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 ]
EBay CEO Devin Wenig is stepping down from his position as the California-based e-commerce company considers selling some assets and appoints an interim leader, the company announced Wednesday morning. Wenig, who also held the title of president and was a director of the company, had been with... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2019-09-25 15:52:24 UTC ]
More news stories like this | News stories tagged with:
#joined ebay
#interim leader
#three-year stint
#thomson reuters
In the wake of a series of recent reports on book banning in the nation’s prison systems, PEN America has released a new policy report that condemns the practice and issues an urgent call for reform. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-09-24 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#recent reports
#book banning
#prison systems
#pen america
#urgent call
Someone needs to do a major rewrite of the Wikipedia article about Axel Springer because it’s not a digital publisher anymore like Continue reading at Editor & Publisher
[ Editor & Publisher | 2019-09-23 18:00:02 UTC ]
More news stories like this | News stories tagged with:
#tech company
#digital publisher
Just after US trade regulators approved tariff exemptions for Apple, meaning that it could manufacture products abroad and import them without huge financial penalties, the company has announced that it will be making the Mac Pro in Austin, Texas. Apple says that the decision to produce the... Continue reading at Betanews
[ Betanews | 2019-09-23 16:50:07 UTC ]
More news stories like this | News stories tagged with:
#oprah winfrey
#apple books
#book club
Ryan Swanson says the president believed in the benefits of exercise, for himself and the nation. Continue reading at The Washington Post
[ The Washington Post | 2019-09-19 12:30:11 UTC ]
More news stories like this | News stories tagged with:
#teddy roosevelt
The novelist channels the music in every voice, from lowlife philosopher to slow-footed thug, ponderous wit to fluting child. Continue reading at The Washington Post
[ The Washington Post | 2019-09-18 15:00:06 UTC ]
More news stories like this | News stories tagged with:
#kevin barry
#night boat
Tom Harty sounds like a guy who thought he’d bought a shiny new car, only to find out the engine had been removed right before he wrote the check. And who then failed to report the theft to his insurance company in a timely manner. Earlier this month, the Meredith CEO made some revealing... Continue reading at Publishing Executive
[ Publishing Executive | 2019-09-16 13:41:06 UTC ]
More news stories like this | News stories tagged with:
#timely manner
#magazine publisher
In his memoir, he recounts how a Rubik’s Cube helped him expose government secrets. Continue reading at The Washington Post
[ The Washington Post | 2019-09-13 22:18:36 UTC ]
More news stories like this |
The rise of unionization in digital media is normally framed in one of two extreme ways: as an innovation-killing millstone Continue reading at Editor & Publisher
[ Editor & Publisher | 2019-08-29 15:09:31 UTC ]
More news stories like this | News stories tagged with:
#digital media
The collective bargaining agreements ratified at publications including The Dodo and Vox Media have required more information about how their companies are organized. The post ‘It definitely adds more complexity’: How life has (and hasn’t) changed at unionized digital media companies appeared... Continue reading at Digiday
[ Digiday | 2019-08-29 04:01:18 UTC ]
More news stories like this | News stories tagged with:
#publications including
#vox media
#digital media
A new series of works by Milgram, Kierkegaard, Hoffer, Fromm and Nietzsche reveal the dangers of -isms. Continue reading at The Washington Post
[ The Washington Post | 2019-08-28 16:50:21 UTC ]
More news stories like this |
Ibram X. Kendi opens his latest book with his worst memory as a high school student competing in an oratorical contest. Having spent his short lifetime internalizing negative messages about Black people from Black people, from white people, and from the media and culture at large, Kendi... Continue reading at Electric Literature
[ Electric Literature | 2019-08-28 11:00:52 UTC ]
More news stories like this | News stories tagged with:
#america appeared
#black people
#white people
#electric literature
Maggie Paxson describes a town’s legacy of aiding strangers, in World War II and today. Continue reading at The Washington Post
[ The Washington Post | 2019-08-23 12:36:20 UTC ]
More news stories like this |
Marie Arana argues that the clash of civilizations still resonates, hundreds of years later. Continue reading at The Washington Post
[ The Washington Post | 2019-08-23 12:26:14 UTC ]
More news stories like this | News stories tagged with:
#latin america
“In the Country of Women” looks back at the slaves and immigrants who made Straight’s family possible. Continue reading at The Washington Post
[ The Washington Post | 2019-08-22 16:26:46 UTC ]
More news stories like this | News stories tagged with:
#susan straight
#memoir
Awesome daily roundup of the most interesting bookish links from around the web! Continue reading at Book Riot
[ Book Riot | 2019-08-19 10:30:38 UTC ]
More news stories like this | News stories tagged with:
#retirement homes
#critical linking
#libraries
This year’s Guardian 4th Estate BAME Short Story Prize shortlist has been announced, with an all-female list of writers. Continue reading at The Bookseller
[ The Bookseller | 2019-08-16 01:51:30 UTC ]
More news stories like this | News stories tagged with:
#all-female shortlist
In August 1619, as colonist John Rolfe wrote at the time, “twenty and odd Negroes” who were captured and taken from Angola arrived on the Virginia coast; they were promptly sold to wealthy English landowners, setting the stage for slavery in America for centuries to come. To recognize the 400th... Continue reading at Advertising Age
[ Advertising Age | 2019-08-14 15:59:53 UTC ]
More news stories like this | News stories tagged with:
#black communities
#move forward
#yusef komunyakaa
#livestreamed event
Verizon started looking to offload Tumblr since at least May. Now it's found a taker. Automattic Inc., the software company behind the online publishing platform WordPress, has agreed to scoop up the blogging platform both companies said Monday afternoon. Terms of the deal were not disclosed.... Continue reading at AdWeek
[ AdWeek | 2019-08-12 21:22:39 UTC ]
More news stories like this | News stories tagged with:
#software company
#blogging platform
#monday afternoon
#online publishing
The brand is launching an in-house-managed imprint that will release hands-on interactive formats for kids up to five years old. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-08-02 04:00:00 UTC ]
More news stories like this |