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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Viking signs 'spellbinding' new Tana French novel

Viking has signed a “spellbinding” new novel from Tana French about a retired Chicago police officer who moves to a small rural Irish town, and is drawn into the mystery of a missing boy. Continue reading at The Bookseller

[ The Bookseller | 2020-05-31 14:50:28 UTC ]
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Buster Books acquires Jess French's mindfulness-inspired picture book

Buster Books, the children's imprint of Michael O’Mara Books, will publish CBeebies presenter Dr Jess French's first book. Continue reading at The Bookseller

[ The Bookseller | 2020-05-21 16:01:48 UTC ]
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French publishers warn of 'severe and lasting damage' from pandemic

The French Publishers Association (Syndicat National de l’Edition, SNE) said on Tuesday (19th May) that the Covid-19 pandemic has inflicted “severe and lasting damage” to French publishers. Continue reading at The Bookseller

[ The Bookseller | 2020-05-19 15:13:17 UTC ]
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Greater Washington lands another company on the Fortune 500

Fortune has unveiled its 2020 list of the 500 largest publicly traded American companies, and just like it did in 2019, Fairfax County has a new entrant. Reston’s Science Applications International Corp. (NYSE: SAIC) enters the Fortune 500 at No. 466 with $6.38 billion in 2019 revenue, up 37%... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-05-18 22:02:41 UTC ]
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Librarians, America Is Counting on You

In the wake of the Covid-19 crisis, another critical transformation looms for public libraries. And the American public is counting on librarians to get it right. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-15 04:00:00 UTC ]
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Rob Biddulph to attempt world record for largest online art lesson

Children's author and illustrator Rob Biddulph is attempting to break the world record for the largest online art lesson, in partnership with HarperCollins and global talent investor Entrepreneur First. Continue reading at The Bookseller

[ The Bookseller | 2020-05-06 15:32:05 UTC ]
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Aerospace company announces Greater Dayton expansion

An aerospace company is planning a $4 million expansion of its facilities in West Chester Township, officials announced this week. Barnes Aerospace, a division of Connecticut-based Barnes Group Inc. (NYSE: B), is adding 3,400 square feet of space to its existing Maintenance, Repair and Overhaul... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-05-06 10:45:00 UTC ]
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Lookout Books Partners With Indies to Provide Virtual Backgrounds

Lookout Books, a teaching press housed at the University of North Carolina-Wilmington, is partnering with indies to provide students and others with virtual bookstore backgrounds to maintain confidentiality during video calls. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-06 04:00:00 UTC ]
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The Go-Go’s had a reputation as America’s wholesome sweethearts. Bassist Kathy Valentine tells a different story.

“All I Ever Wanted: A Rock ‘n’ Roll Memoir” offers a vibrant look at the band’s alcohol- and drug-fueled heyday. Continue reading at The Washington Post

[ The Washington Post | 2020-05-05 12:13:40 UTC ]
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Make America Sacred Again: Spotlight on Glenn Aparicio Parry

With Original Politics, Nautilus Book Award winner Parry looks to heal divisions and unify the United States. (Sponsored) Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-04 04:00:00 UTC ]
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Aerospace company announces Greater Cincinnati expansion

An aerospace company is planning a $4 million expansion of its facilities in West Chester Township, officials announced Wednesday. Barnes Aerospace, a division of Connecticut-based Barnes Group Inc. (NYSE: B), is adding 3,400 square feet of space to its existing Maintenance, Repair and Overhaul... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-05-01 16:08:55 UTC ]
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Kate Mortenson launching national digital media company, raising $10M

Pondr hopes to raise at least $10 million this year and has already netted at least $1 million from Cargill heirs Whitney and Betty Macmillan. Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-04-30 09:00:00 UTC ]
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When Enemies of Coffee Tried to Destroy Morning in America

William H. Ukers, not much over thirty, started working on his book in 1905, traveling and gathering material for a year. After he returned home to New York, he scoured nearby libraries and museums. Wherever he couldn’t go himself, he sent auxiliaries, appointing research assistants to mine... Continue reading at Literrary Hub

[ Literrary Hub | 2020-04-24 08:48:46 UTC ]
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Ten Memoirs to Keep You Company in Isolation: A Reading List

Recently, I threw out the first 60 pages of the novel I am currently working on. I had been determined to challenge myself by writing in the third person—I had spent the last ten years working on my first novel in the first person and I thought I was ready for something new and difficult. […] Continue reading at Literrary Hub

[ Literrary Hub | 2020-04-21 08:48:34 UTC ]
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The false ‘debate’ over reopening America

On March 24, President Trump told a Fox News virtual town hall that he’d love to have America “opened up and just raring to go” by Easter. Bill Hemmer, who was hosting, chuckled, and said that would be “a great American resurrection.” Later the same day, during a second appearance on Fox, Trump... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2020-04-13 12:02:48 UTC ]
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CUP provides free resources to support students during coronavirus outbreak

Cambridge University Press is providing free access to books, research and learning materials for teachers, students and researchers impacted by the coronavirus.  Continue reading at The Bookseller

[ The Bookseller | 2020-04-09 06:39:31 UTC ]
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Gannett Names Former We Company, Time Warner Executive as Chief Financial Officer

Gannett, the owner of USA TODAY and more than 260 other daily publications, appointed a new chief financial officer as Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-04-08 17:34:12 UTC ]
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PRH UK furloughs staff for 'long-term health' of company

Penguin Random House UK has revealed it is furloughing "some" of its staff across the business, extending to staffers in its London office. Continue reading at The Bookseller

[ The Bookseller | 2020-04-06 23:18:38 UTC ]
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Digital Edition Providers See Opportunity in Print Disruption Amid Covid-19

With magazine publishers bracing for a likely downturn in single-copy sales as the COVID-19 pandemic forces the closures of newsstands and retail outlets across the country, providers of digital-replica editions are sensing an opportunity to onboard new clients. "We’re actually seeing a huge... Continue reading at Folio Magazine

[ Folio Magazine | 2020-04-06 15:15:47 UTC ]
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Statement: Ad Tech Companies: Stop Journalism-Harming Keyword Blocking Practices

The News Media Alliance and Digital Content Next call on digital advertisers and digital advertising companies to stop using keyword Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-04-03 21:38:18 UTC ]
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