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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Racism, ‘Fortune,’ and America’s True History Laid Bare in New Book

In 'Fortune: How Race Broke My Family and the World and How to Repair it All,' author and activist Lisa Sharon Harper says structural racism isn't just a political or even only an ethical problem – it's a religious one as well. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-02-09 05:00:00 UTC ]
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Springer Nature: Open Access Transformative Agreements in the Americas

The latest of the 17 national transformative agreements Springer Nature has announced are in Canada and Colombia. The post Springer Nature: Open Access Transformative Agreements in the Americas appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-02-08 16:07:39 UTC ]
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Lakeside Book Company to Buy Phoenix Color

Lakeside Book Company, the book printing division of LSC Communications, will acquire Phoenix Color from ALJ Regional Holdings for $134.8 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-02-07 05:00:00 UTC ]
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PEN America Announces Finalists for 2022 Literary Awards

65 authors and translators are nominated across 11 awards. Winners will be announced at an in-person ceremony on February 28. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-26 05:00:00 UTC ]
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Jonathan Evison’s ‘Small World’ feels like a big statement about America

In "Small World," short chapters and sheer eventfulness keep the story chugging along. Continue reading at The Washington Post

[ The Washington Post | 2022-01-21 12:00:01 UTC ]
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Kate Clanchy ‘parts company’ with publisher after discrimination row

Author whose Orwell prize-winning Some Kids I Taught and What They Taught Me sparked online controversy last summer will no longer be published by Pan Macmillan Kate Clanchy and her publisher Pan Macmillan will no longer be working together, and distribution of all of her titles is to cease,... Continue reading at The Guardian

[ The Guardian | 2022-01-20 12:43:07 UTC ]
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Pan Macmillan ceases distribution of Clanchy's books as pair part company

Pan Macmillan and author Kate Clanchy have parted company “by mutual consent”, with the publisher reverting the rights and ceasing distribution of all her work following criticism of Some Kids I Taught and What They Taught Me. Continue reading at The Bookseller

[ The Bookseller | 2022-01-20 09:10:15 UTC ]
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Historic England's Hudson sets up own publishing company

John Hudson, formerly head of publishing at Historic England, has set up his own publishing company, focused on architectural and landscape history. Continue reading at The Bookseller

[ The Bookseller | 2022-01-18 22:49:15 UTC ]
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Storytel revenues up 20% in 2021 as company eyes more exclusive content

Swedish audio streaming company Storytel’s revenues for the last quarter of 2021 were up 20% on the previous year, in line with its forecast. Continue reading at The Bookseller

[ The Bookseller | 2022-01-11 18:19:04 UTC ]
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French book trade reports 20% sales surge in 2021

The coronavirus pandemic may continue to cloud people’s lives, but it has generated a silver lining for the French book business.  Continue reading at The Bookseller

[ The Bookseller | 2022-01-10 14:15:46 UTC ]
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Revenues up £1.3m at Roald Dahl Story Company before Netflix deal earned £370m

The Roald Dahl Story Company, which manages the rights to the authors characters and stories, made £27.1m in the year to December 2020, up £1.3m from £25.8m in 2019, before its 2021 acquisition by Netflix earned the estate £370m. Continue reading at The Bookseller

[ The Bookseller | 2022-01-09 17:39:30 UTC ]
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French Publishers on the Hachette-Editis Merger: ‘Such a Concentration’

The SNE warns of 'a concentration such as the French book market has never known' in the merger of Vivendi and Lagardère. The post French Publishers on the Hachette-Editis Merger: ‘Such a Concentration’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-01-07 14:14:43 UTC ]
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Barnes & Noble Unveils Union Square & Company

Approximately one year after Barnes & Noble CEO James Daunt tapped Emily Meehan to reinvent the retailer’s publishing operation, Meehan has unveiled a new name for the company and a host of new initiatives. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-07 05:00:00 UTC ]
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French PA raises concerns over merger of Hachette Livre and Editis

The French Publishers Association (Syndicat National de l’Edition, SNE) and a group of authors have sounded alarm bells over the imminent merger between France’s two largest book publishers, Hachette Livre and Editis, into a single media group. Continue reading at The Bookseller

[ The Bookseller | 2022-01-05 15:58:02 UTC ]
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Why being Black in America so often involves some kind of performance

Michael Eric Dyson explains the intersection of race, entertainment and survival. Continue reading at The Washington Post

[ The Washington Post | 2021-12-30 13:00:00 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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