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 ]
4th Estate has triumphed in an auction for a "breath-taking" debut work of autofiction about one man’s involvement in London gang-life. Continue reading at The Bookseller
[ The Bookseller | 2019-04-24 00:00:00 UTC ]
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HarperCollins imprint 4th Estate has revealed it will publish Demi Moore’s "deeply candid and insightful" memoir Inside Out in September—almost a decade after buying it. Continue reading at The Bookseller
[ The Bookseller | 2019-04-19 00:00:00 UTC ]
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Circle Media Group has filed for bankruptcy of its Dutch printing companies, blaming Europe’s “challenging market circumstances” in a “shrinking” print industry. Continue reading at The Bookseller
[ The Bookseller | 2019-04-18 00:00:00 UTC ]
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The Roald Dahl Story Company has hired Katie Price, currently director of licensing at Hachette Children’s Group, as its new head of books. Continue reading at The Bookseller
[ The Bookseller | 2019-04-12 00:00:00 UTC ]
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Jasmine Richards, formerly a publisher at Oxford University Press (OUP), has launched a fiction development company to create inclusive stories for children. Continue reading at The Bookseller
[ The Bookseller | 2019-04-11 00:00:00 UTC ]
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Maryland Insurance Administrator Al Redmer said Thursday that he’s likely to expand his investigation of insurers involved in donations or sales of Mayor Catherine Pugh’s self-published “Healthy Holly” books. The Maryland Insurance Administration — which regulates all insurers in the state — has... Continue reading at Baltimore Sun
[ Baltimore Sun | 2019-04-05 00:00:00 UTC ]
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Mitchell Beazley has acquired the first home decorating book by Chrissie Rucker and her retail firm The White Company. Continue reading at The Bookseller
[ The Bookseller | 2019-04-03 00:00:00 UTC ]
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Mark Smith and Marcus Leaver, two publishing veterans with lots of trans-Atlantic publishing experience, have formed a new U.K.-based company, which has already made the first of what the two said are likely to be several acquisitions. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-04-01 00:00:00 UTC ]
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[caption id="attachment_153707" align="alignright" width="290"] Creative from "Merrell Magic," a custom-content campaign by AIM's Catapult Creative Labs and Backpacker magazine.[/caption] Requiring deeper insights and data, broader access to audiences and agency-like services from publishers,... Continue reading at Folio Magazine
[ Folio Magazine | 2019-03-27 00:00:00 UTC ]
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Eugenie Furniss is leaving the agency she founded to join management and production company 42 as a literary agent. Continue reading at The Bookseller
[ The Bookseller | 2019-03-21 00:00:00 UTC ]
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In 'Cannabis: The Illegalization of Weed in America' (First Second, April), Box Brown surveys the history of marijuana and provides an illuminating look at the racist social stigmatization, pharmacological affects and legalization movement surrounding marijuana in North America. A 15-page excerpt. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-03-19 00:00:00 UTC ]
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Patty Rodriguez and Ariana Stein started Lil’ Libros in 2014 because they had trouble finding children’s books in both English and Spanish. The Huntington Park company now has 14 titles, all written by the co-founders, and brought in $1 million in sales last year, a feat the pair never thought... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-03-17 00:00:00 UTC ]
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Hachette UK has reported "strong" sales growth in 2018, although parent company Lagardère saw profits fall 9.6%. Continue reading at The Bookseller
[ The Bookseller | 2019-03-15 00:00:00 UTC ]
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Philip Hammond vowed to make tech giants pay their “fair share” of tax in yesterday’s Spring Statement. Continue reading at The Bookseller
[ The Bookseller | 2019-03-15 00:00:00 UTC ]
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The local news publisher couldn't find enough takers to complete a $1.5 million Series B round of funding. The post ‘It’s been tight for us’: Why local media company Spirited Media ran out of time appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2019-03-07 00:00:00 UTC ]
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As vaccine advocates we can change our tone but companies such as Amazon, YouTube and Facebook must stop profiting off human vulnerabilityWhen it comes to providing accurate medical information, social media is a hot mess. Reporting by the Guardian and elsewhere over the last few months has... Continue reading at The Guardian
[ The Guardian | 2019-03-05 00:00:00 UTC ]
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French digital publisher Konbini is shifting the focus of its Snapchat to hard news versus pop-culture and entertainment. The post French lifestyle publisher Konbini pivots to news on Snapchat appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2019-03-05 00:00:00 UTC ]
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The predictions made by publishers responding to Dosdoce's new survey see the number of Spanish-language audiobook titles surpassing 10,000 this year, narration dialects starting to favor Latin American markets. The post New Report Forecasts Spanish-Language Audiobook Surge in Spain and Latin... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-03-04 00:00:00 UTC ]
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Despite mainstream success, production of translated books fell in 2018. What's going on in the world of translation? Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-03-01 00:00:00 UTC ]
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The nonprofit organization PEN America announced the winners of its annual literary awards Tuesday night, with Nana Kwame Adjei-Brenyah taking home the prestigious PEN/Jean Stein Award for book of the year for his debut short story collection, "Friday Black." Adjei-Brenyah’s competition for the... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-02-28 00:00:00 UTC ]
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