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 ]
A festival celebrating contemporary writing from the Americas is to launch in the UK for the first time this year. Continue reading at The Bookseller
[ The Bookseller | 2018-07-05 00:00:00 UTC ]
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We’ve narrowed it down to four books. Now help us pick the one book we’ll all read this summer! Summer is the perfect time to unplug and lose yourself in a good book. The best books change the way we view the world, how we interact with others, and maybe even the direction of our lives. And... Continue reading at Fast Company
[ Fast Company | 2018-07-04 00:00:00 UTC ]
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The total value of French publishers’ book sales slipped by 1.61% in value from €2,837m to €2,792m last year, according to newly published figures from the French Publishers Association (Syndicat National de l’Edition, SNE). Continue reading at The Bookseller
[ The Bookseller | 2018-07-03 00:00:00 UTC ]
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French publishing sales were down in 2017, falling 1.6% to $3.6 billion. Comic books and literature had a good year, while sales of children's books dipped slightly compared to 2016. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-07-03 00:00:00 UTC ]
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Penguin Random House hosted its second annual Company Week last month, from June 18-22, holding 65 events including talks, panels, workshops, and other activities for its employees. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-07-03 00:00:00 UTC ]
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Belgian director Amélie van Elmbt’s lovely trifle “The Elephant and the Butterfly” is as sweet and gentle — and at times simplistic — as its storybook title may imply. This fable-like drama involves a 30-ish chef, Antoine (Thomas Blanchard), who shows up unexpectedly to visit his ex-lover,... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-06-28 00:00:00 UTC ]
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The partnership will make Penn Foster’s extensive library of courses, degree, and certificate programs available to public library patrons nationwide through Baker & Taylor’s Axis 360 platform. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-06-28 00:00:00 UTC ]
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As it does twice each year, GfK MRI released its latest round of magazine audience estimates—the average per-issue readership among U.S. adults for about 200 of the most widely-read magazines—based on consumer research conducted over a nine-month period. The Spring 2018 figures—drawn from the... Continue reading at Folio Magazine
[ Folio Magazine | 2018-06-22 00:00:00 UTC ]
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Digital publishers want to launch linear TV channels and are willing to give them away for free, but that move carries some risk. The post Digital media companies chasing TV hope for carriage fees, but it’s no guarantee appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-06-22 00:00:00 UTC ]
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Google's vp of news says the company wants to enable the success of news publishers, but that direct payments come with pitfalls. The post ‘I feel optimistic about the future of news’: Google’s Richard Gingras says the company’s success depends on the health of publishers appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-06-08 00:00:00 UTC ]
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This week, we have views from the corporate headquarters of Kinokuniya, showing off its 30th world bookstore location, just opened in May as the company's first store in Cambodia. The post Friday Photos: Japan’s Kinokuniya Company Opens Its First Bookstore in Cambodia appeared first on... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-06-08 00:00:00 UTC ]
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Michelle Tea, author of 'Against Memoir,' picks books by Maggie Nelson, Imogen Binnie, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-06-07 00:00:00 UTC ]
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The former president and the world's most prolific thriller writer conjure a suspenseful—but, they say, entirely possible—scenario in the White House. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-06-03 00:00:00 UTC ]
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Tana French, award-winning author of the Dublin Murder Squad series, has moved from Hodder to Viking for a standalone novel. Continue reading at The Bookseller
[ The Bookseller | 2018-05-31 00:00:00 UTC ]
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Since nearly doubling the size of the company, Omeda is positioning itself to better serve a range of publishing partners in a variety of ways. The post Omeda’s Aaron Oberman On Data, the State of Publishing and His Company’s Outlook appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2018-05-30 00:00:00 UTC ]
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This year's event raised more than $2.2 million to support free expression, and Publisher Honoree Carolyn Reidy of S&S delivered an address citing the importance of protecting "unfettered discourse." Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-24 00:00:00 UTC ]
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4th Estate has signed an “unblinking” novel from prize winning Taiwanese author Tash Aw, described as “devastating” and “poignant”. Continue reading at The Bookseller
[ The Bookseller | 2018-05-22 00:00:00 UTC ]
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Which Bay Area companies caught the eyes of VCs last year? In the most recent issue of the San Francisco Business Times we published our annual ranking of the Greater Bay Area’s 100 largest venture capital recipients, based on total disclosed funding in 2017 as reported by Thomson... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2018-05-17 00:00:00 UTC ]
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The Spider-man co-creator files lawsuit over improper sale of his company and digital impersonation. Continue reading at BBC News
[ BBC News | 2018-05-16 00:00:00 UTC ]
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Otto Penzler's newest venture, Penzler Publishers, will publish print editions of classic detective stories from the golden age of of the genre, which ran from the end of World War I through World War II. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-15 00:00:00 UTC ]
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