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 ]
The best literature, says PEN America president Jennifer Egan at the organization's 2019 awards in New York City 'embodies hard truths, contradictions, and discoveries.' The post PEN America Names Its 2019 Literary Award Laureates: $370,000 in Winnings appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-02-27 00:00:00 UTC ]
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This year's ceremony, held at New York University's Skirball Center and conferred for the first time to a sold-out house, saw debut and women writers have a particularly strong year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-02-27 00:00:00 UTC ]
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Ahead of PEN America's literary awards night, the organization's president Jennifer Egan tells CNN, 'I feel like the next phase is going to be an engagement with the truth.' The post PEN America Approaches Its Awards Night With News Media Appearances appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-02-25 00:00:00 UTC ]
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KNV, the largest German book wholesaler and distributor, filed for bankruptcy on February 14. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-02-15 00:00:00 UTC ]
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Sarah Harwood has left her role as acting publicity director of Century and Arrow to go freelance. Continue reading at The Bookseller
[ The Bookseller | 2019-02-12 00:00:00 UTC ]
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Student protesters in 1968 made a book of posters with British publisher Dennis Dobson. Continue reading at BBC News
[ BBC News | 2019-02-11 00:00:00 UTC ]
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“My name doesn’t matter,” proclaims the narrator of Maurice Carlos Ruffin’s debut novel, “We Cast a Shadow.” “All you need to know is that I’m a phantom, a figment ….” The first words of Ruffin’s book seem to be a tribute to the opening of Ralph Ellison’s “Invisible Man,” which begins, “I am in... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-01-30 00:00:00 UTC ]
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The overarching topic of division in American religion and culture has spawned some of the most notable titles in the religion category for 2019. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-01-25 00:00:00 UTC ]
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The nonprofit organization PEN America announced the finalists for their annual literary awards on Thursday, with books by Ada Limón, Richard Powers, Tommy Orange and Ling Ma among the nominees. Powers' novel "The Overstory" and Limón's poetry collection "The Carrying" made the shortlist for the... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-01-24 00:00:00 UTC ]
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The Furet du Nord chain of bookshops in northern France has confirmed its takeover of the Decitre group, which it describes as its alter-ego in the south-east region of France. Continue reading at The Bookseller
[ The Bookseller | 2019-01-22 00:00:00 UTC ]
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Sportradar AG, a data provider backed by the NFL and Michael Jordan, is launching a new sports-gambling marketing company, seeking to capitalize on the rapidly growing billion-dollar industry.Called Ad:s, the company will help sports books reach new customers through TV, radio, internet and... Continue reading at Advertising Age
[ Advertising Age | 2019-01-17 00:00:00 UTC ]
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President Trump kept cable news on a ratings roll in 2018. But online streaming services continued to cut into audience levels for general entertainment cable networks such as USA, FX and Lifetime, according to year-end data from Nielsen. While consumers have grown accustomed to time-shifting... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-12-29 00:00:00 UTC ]
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Bookshops were just one sector of the French economy to suffer from the gilets jaunes (yellow vests) protests across France on five consecutive Saturdays between 17th November and 15th December. Continue reading at The Bookseller
[ The Bookseller | 2018-12-21 00:00:00 UTC ]
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4th Estate’s Jordan Mulligan has made his first acquisition, Scabby Queen, by Scottish author Kirstin Innes, billed as a “state-of-the-nation novel” about the silencing of women’s voices and the celebrity machine. Continue reading at The Bookseller
[ The Bookseller | 2018-12-19 00:00:00 UTC ]
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4th Estate will publish a novel and memoir by parliamentary sketch writer John Crace. Continue reading at The Bookseller
[ The Bookseller | 2018-12-14 00:00:00 UTC ]
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4th Estate has pre-empted a "21st-century response to Lolita”, My Dark Vanessa, for six figures, with HarperCollins US prevailing with a seven-figure pre-empt. Continue reading at The Bookseller
[ The Bookseller | 2018-12-13 00:00:00 UTC ]
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At the Guadalajara International Book Fair, Anagrama director Jorge Herralde spoke as both a champion of Latin American work and a survivor in publishing. The post Jorge Herralde of Spain’s Anagrama on Latin America and Being Adaptable appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-12-11 00:00:00 UTC ]
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4th Estate will publish the "remarkable" memoir from playwright Joe Hammond, following a pre-empt within 24 hours of submission. Continue reading at The Bookseller
[ The Bookseller | 2018-11-29 00:00:00 UTC ]
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A former manager at Facebook published a scathing memo on Tuesday criticizing the social media giant for its treatment of its black users and its black employees. Mark Luckie, a former partner manager for global influencers at Facebook who focused on underrepresented voices, wrote in a memo to... Continue reading at AdWeek
[ AdWeek | 2018-11-28 00:00:00 UTC ]
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When Facebook was growing quickly and its shares were soaring, Sandberg was lauded for her leadership and meticulous management of relationships. After writing the 2013 book "Lean In," which advocated for women in the workplace, she became the most famous female executive in America.But this... Continue reading at Advertising Age
[ Advertising Age | 2018-11-26 00:00:00 UTC ]
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