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 ]
Yuval Levin laments the lack of trust in structures that can help the nation flourish. Continue reading at The Washington Post
[ The Washington Post | 2020-02-07 13:00:00 UTC ]
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In the past decade, digital media has experienced a boom-and-bust cycle. Sites that were buoyed in the early 2010s by digital-advertising dollars watched their traffic plummet in subsequent years as readers shifted to consuming content on social media. The next step for many publishers like Vice... Continue reading at Columbia Journalism Review
[ Columbia Journalism Review | 2020-01-30 17:05:04 UTC ]
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Jonathan Rosenberg recalls the musicians who stirred public debate, outrage and pride. Continue reading at The Washington Post
[ The Washington Post | 2020-01-24 02:42:42 UTC ]
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Khaled Lotfy, whose firm Tanmia published a new edition of a book about Egyptian double agent Ashraf Marwan, has been sentenced to five yearsCairo international book fair has excluded imprisoned publisher Khaled Lotfy’s firm from the event citing “security reasons”, the International Publishers... Continue reading at The Guardian
[ The Guardian | 2020-01-22 13:55:22 UTC ]
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A proposed law in Missouri would fine, and possibly jail, librarians who provide books to children that a parental board deemed inappropriate, a policy so extreme that it has attracted national attention. House Bill 2044, or “the Parental Oversight of Public Libraries Act,” introduced by... Continue reading at Literrary Hub
[ Literrary Hub | 2020-01-16 16:35:23 UTC ]
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French independent bookshops increased their sales by 7.1% last year, despite a 1.3% drop in December because of continuing yellow vest social protests and the start of transport and other strikes against national pension reform on 5th December, according to the Booksellers Observatory. Continue reading at The Bookseller
[ The Bookseller | 2020-01-12 12:12:56 UTC ]
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In her debut novel, Reid weaves together the story of a babysitter experiencing a quarter-life crisis and the tale of her privileged employer. Continue reading at The Washington Post
[ The Washington Post | 2020-01-07 00:07:56 UTC ]
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Bellefield Systems, a Sewickley-based software firm, has been acquired by Aderant. The local firm specializes in timekeeping software for lawyers, including iTimekeep and OCG Live. The company has 24 employees at its office, according to data from the most recent Book of Lists. “When we... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2019-12-26 16:39:21 UTC ]
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The Primadonna Festival will return in 2020 as a Community Interest Company (CIC), with a £20,000 crowdfunder launching, and writer Catherine Riley taking on the role of full-time general manager. Continue reading at The Bookseller
[ The Bookseller | 2019-12-20 04:55:31 UTC ]
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Clifford Thompson explores the dissonance surrounding race — and his own worldview. Continue reading at The Washington Post
[ The Washington Post | 2019-12-19 21:49:25 UTC ]
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While the Guadalajara International Book Fair is is a regional rights hub, the biggest player missing is the Latin American literary agent. The post Rights Perspectives From Guadalajara as a ‘Gateway to Latin America’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-12-19 10:30:30 UTC ]
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Little America, the anthology series based on true stories about immigrants in the US, arrives on Apple TV+ on January 17th. Apple will release all of season one's episodes at once, rather than weekly as it's done with other shows, and more than a mo... Continue reading at Engadget
[ Engadget | 2019-12-12 23:19:00 UTC ]
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Inspired Search & Selection has been named the best small company to work for at the Institute of Recruitment Professionals annual awards. Continue reading at The Bookseller
[ The Bookseller | 2019-11-29 08:19:49 UTC ]
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A bookseller’s version of ‘The Sound of Music’ for the busy, exhausting 4th quarter. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-11-25 13:00:38 UTC ]
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Pamela Newkirk explores the failures — and one success — of corporate diversity initiatives. Continue reading at The Washington Post
[ The Washington Post | 2019-11-22 01:40:20 UTC ]
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The merger of GateHouse Media and Gannett is now final, creating the largest newspaper publisher in the nation and raising concerns about the industry’s future. Continue reading at The New York Times
[ The New York Times | 2019-11-19 23:46:16 UTC ]
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Andy Ward has been named a new vice president and publisher at Random House. Formerly editor in chief, Ward moves into the spot long held by the beloved Susan Kamil, who died in September. Ward has edited the likes of David Mitchell, George Saunders, and Imbolo Mbue, and will see his role as... Continue reading at Literrary Hub
[ Literrary Hub | 2019-11-19 15:22:43 UTC ]
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After Hearst Connecticut Media reported on a lawsuit alleging past sexual abuse at the Boys & Girls club in Greenwich, Continue reading at Editor & Publisher
[ Editor & Publisher | 2019-11-15 08:00:25 UTC ]
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Cengage has reported revenue of $693m in the six months to end September 2019, a fall of 9.1% from the first-half in the previous financial year ($762.6m). Continue reading at The Bookseller
[ The Bookseller | 2019-11-14 21:42:50 UTC ]
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Shareholders approved a deal to combine GateHouse Media, which has received SoftBank funding, with the publisher of USA Today. Continue reading at The New York Times
[ The New York Times | 2019-11-14 20:26:07 UTC ]
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