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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Chicago company acquires San Mateo-based QuanticMind

Chicago-based Centro Inc., a maker of advertising software, is acquiring a San Mateo-based predictive advertising technology company.  Centro announced Wednesday that it is acquiring QuanticMind Inc. Its software uses artificial intelligence and machine learning to analyze data and provide... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2021-02-24 22:49:15 UTC ]
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4th Estate wins four-publisher auction for 'radical' Osunde debut

Fourth Estate has won a four-publisher auction for Eloghosa Osunde’s “radical and thrilling debut novel Vagabonds! Continue reading at The Bookseller

[ The Bookseller | 2021-02-22 01:47:00 UTC ]
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A fed-up judge condemns the inequities in America’s legal system

Jed S. Rakoff is frustrated that white-collar criminals go free while the indigent do time. Continue reading at The Washington Post

[ The Washington Post | 2021-02-19 17:14:29 UTC ]
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Unseen work by Proust announced as ‘thunderclap’ by French publisher

The Seventy-Five Pages, out next month, contains germinal versions of episodes developed in In Search of Lost Time and opens ‘the primitive Proustian crypt’For everyone who decided to bite the madeleine and read all 3,000-odd pages of Marcel Proust’s In Search of Lost Time during lockdown,... Continue reading at The Guardian

[ The Guardian | 2021-02-16 15:21:36 UTC ]
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The French #MeToo Memoir That Ensnares the Abuser in His Own Trap

Vanessa Springora’s memoir, Consent, electrified the French literary world. American readers will find it exhilarating. Continue reading at Slate

[ Slate | 2021-02-15 10:50:00 UTC ]
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PEN America Announces Its 2021 Literary Award Finalists

A total of more than US$380,000 goes to the winners of to be selected from this year's finalist lists, which include 20 debut works. The post PEN America Announces Its 2021 Literary Award Finalists appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-02-11 01:54:30 UTC ]
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Here are the finalists for the 2021 PEN America Literary Awards.

Today, PEN America announced the finalists for its 2021 Literary Awards, which recognizes and honors “dynamic, imaginative, and thought-provoking” books published in the last year. Previous winners include Nafissa Thompson-Spires, Imani Perry, and Yiyun Li. The 55 finalists were selected across... Continue reading at Literrary Hub

[ Literrary Hub | 2021-02-10 16:43:48 UTC ]
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Léna Situations, Upstart French Influencer, Is Rattling the Literary Lions

The social media star known as Léna Situations, 23, had a pretty eventful 2020. She racked up millions of followers, became a best-selling author — and attracted criticism from the Paris book world. Continue reading at The New York Times

[ The New York Times | 2021-02-03 16:55:22 UTC ]
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‘A retail media company’: How CAMP wants its online content to eventually drive customers back to stores

CAMP had to shift from brick-and-mortar to a strategy that more directly resembles a digital publisher with a penchant for e-commerce. The post ‘A retail media company’: How CAMP wants its online content to eventually drive customers back to stores appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2021-02-03 05:01:00 UTC ]
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‘A retail media company’: How CAMP wants its online content to eventually drive customers back to stores

CAMP had to shift from brick-and-mortar to a strategy that more directly resembles a digital publisher with a penchant for e-commerce. The post ‘A retail media company’: How CAMP wants its online content to eventually drive customers back to stores appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2021-02-03 05:01:00 UTC ]
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Fairfax federal health IT company to add nearly 300 jobs

Fairfax’s Kreative Technologies LLC, an information technology firm focused on the federal heath care market, is adding nearly 300 jobs as part of a $1.5 million expansion announced Tuesday by the governor’s office. According to the announcement, Kreative will grow its workforce from 67 to... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2021-02-02 23:33:02 UTC ]
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The debate about fixing America’s information ecosystem

Last week, Margaret Sullivan, a media critic at the Washington Post, argued that we need to get the “Fox News monster” under control. “I do not believe the government should have any role in regulating what can and can’t be said on the air, although I often hear that proposed. That would be a... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2021-02-01 13:29:07 UTC ]
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Should social media companies alone have the power to ban Donald Trump?

Should the public be represented if digital media has created a new public square? Continue reading at Media Week

[ Media Week | 2021-01-12 14:01:06 UTC ]
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Digital media company launches flagship site iPondr to 'foster a more connected society'

Digital media company Pondr Global launched its flagship site, called iPondr, on Monday. The site is focused on national stories that aren't quite breaking news. It launched with verticals including "Dimensions of Health," "Women at Work," and "The Great Rural" and stories on subjects like... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2021-01-12 12:00:09 UTC ]
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There Are as Many Americas as There Are Pedros

“The world will come between you,” writes Marcos Gonsalez in the prologue of his memoir Pedro’s Theory: Reimagining the Promised Land. The you here refers to both the author and his father, an immigrant from Mexico, captured in a photograph from the author’s childhood. “Hundreds of years of... Continue reading at Electric Literature

[ Electric Literature | 2021-01-12 12:00:00 UTC ]
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Bloomsbury Continuum to publish Bryant's 'modern-day Letter from America’

Bloomsbury Continuum has acquired When America Stopped Being Great by BBC New York correspondent Nick Bryant. Continue reading at The Bookseller

[ The Bookseller | 2021-01-11 12:55:05 UTC ]
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Comscore's new investors will leave once embattled company is 'essentially debt free'

CEO Bill Livek alludes to bigger, but debt-laden, rival Nielsen with analogy to how Netflix overtook Blockbuster. Continue reading at Advertising Age

[ Advertising Age | 2021-01-08 00:41:20 UTC ]
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Mateo Askaripour’s ‘Black Buck’ is an irresistible comic novel about the tenacity of racism in corporate America

“Black Buck” is alternately sly and sweet, a work of cultural criticism that laments and celebrates the power of money. Continue reading at The Washington Post

[ The Washington Post | 2021-01-04 11:03:33 UTC ]
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Baltimore-based lending software company to be acquired by Netherlands firm for $280 million

Baltimore tech company eOriginal is set to be acquired by Netherlands-based Wolters Kluwer for about $280 million, the information and software firm announced in a news release Thursday. Continue reading at Baltimore Sun

[ Baltimore Sun | 2020-12-10 22:23:55 UTC ]
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Denver's Tattered Cover Bookstore Is Now the Largest Black-Owned Bookstore in the U.S.

Denver's iconic Tattered Cover Bookstore, which has been owned by Len Vlahos and Kristen Gilligan since 2015, has been sold to two entrepreneurs and Denver natives, Kwame Spearman and David Back. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-12-09 05:00:00 UTC ]
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