A French Company Is About to Become America's 4th Largest Cable Provider

After 42 years, the Dolan family will no longer control Cablevision. The New York-based cable operator announced this morning it has agreed to sell to Altice Group, a European telecom company controlled by French cable entrepreneur Patrick Drahi. Altice will pay $34.90 a share, making the deal worth $17.7 billion including debt. The acquisition also includes Newsday Media Group, publisher of Newsday and amNewYork, but does not include the Madison Square Garden Company, which owns the namesake arena and the New York Knicks and New York Rangers. It's the second U.S. deal for Altice this year. The company announced plans to acquire Suddenlink Communications, which operates in 17 midwestern and southern states, in May. Cablevision, which predominately serves the New York metro area and Long Island, has about 3.1 million subscribers. Altice says that with Suddenlink and Cablevision combined, it will be the fourth largest U.S. cable provider, behind Comcast, Charter and Time Warner Cable (the latter two of which are attempting to merge). "The deal underscores the increasingly global nature of premium video content and distribution, a trend that is also illustrated by the international growth path that Netflix is on," said Eric Schmitt, evp of TV and media at cross-channel marketing firm Allant. This morning's deal caps a frenzied two years of cable consolidation as subscribers continue to drop cable in favor of going over the top—Cablevision lost 16,000 cable homes in the... Continue reading at 'AdWeek'

[ AdWeek | 2015-09-18 00:00:00 UTC ]

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2022 PEN America Literary Awards Longlists Announced

PEN America has announced their 2022 Literary Award longlists, with awards in 11 different categories. Here they are. Continue reading at Book Riot

[ Book Riot | 2021-12-15 17:59:20 UTC ]
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How cooperative gig economy companies managed to flourish during the pandemic

‘What is the hope for gig workers who are underpaid and exploited? Cities, in a way. Cities can have a chance to intervene and actually get things done.’ In the Italian city of Bologna, bicycle couriers delivery bread, freshly baked at local bakeries, to nearby businesses every morning. The same... Continue reading at Fast Company

[ Fast Company | 2021-12-12 05:00:34 UTC ]
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Richard & Judy Book Club features Jewell, Slaughter and French

Novels by Lisa Jewell, Karin Slaughter and Tana French are among the six-strong line-up for the Richard & Judy Book Club this winter, with all the choices written by women. Continue reading at The Bookseller

[ The Bookseller | 2021-12-09 05:25:34 UTC ]
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Book Depot Acquires American Book Company

In a major deal in the bargain book business, Book Depot, the bargain book distributor based in Thorold, Ont., has acquired American Book Company headquartered in Knoxville, Tenn. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-12-09 05:00:00 UTC ]
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Is Work Replacing Religion in America?

Ethnographer Carolyn Chen draws on research conducted in the Silicon Valley to argue why the workplace is increasingly replacing houses of worship and how some tech giants have appropriated religious language and culture in her new book, ‘Work, Pray, Code.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-12-08 05:00:00 UTC ]
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Marie-Claire Blais, celebrated French Canadian novelist, dies at 82

Literary critic Edmund Wilson, an early champion, called her “a writer in a class by herself.” Continue reading at The Washington Post

[ The Washington Post | 2021-12-03 01:22:24 UTC ]
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Amazon loses physical retail VP after 14 years with the company

Cameron Janes, an Amazon veteran who has overseen Prime Video, retail and Kindle ventures left the company earlier this week. Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2021-11-24 22:24:32 UTC ]
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Gardners opens sister company in France to mitigate 'frustrations' of Brexit

Wholesaler Gardners is opening a separate sister company in France to mitigate the "frustrations, paperwork, and additional costs" for European customers since the beginning of 2021 due to the changes introduced by Brexit. Continue reading at The Bookseller

[ The Bookseller | 2021-11-24 15:47:37 UTC ]
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Paul Dacre appointed editor-in-chief of Daily Mail parent company

Move comes after former Daily Mail editor pulled out of the running to be next Ofcom chairmanPaul Dacre has returned to the Daily Mail publisher as editor-in-chief of the newspaper’s parent company after pulling out of the running to be the next chair of the media regulator, Ofcom.His... Continue reading at The Guardian

[ The Guardian | 2021-11-22 15:31:03 UTC ]
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An expanded perspective, and a controversial claim, on America’s revolution

Woody Holton looks beyond the founders to find who shaped the push for independence. Continue reading at The Washington Post

[ The Washington Post | 2021-11-19 13:00:00 UTC ]
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People Like Her Didn’t Exist in French Novels. Until She Wrote One.

Fatima Daas’s debut book explores the writer’s conflicted identities as a lesbian, Muslim woman with an immigrant background. In France, it was an unlikely literary hit. Continue reading at The New York Times

[ The New York Times | 2021-11-19 10:21:37 UTC ]
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‘America’s Librarian’ knows why people turn to libraries in times of need

Nancy Pearl, possibly America’s best-known librarian and recommender of books, shares her thoughts on choosing what to read, and when to stop reading. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2021-11-16 23:20:31 UTC ]
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Galgut and Pinker provide Hay Winter Warmer events

Ahead of Hay Festival Winter Weekend, organisers have released five free “Winter Warmer” events online, featuring Booker Prize winner Damon Galgut, novelist Matt Haig, cognitive psychologist Steven Pinker, environmentalist Bill McKibben and writer Siri Hustvedt. Continue reading at The Bookseller

[ The Bookseller | 2021-11-15 21:17:16 UTC ]
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ICF acquires Rockville health IT company

ICF International Inc. (NASDAQ: ICFI) jumped back into the mergers and acquisitions market for the first time in almost two years Tuesday, purchasing Rockville health information technology firm Enterprise Science and Computing Inc. (ESAC) in a deal announced after market close.  Terms of the... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2021-11-02 21:52:00 UTC ]
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How Vincent van Gogh’s Favorite Works of French Literature Influenced His Art and Identity

Vincent van Gogh loved writers as much as he loved painters. It was partly by immersing himself in literature that Van Gogh developed the singular, elegant voice that makes his letters such an important literary achievement. This immersion also helped give him an ability to describe so... Continue reading at Literrary Hub

[ Literrary Hub | 2021-11-02 08:50:51 UTC ]
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Ghost book to be developed as stop-motion series by Jim Henson Company

Rebecca Green's book How To Make Friends With A Ghost (Andersen Press) is being developed by the Jim Henson company as a new stop-motion animation series for children ages five to nine years old. Continue reading at The Bookseller

[ The Bookseller | 2021-10-25 21:42:12 UTC ]
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The last time America broke apart: How author Kevin Boyle retold the 1960s

The award-winning author of 'Arc of Justice' talks about his new book, 'The Shattering,' and how he came to write history for people like his father. Continue reading at Los Angeles Times

[ Los Angeles Times | 2021-10-25 13:00:08 UTC ]
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Watching a Magazine, Reading a Movie: On Wes Anderson’s The French Dispatch

Wes Anderson’s The French Dispatch is probably what you’d call an anthology film—which is to say it’s a compendium of several mini-films, unrelated topically but all connected somehow—but it also might not even be what you’d call a film at all. I’m not sure. We’ll think on this together in a... Continue reading at Literrary Hub

[ Literrary Hub | 2021-10-22 15:57:31 UTC ]
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Julia Elliott and DaMaris B. Hill on Writing Rural America

Novelist Julia Elliott and poet and writer DaMaris B. Hill join hosts Whitney Terrell and V.V. Ganeshananthan to consider the writing and face of rural America—particularly as it might look 30 years from now. First, Elliott talks about growing up as an outsider in her own South Carolina... Continue reading at Literrary Hub

[ Literrary Hub | 2021-10-21 08:50:35 UTC ]
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IPG Buys U.K Distribution Company United Independent Distributors

Independent Publishers Group has acquired U.K.-based United Independent Distributors. IPG CEO Joe Matthews called the deal a “game-changing acquisition,” and one that will make IPG one of the world’s largest book distributors for indie publishers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-20 04:00:00 UTC ]
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