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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Former Bobit CEO Launches New Company, Acquires Machine Learning Conference

An ongoing pause on large-scale gatherings in the U.S. during the second quarter of 2020, unsurprisingly, also led to a near-total shutdown of M&A activity in the conference and trade show space. At the onset of Q3, however, the Machine Learning Conference—an eight-year-old events series... Continue reading at Folio Magazine

[ Folio Magazine | 2020-07-13 16:41:14 UTC ]
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PRH UK and DK join with other Bertelsmann companies for podcast business Storyglass

Penguin Random House UK and DK have joined with Bertelsmann stablemates Fremantle and BMG to launch a joint podcast business, called Storyglass, as part of the Bertelsmann Content Alliance UK. Continue reading at The Bookseller

[ The Bookseller | 2020-07-13 15:51:02 UTC ]
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Education technology firms merge to form Boca Raton-based company with 1,400 employees

New York-based Veritas Equity and Leeds Equity Partners consolidated multiple large education technology firms to form Anthology, based in Boca Raton. The company made it official this week after the private equity companies acquired Boca Ration-based Campus Management; Campus Labs in Buffalo,... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-07-07 18:29:21 UTC ]
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iModules owners merge KC company with two other edtech firms

A Kansas City-based edtech firm with nearly 125 employees is set to lose its brand as part of a three-way merger. iModules Software Inc., founded in 2002, recently completed a move from Leawood to a roomier headquarters in Kansas City. Now, it will create Anthology Inc. by joining with with... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-07-07 18:18:56 UTC ]
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Norman Lock’s ‘American Follies’ mines America’s flawed past for dazzling fiction

The latest installment in Lock’s American Novels series brings together P.T. Barnum and Susan B. Anthony. Continue reading at The Washington Post

[ The Washington Post | 2020-07-07 15:01:01 UTC ]
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What’s gone wrong in America? An outsider explains.

Former Mexican diplomat Jorge G. Castañeda warns that the U.S. is starting to crumble. Continue reading at The Washington Post

[ The Washington Post | 2020-07-03 12:00:00 UTC ]
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Boston private equity firm buys stock media company

This story first ran in DC Inno, a sister publication of the Boston Business Journal. Storyblocks, a digital content company in the Washington, D.C. area, has struck a deal to sell to private equity firm Great Hill Partners, more than a decade after the company’s launch as a stock video... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-06-25 22:32:04 UTC ]
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Libraries to reopen on 4th July as lockdown eases

Libraries in England will be able to reopen from 4th July as the country's lockdown measures continue to ease, Boris Johnson has announced. Continue reading at The Bookseller

[ The Bookseller | 2020-06-22 22:02:41 UTC ]
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How to watch the full John Bolton interview on ABC News live without cable

John Bolton, who has faced criticism over his new book ‘The Room Where It Happened,’ will appear in his first interview on ABC. Here’s how to stream the full interview live. If President Trump thought his weekend couldn’t get any worse after last night’s lackluster rally in Tulsa, he should... Continue reading at Fast Company

[ Fast Company | 2020-06-21 13:04:25 UTC ]
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‘Shakespeare in a Divided America’ considers the tug-of-war over the Bard

James Shapiro’s latest book examines key moments in American history in light of the themes and rhetoric of Shakespeare’s plays. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2020-06-19 22:45:42 UTC ]
More news stories like this | News stories tagged with: #divided america #james shapiro #american history

‘Shakespeare in a Divided America’ considers the tug-of-war over the Bard

James Shapiro’s latest book examines key moments in American history in light of the themes and rhetoric of Shakespeare’s plays. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2020-06-19 22:45:42 UTC ]
More news stories like this | News stories tagged with: #divided america #james shapiro #american history

‘Shakespeare in a Divided America’ considers the tug-of-war over the Bard

James Shapiro’s latest book examines key moments in American history in light of the themes and rhetoric of Shakespeare’s plays. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2020-06-19 22:45:42 UTC ]
More news stories like this | News stories tagged with: #divided america #james shapiro #american history

Inside Minute Media’s Bold Ambitions as a Tech/Publishing Company

President and CRO, Rich Routman, talks to Folio: about his company's ascent as a technology and media company and where publishing should go from here. The post Inside Minute Media’s Bold Ambitions as a Tech/Publishing Company appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2020-06-18 16:54:52 UTC ]
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Digital Media Companies are Likely to Wait Even Longer for Payments

Payment terms are stretching longer and late payments are becoming more prevalent in the digital media industry—trends that were already Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-06-18 16:48:48 UTC ]
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‘The money is just not showing up’: Digital media companies are likely to wait even longer for payments

The average payment terms in the digital media space is 59 days, up from 49 days last year. The post ‘The money is just not showing up’: Digital media companies are likely to wait even longer for payments appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2020-06-18 04:01:34 UTC ]
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Istanbul’s ‘Sunflower’ ITEF Goes Digital – With Translation Provided

The coronavirus pandemic pushes another literary festival into the digital realm, and Turkey's program expects to trump others as a tri-lingual event. The post Istanbul’s ‘Sunflower’ ITEF Goes Digital – With Translation Provided appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-06-15 04:10:08 UTC ]
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Blackheath Séance Parlour optioned for TV by Eve Myles' new company

Empty Room Productions has optioned The Blackheath Séance Parlour (Cutting Edge Press, 2019) by Alan Williams. Continue reading at The Bookseller

[ The Bookseller | 2020-06-12 01:31:08 UTC ]
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Manilla signs memoir exploring womanhood and choice in Trump's America

Bonnier Books UK has acquired Christa Parravani’s "harrowing and beautifully written" memoir Loved and Wanted: A Memoir of Choice, Children, and Womanhood for its new literary imprint Manilla Press. Continue reading at The Bookseller

[ The Bookseller | 2020-06-11 17:12:09 UTC ]
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Rob Biddulph sets new world record for largest online art lesson

Children's author and illustrator Rob Biddulph has broken the Guinness world record for largest online art class, in collaboration with Entrepreneur First and Art World Records. Continue reading at The Bookseller

[ The Bookseller | 2020-06-03 13:43:13 UTC ]
More news stories like this | News stories tagged with: #world record #children's author