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 ]
Executives at the cosmetic company Mary Kay Inc. have made repeated attempts in recent weeks to stop publication of a book about the company by Jennifer Bickel Cook, the long-time personal administrative assistant to founder Mary Kay Ash. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-10-18 04:00:00 UTC ]
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Commentator adds voice to backlash against Mission Zero editorial project which has been criticised by some longtime supporters of climate actionGet our free news app; get our morning email briefingThe prominent Murdoch commentator Andrew Bolt says News Corp Australia’s major editorial campaign... Continue reading at The Guardian
[ The Guardian | 2021-10-12 16:30:58 UTC ]
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A total of 107 publishers will be present on the 1,000 square metre International Bureau of French Publishing (BIEF) stand at the Frankfurt Book Fair, including market leaders Hachette Livre and Editis. Continue reading at The Bookseller
[ The Bookseller | 2021-10-11 11:50:34 UTC ]
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Melinda French Gates will launch Moment of Lift Books, a new nonfiction imprint, at Flatiron Books. The imprint's first three titles are due in 2023. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-10-07 04:00:00 UTC ]
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We’ll get into why Facebook saw its entire business fall off a cliff on Monday, but first: e-readers.It’s a device category we don’t see much development in — probably because it’s very much a device for reading text and not much else. Amazon’s Kindle, thanks to its powerful online e-book store,... Continue reading at Engadget
[ Engadget | 2021-10-06 11:15:08 UTC ]
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Literati and Hollywood royalty alike were back at the American Museum of Natural History in New York on October 5 for the PEN America Literary Gala, one of the first major indoor and in-person events held by a literary institution since the pandemic began. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-10-06 04:00:00 UTC ]
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Amor Towles tells the story of a motley crew on a cross-country journey, reveling in the junkyards of broken dreams and the optimism of the postwar era. Continue reading at The Washington Post
[ The Washington Post | 2021-10-05 13:00:00 UTC ]
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Trusted Media Brands just recently acquired Jukin Media. Here's a look at what its strategy looks like — and what channels are set to expand first. The post Case Study: How Trusted Media Brands is prioritizing video after acquiring a viral digital content company appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2021-09-29 04:01:00 UTC ]
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Richard Osman’s The Man Who Died Twice (Penguin) scored the Bookstat e-book number one for the week ending 18th September, doubling up on its overall print number one—and leapfrogging Sally Rooney’s Beautiful World, Where Are You (Faber) in both charts. Continue reading at The Bookseller
[ The Bookseller | 2021-09-23 03:15:19 UTC ]
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Struggling to read more but just can’t find the time? Well, Brooklyn’s Center for Fiction may have the solution (for free!). The staff at the not-for-profit is curating short stories for NYC’s first Short Story Dispenser, which is scheduled to be in commission starting October 2nd. Visitors to... Continue reading at Literrary Hub
[ Literrary Hub | 2021-09-22 18:38:46 UTC ]
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Longwood University has revealed the five finalists for the 2021 John Dos Passos Prize, the oldest literary award granted by a university or college in Virginia. The prize, now in its 40th year, seeks to recognize the country’s “most talented but under-appreciated writers.” Previous winners... Continue reading at Literrary Hub
[ Literrary Hub | 2021-09-20 15:56:12 UTC ]
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Amy Argetsinger traces the path to the crown, as well as the contest’s evolution. Continue reading at The Washington Post
[ The Washington Post | 2021-09-10 12:00:00 UTC ]
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Decision rejecting appeal in Voller defamation case means companies will be likely to ban comments on more social media postsGet our free news app; get our morning email briefingSome of Australia’s biggest media companies have lost a bid in the high court to escape liability for defamatory... Continue reading at The Guardian
[ The Guardian | 2021-09-08 03:33:03 UTC ]
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The books of the last two decades show how overreacting to the attacks unmade America’s values. Continue reading at The Washington Post
[ The Washington Post | 2021-09-03 10:00:07 UTC ]
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The media company is reviewing more than 70 responses, expected to conclude in September. Continue reading at Media Week
[ Media Week | 2021-08-27 17:39:39 UTC ]
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She focuses on racism and other ills, but without offering context or recognizing progress. Continue reading at The Washington Post
[ The Washington Post | 2021-08-20 12:00:00 UTC ]
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The UC-Berkeley professor wrote deeply researched books about the legacy of slavery and Jim Crow. Continue reading at The Washington Post
[ The Washington Post | 2021-08-14 05:31:09 UTC ]
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Former Bonnier Corp. CEO Eric Zinczenko is the new COO/president of his brother David Zinczenko's company Galvanized Media. The post Why two brothers are betting on creating new brands and e-commerce to grow their media company appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2021-08-02 04:01:00 UTC ]
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Dawn French will narrate an audiobook edition of Giles Andreae’s I Love My… picture books for Bolinda, the first time any of the series will be produced in audio. Continue reading at The Bookseller
[ The Bookseller | 2021-07-28 01:59:59 UTC ]
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US-based marketing tech company Open Road Media (OR/M) has acquired UK e-book specialist indie Bloodhound Books for an undisclosed sum. Continue reading at The Bookseller
[ The Bookseller | 2021-07-27 20:12:24 UTC ]
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