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 ]
Two new books critical of the president -- one from the left, one from the right -- imagine a path beyond our current divisions. Continue reading at The Washington Post
[ The Washington Post | 2019-07-05 16:00:22 UTC ]
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Douglas Schatz, m.d. of Samuel French Ltd, has left the company, following the acquisition of the specialist theatrical publishing and licensing company by Concord Music, revealed in December. Continue reading at The Bookseller
[ The Bookseller | 2019-07-04 10:40:48 UTC ]
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Billionaire sued over play about two wealthy Britons who live in a castle in the Channel IslandsThe reclusive billionaire owner of the Daily Telegraph and the Ritz hotel has been ordered to pay damages to an obscure French playwright who wrote a play that satirised the lives of him and his twin... Continue reading at The Guardian
[ The Guardian | 2019-07-03 13:42:44 UTC ]
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As America marks this July 4th holiday, an outcry on immigration is leading to national headlines, including from a congressional delegation that visited an immigration detention center in El Paso, Texas, this week. PEN America has gathered a series of statements from a number of writers and... Continue reading at Literrary Hub
[ Literrary Hub | 2019-07-03 08:48:26 UTC ]
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A round of promotions has been revealed across 4th Estate and William Collins with Helen Garnons-Williams promoted to associate publisher across the two HarperCollins imprints and Tom Killingbeck appointed to William Colllins' editorial director, while Anna Kelly will become editorial director... Continue reading at The Bookseller
[ The Bookseller | 2019-07-02 10:55:24 UTC ]
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“A Good American Family,” by David Maraniss, examines the paranoia and brutality of the McCarthy era through the lens of his father’s experience. Continue reading at The New York Times
[ The New York Times | 2019-06-28 15:12:51 UTC ]
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If you want to see what’s driving ad spending, just look at the gains: The biggest U.S. internet companies—including the likes of Amazon, Facebook and Uber—are powering the ad market as they double down on their own marketing. That’s the key takeaway from the 64th annual Ad Age Leading National... Continue reading at Advertising Age
[ Advertising Age | 2019-06-28 09:00:00 UTC ]
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Review of "This America" by Jill Lepore and "The Heartland" by Kristin L. Hoganson Continue reading at The Washington Post
[ The Washington Post | 2019-06-27 17:45:21 UTC ]
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A project started by two former University of Nebraska football teammates to help a fellow Cornhusker who made it to the National Football League has evolved into a robust athlete social-marketing platform that has raised $9.5 million since being established in 2012. Opendorse recently closed a... Continue reading at AdWeek
[ AdWeek | 2019-06-27 14:00:59 UTC ]
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Welcome to Ad Age’s Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. You can get an audio version of this briefing on your Alexa device; sign up here. What people are talking about today: Cannes Lions is finished for another year and most of the industry is... Continue reading at Advertising Age
[ Advertising Age | 2019-06-24 10:25:28 UTC ]
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HarperCollins Children’s Books will this October start publishing a young fiction series set in a magical werewolf world. Continue reading at The Bookseller
[ The Bookseller | 2019-06-20 00:29:34 UTC ]
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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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