and is expecting more financial pain as the economic fallout from the... Continue reading >> [ Source: The Guardian | 2020-05-08 01:49:41 UTC ]
Scholar working on the show says the author’s estate has refused permission to depict any of the events shown in Peter Jackson’s filmsA JRR Tolkien expert working on Amazon’s forthcoming multi-series adaptation of The Lord of the Rings has claimed that the retail and streaming giant has been... Continue reading >> [ Source: The Guardian | 2019-08-09 15:27:18 UTC ]
The Spider-man co-creator files lawsuit over improper sale of his company and digital impersonation. Continue reading >> [ Source: BBC News | 2018-05-16 00:00:00 UTC ]
The education business sold nearly half its stake in the publisher to Bertelsmann, but much of the proceeds will be reinvestedPearson is still going to own a quarter of Penguin Random House, so it’s not too late to hope that it can learn to tell a story like it is. Please, drop this bland... Continue reading >> [ Source: The Guardian | 2017-07-12 00:00:00 UTC ]
As Facebook’s chief operating officer, she is one of the most powerful women in the world. How did she cope with the sudden death of her husband?• Scroll down for an exclusive extract from Sandberg’s new book Sheryl Sandberg’s last words to her husband, like all last words, assumed a haunting... Continue reading >> [ Source: The Guardian | 2017-04-16 00:00:00 UTC ]
Social network and magazine app have been in talks since the beginning of the year, according to reportsTwitter is discussing the possibility of acquiring the social media aggregation app Flipboard at a valuation of more than $1bn, according to reports.Twitter’s chief financial officer Anthony... Continue reading >> [ Source: The Guardian | 2015-05-26 00:00:00 UTC ]
The social network’s results and revenues are failing to impress investors – especially when compared with Facebook’s and Google’sGood news travels fast, but bad news even faster – especially if it’s the release of lacklustre results from Twitter. That’s what happened on Tuesday last week when,... Continue reading >> [ Source: The Guardian | 2015-05-02 00:00:00 UTC ]
Ten years today, the social networking giant has notched up some interesting numbers along the way• How Facebook became the world's biggest social network1.23bn monthly usersBy the end of 2013, Facebook boasted 1.23bn monthly active users worldwide, adding 170m in just one year. According to... Continue reading >> [ Source: The Guardian | 2014-02-04 00:00:00 UTC ]
Microsoft has offered to buy Nook Media for $1bn, according to reports. TechCrunch cites... Continue reading >> [ Source: The Bookseller | 2013-05-09 00:00:00 UTC ]
Written By: Lisa Campbell Publication Date: Thu, 09/06/2011 - 09:19 Private equity firm Najafi Companies is reportedly in discussions to buy Borders in America. The Wall Street Journal said "people familiar with the matter" said the firm, which usually makes investments of $1bn or less, is in... Continue reading >> [ Source: The Bookseller | 2011-06-09 00:00:00 UTC ]
Written By: Philip Jones Publication Date: Fri, 20/05/2011 - 10:11 US bookseller Barnes & Noble has received an offer for the company from Liberty Media, a private investment group. The deal values the business at about $1bn, but Liberty said it expected to spend $500m on the acquisition... Continue reading >> [ Source: The Bookseller | 2011-05-20 00:00:00 UTC ]
Written By: Graeme Neill Publication Date: Mon, 14/02/2011 - 08:46 Borders is expected to file for bankruptcy as soon as tomorrow [15th February], after it failed to agree new funding of more than $1bn with lenders. The book retailer has been struggling for months, with Publishers Weekly... Continue reading >> [ Source: The Bookseller | 2011-02-14 00:00:00 UTC ]