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 ]
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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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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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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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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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’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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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 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 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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“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 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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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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“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 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 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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In visceral essays, Michael Eric Dyson explains the unrest after George Floyd’s killing. Continue reading at The Washington Post
[ The Washington Post | 2020-12-04 13:00:00 UTC ]
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“It takes a huge toll to live the trauma of being a Black person in a white-supremacist country and then write it as well,” Oluo says. Continue reading at The Washington Post
[ The Washington Post | 2020-12-03 13:00:00 UTC ]
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At the end of January this year, Belarusian President Alexander Lukashenko hosted US Secretary of State Mike Pompeo at the Independence Palace, a glassy, corporate-looking building on Prospekte Pobeditelei (Winners Avenue) in central Minsk. Pompeo was the highest-ranking American official to... Continue reading at Literrary Hub
[ Literrary Hub | 2020-11-30 09:48:38 UTC ]
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The book critic and Fake Accounts author says that smart readers are not being served by the publishing industry. The post Lauren Oyler on America’s Alienating Literary Culture appeared first on The Millions. Continue reading at The Millions
[ The Millions | 2020-11-18 21:30:25 UTC ]
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My first novel was released within six months of Hillbilly Elegy, J.D. Vance’s memoir of Appalachian roots and a youth spent in a Rust Belt community with a dearth of jobs and resources. Vance’s book came out just before the 2016 election; mine was released just after. Donald Trump’s victory had... Continue reading at Electric Literature
[ Electric Literature | 2020-11-17 12:01:45 UTC ]
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