A French Company Is About to Become America's 4th Largest Cable Provider

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 ]

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French bookshop chain Furet du Nord buys Decitre

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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An NFL-backed data firm is launching a sports-gambling marketing company

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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Fox News tops cable ratings in 2018 while entertainment channels lost viewers to streaming

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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Gilets jaunes protests hit French bookshops as sales fall

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 buys Innes' novel about silencing of women and celebrity

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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Sketch writer Crace's novel and memoir goes to 4th Estate

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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'21st Century Lolita' nets six figures from 4th Estate

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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Jorge Herralde of Spain’s Anagrama on Latin America and Being Adaptable

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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24 hour pre-empt from 4th Estate for playwright's 'luminous' MND memoir

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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Outgoing Facebook Employee Slams Company for Treatment of Black Employees and Users

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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Facebook employees blame Sheryl Sandberg for company's downfall

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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4th Estate snaps up Vogue columnist's 'irreverent take on modern life'

4th Estate will publish the debut non-fiction title, Raven Smith’s Trivial Pursuits, described as “a smart and irreverent take on modern life” from the Vogue columnist’s perspective. Continue reading at The Bookseller

[ The Bookseller | 2018-11-22 00:00:00 UTC ]
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Author Conversation Series Gets Cable TV Debut

Live Talk Los Angeles has launched on Spectrum Networks, turning an author event series into a weekly primetime TV show for 1.8 million subscribers in Southern California. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-11-21 00:00:00 UTC ]
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The Mainstreet Trading Company triumphs as Britain’s Best Small Shop of 2018

An independent bookshop, The Mainstreet Trading Company’s Bookshop & Café, has been named Britain’s Best Small Shop of 2018. Continue reading at The Bookseller

[ The Bookseller | 2018-11-14 00:00:00 UTC ]
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Brazil’s Endangered Bookstore Companies: Livraria Cultura and Saraiva

Even amid dire conerns this week for Brazil's leading book retail companies, it's possible to see opportunity, Ricardo Costa tells us. Brazilian publishers are working to shore up the outlook for Saraiva and Livraria Cultura. The post Brazil’s Endangered Bookstore Companies: Livraria Cultura and... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-11-08 00:00:00 UTC ]
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Fast Company Puts Innovation Into Practice

Following a recent transition of leadership, with the appointment of Stephanie Mehta to editor-in-chief this past February and Amanda Smith as VP, publisher in April 2017, the focus of Fast Company is also leaning towards innovation, both in the coverage of the topic and the implementation of... Continue reading at Folio Magazine

[ Folio Magazine | 2018-10-31 00:00:00 UTC ]
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Money memoir from Otegha Uwagba to 4th Estate

Entrepreneur and Little Black Book author Otegha Uwagba’s “part-memoir, part-cultural commentary”, We Need To Talk About Money, has gone to 4th Estate in a “significant acquisition”. Continue reading at The Bookseller

[ The Bookseller | 2018-10-30 00:00:00 UTC ]
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Born From a Merger of Five Companies, EnsembleIQ Restructures

EnsembleIQ—the b2b media company formed two years ago out of the merger of three smaller publishers—is undergoing a reorganization this month, grouping its 20 media brands into four distinct market verticals and trimming its overall headcount by around 10 percent, according to multiple... Continue reading at Folio Magazine

[ Folio Magazine | 2018-10-26 00:00:00 UTC ]
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Juno Dawson’s 'Meat Market' acquired by TV production company

Unstoppable Film & Television has acquired the production rights to Juno Dawson’s upcoming YA novel Meat Market (Quercus Children’s Books), about a 16-year-old girl who is catapulted from her South London council estate to the international world of fashion. Continue reading at The Bookseller

[ The Bookseller | 2018-10-23 00:00:00 UTC ]
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PEN America Is Suing President Trump

The writers organization and free speech advocacy group has filed a lawsuit in federal court against President Donald Trump, seeking to stop the president from "using the machinery of government to retaliate or threaten reprisals against journalists and media outlets for coverage he dislikes." Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-16 00:00:00 UTC ]
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