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 U.K. educational publisher remained the biggest publisher on the planet in 2017. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-09-14 00:00:00 UTC ]
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Leslie Moonves has stepped down from his role as chairman and c.e.o. of CBS Corporation, parent company of Simon & Schuster, weeks after allegations of sexual misconduct were published in the media. Continue reading at The Bookseller
[ The Bookseller | 2018-09-11 00:00:00 UTC ]
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Early in May 2017, the Transportation Security Administration initiated a pilot program at two domestic airports in which travelers were told to remove “paper products” — books, notebooks, and other documents— from carry-ons before X-ray screening. I know: at this point, when the news cycle seems... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-08-31 00:00:00 UTC ]
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A group of Amazon employees in the US is being paid to promote the company on Twitter. Continue reading at The Bookseller
[ The Bookseller | 2018-08-29 00:00:00 UTC ]
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A new Penguin Random House site for educators markets curriculum-relevant titles from both the frontlist and backlist. And two programs are providing tens of thousands of Cengage's new subscription to students. The post Industry Notes: Penguin Random Opens Education Site, Cengage Unlimited... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-08-29 00:00:00 UTC ]
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4th Estate will publish author and journalist Elizabeth Day's first non-fiction book, How to Fail: The Art of Succeeding Better, based on her successful podcast series. Continue reading at The Bookseller
[ The Bookseller | 2018-08-24 00:00:00 UTC ]
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Touting 6 million ebooks and a $9.99 audiobook subscription, the new Walmart partnership with Rakuten Kobo gives the Canadian retailer what it hasn't had in the US market: brand recognition. The post Canada’s Rakuten Kobo Arrives in America at Walmart: Ebooks and Audiobooks appeared first on... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-08-22 00:00:00 UTC ]
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For the first time, UK publishers will form the biggest international contingent at the Beijing International Book Fair this year, overtaking Japan and South Korea, historically the two largest national parties. Continue reading at The Bookseller
[ The Bookseller | 2018-08-20 00:00:00 UTC ]
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SAGE has bought technology company Talis and Talis Aspire, its course resource list management system, for an undisclosed sum. Continue reading at The Bookseller
[ The Bookseller | 2018-08-17 00:00:00 UTC ]
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In an era when memberships in social clubs and church attendance are down, and critics say social media appears to be fracturing rather than knitting society together, libraries are stepping in as so-called third places where people can meet and socialize. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2018-08-08 00:00:00 UTC ]
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A new literature events company called Story Machine Productions plans to "revolutionise the experience of books" by creating "immersive performances" at festivals inspired by book content alone. Continue reading at The Bookseller
[ The Bookseller | 2018-07-27 00:00:00 UTC ]
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Troy Young was named to succeed David Carey as president of Hearst Magazines today. In the more than five years Young worked as president of Hearst Magazines Digital Media, he transformed the digital brand to more closely align with the print product, brought in revenue and a surge in pageviews.... Continue reading at AdWeek
[ AdWeek | 2018-07-26 00:00:00 UTC ]
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The coming together of the United States' two PEN chapters has given the organization a chance to refocus its Bingham Prize for debut short stories, and it will be awarded in February. The post PEN America Announces Refocused Short Story Debut Award, the Bingham Prize appeared first on... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-07-19 00:00:00 UTC ]
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A small shop on sleepy Main Street with books warmly displayed from floor to ceiling. That's indie bookselling for you, right? Hardly. The realities of day-to-day business are vastly more complex and challenging. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-07-13 00:00:00 UTC ]
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On the eve of US President Donald Trump’s official visit to the UK, Serpent’s Tail has acquired a new novel by "America’s last remaining dissident writer", Jarett Kobek, author of I Hate the Internet. Continue reading at The Bookseller
[ The Bookseller | 2018-07-12 00:00:00 UTC ]
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Today’s consumers expect access to content, whenever and however they want, putting media and publishing companies under extreme pressure to meet this demand cost-effectively. Faced with diminishing revenues from traditional advertising and subscriptions they must find new ways to drive revenue... Continue reading at Digiday
[ Digiday | 2018-07-11 00:00:00 UTC ]
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While the trend has been building for some time, publishing news media in France now are reporting on how 'houses known for publishing literary fiction have been hiring editors to develop popular fiction imprints.' The post Interview: Fabrice Piault on the Rise of French Popular Fiction appeared... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-07-11 00:00:00 UTC ]
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SERIES The 100 Discord among the factions threatens to spill over and spell very possible doom for all concerned in a new episode of the science fiction drama. With Eliza Taylor, Paige Turco and Henry Ian Cusick. 8 p.m. KTLA Outdaughtered Parents Danielle and Adam Busby have their hands full now... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-07-10 00:00:00 UTC ]
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Michael Ondaatje speaks Sunday after winning the Golden Man Booker Prize for his novel "The English Patient" at the Royal Festival Hall in London. Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-07-09 00:00:00 UTC ]
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4th Estate has pre-empted a novel inspired by Marilyn Monroe and her Korean translator. Continue reading at The Bookseller
[ The Bookseller | 2018-07-07 00:00:00 UTC ]
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