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 ]
News Corp. said it is evaluating options for its News America Marketing business that could include a sale, which would leave the publisher of the Wall Street Journal and New York Post more purely focused on media while removing what’s been a troubled unit. The review of News America, which... Continue reading at Advertising Age
[ Advertising Age | 2019-06-18 20:05:16 UTC ]
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The company that recently bought has found someone to run it: a small media company called Maven. Authentic Brands Group bought Sports Illustrated from publishing giant But in a filing Monday,... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2019-06-18 15:21:07 UTC ]
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Salesforce.com Inc., which makes America’s dominant sales-tracking software, agreed to buy Tableau Software Inc. in an all-stock deal valued at $15.3 billion that it said will help give customers more ways to analyze data. The takeover will mark Salesforce’s largest deal to date, according to... Continue reading at Advertising Age
[ Advertising Age | 2019-06-10 16:51:13 UTC ]
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Two books examine what makes a ballpark great, and what happened in one of the wildest games ever. Continue reading at The Washington Post
[ The Washington Post | 2019-06-06 15:24:40 UTC ]
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I-Huei Go on Theodor Seuss Geisel, better known as Dr. Seuss, and how his children’s classics—such as “The Cat in the Hat,” “The Lorax,” and “Horton Hears a Who!”—were part of a revolution in children’s education. Continue reading at New Yorker
[ New Yorker | 2019-06-05 09:00:00 UTC ]
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The mother-daughter pair follow the Obamas into content creation, focusing on stories about womenHillary and Chelsea Clinton are to form a film and TV company to produce female-centric content. Bloomberg and the Hollywood Reporter have confirmed that the pair are in talks with studios about “a... Continue reading at The Guardian
[ The Guardian | 2019-05-31 11:14:17 UTC ]
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The insurance industry is facing its most profound disruption in decades. It is partnering with 'insurtech' startups to digitally transform, says RGAX CEO Dennis Barnes. Continue reading at Knowledge@Wharton
[ Knowledge@Wharton | 2019-05-29 20:03:55 UTC ]
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Media advocacy group Reporters Without Borders is urging French authorities to explain why the country’s intelligence agency summoned eight journalists Continue reading at Editor & Publisher
[ Editor & Publisher | 2019-05-24 19:00:24 UTC ]
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Marvel at the median income at Google and Facebook, but remember: Reducing the pay of tens of thousands of people to a single number has its shortcomings. Continue reading at Wired
[ Wired | 2019-05-21 16:36:43 UTC ]
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ByteDance, the owner of the Vine-like social media app TikTok, might challenge Spotify with a paid streaming service in emerging markets, according to Bloomberg. It could introduce an app (not named after TikTok), in several non-first-world countries... Continue reading at Engadget
[ Engadget | 2019-05-21 11:15:00 UTC ]
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Former Vice executive Ryan Archibald and Ted Chung, a business partner of Snoop Dogg, have joined forces to launch a new global agency specializing in cannabis marketing. The shop, called Gram By Gram, has already inked a significant client–Canopy Growth, a Canadian cannabis firm recently... Continue reading at Advertising Age
[ Advertising Age | 2019-05-21 10:00:00 UTC ]
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The Astrid Lindgren Company has launched a global partnership with Save the Children ahead of the 75th anniversary of Pippi Longstocking, aiming to generate more than €750,000 (£659,000). Continue reading at The Bookseller
[ The Bookseller | 2019-05-21 04:12:45 UTC ]
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Facebook Inc. said Thursday it banned an Israeli company that ran an influence campaign aimed at disrupting elections in various countries and has canceled dozens of accounts engaged in spreading disinformation. Nathaniel Gleicher, Facebook’s head of cybersecurity policy, told reporters that... Continue reading at Baltimore Sun
[ Baltimore Sun | 2019-05-16 22:40:00 UTC ]
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Facebook Inc. said Thursday it banned an Israeli company that ran an influence campaign aimed at disrupting elections in various countries and has canceled dozens of accounts engaged in spreading disinformation. Nathaniel Gleicher, Facebook’s head of cybersecurity policy, told reporters that... Continue reading at Baltimore Sun
[ Baltimore Sun | 2019-05-16 22:40:00 UTC ]
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Facebook says it has banned an Israeli company that ran an influence campaign aimed at disrupting elections in various countries and has cancelled dozens of accounts engaged in spreading disinformation. Continue reading at CBC
[ CBC | 2019-05-16 19:23:51 UTC ]
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Carl Landau has officially sold Niche Media—the conferences and professional services network he founded over a decade ago to serve B2B, city/regional and special interest magazine publishers—to Second Street Media Solutions, a St. Louis-based provider of audience engagement software to... Continue reading at Folio Magazine
[ Folio Magazine | 2019-05-15 00:00:00 UTC ]
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James Griffiths of up and coming indie Panther Publishing and Ashley Drake, founder of industry stalwart Welsh Academic Press, discuss how their businesses have evolved. Continue reading at The Bookseller
[ The Bookseller | 2019-05-11 00:00:00 UTC ]
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No one likes to have their words taken out of context. Yet there are a slew of popular sayings that suffer from chronic misuse for this very reason. Everyone knows that “love makes the world go ‘round,” right? This seemingly altruistic phrase actually comes from "Alice's Adventures in... Continue reading at Folio Magazine
[ Folio Magazine | 2019-05-07 00:00:00 UTC ]
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Chef and cookery writer Nigel Slater has written a pair of "season-led" vegetable cookbooks, Greenfeast: Spring, Summer and Greenfeast: Autumn, Winter for 4th Estate. Continue reading at The Bookseller
[ The Bookseller | 2019-05-04 00:00:00 UTC ]
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Anticipating a combined pro forma cash revenue of US$3,157 million, the new entity will take McGraw-Hill's name, the deal expected to close by early 2020. The post Cengage and McGraw-Hill Merge, Hansen Leads Company appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-05-01 00:00:00 UTC ]
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