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 agreement, which was reached on July 10, follows 21 months of bargaining and comes less than two weeks after members of the staff union PEN America United authorized a strike. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-07-30 04:00:00 UTC ]
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With J.D. Vance as the 2024 Republican vice-presidential candidate and 'Hillbilly Elegy' back on the bestseller list, the plight of America's working class is once again the subject of intense media scrutiny. Here are eight recent books worth reading on the subject. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-07-26 04:00:00 UTC ]
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Photo by Laurel Chor and NPR NPR reports that this May, the printing press Factor Druk in the Ukrainian city of Kharkiv was devastated by a Russian missile attack, taking the lives of seven employees and wounding more than 20 others. The attack also destroyed thousands of books and much of the... Continue reading at Literrary Hub
[ Literrary Hub | 2024-07-18 17:02:49 UTC ]
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With the news that JD Vance was chosen by Donald Trump to be the Vice Presidential candidate, I shuddered in recognition. As an author and an editor, I have been publishing-adjacent for most of my life. Vance’s story—as recounted in his bestselling book Hillbilly Elegy, a rags-to-riches tale... Continue reading at Literrary Hub
[ Literrary Hub | 2024-07-18 12:31:29 UTC ]
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Dr. Ruth Westheimer, the diminutive sex therapist who became a pop icon, media star and best-selling author through her frank talk about once-taboo bedroom topics, has died. She was 96. Continue reading at CBC
[ CBC | 2024-07-13 16:10:17 UTC ]
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Samuel Roth was the sort of bookseller whose wares came wrapped in brown paper. Titles like Gershon Legman’s The Sexual Conduct of Men and Women, Maxwell Bodenheim’s My Life and Loves in Greenwich Village, and most notoriously his anthologized periodical of high-brow smut, American Aphrodite: A... Continue reading at Literrary Hub
[ Literrary Hub | 2024-07-03 08:56:41 UTC ]
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Pave Studios, launched this spring and active primarily in the podcasting space, has formed a book publishing arm and signed co-publishing and distribution agreements with Simon & Schuster. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-06-26 04:00:00 UTC ]
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The cofounder and former CEO of Scribd envisions Created By Humans as a plug-and-play platform that will encourage AI companies to legally license content from authors and publishers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-06-25 04:00:00 UTC ]
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Washington D.C.'s Folger Shakespeare Library reopens with an impressive new exhibit, audiobook narrators get their due, and more. Continue reading at Book Riot
[ Book Riot | 2024-06-24 15:00:00 UTC ]
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Announcing Publication of the RESISTIR Latin America Online Poetry Anthology, by The Editors of WLT News and Events [email protected] Tue, 06/18/2024 - 14:20 On November 18, 2023, World Literature Today and Latin American Literature Today... Continue reading at World Literature Today
[ World Literature Today | 2024-06-18 19:20:43 UTC ]
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More than 380 authors, publishing houses, and advocacy groups have signed an open letter protesting "vague and overbroad" new South Carolina education standards, slated to take effect on June 25. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-06-04 04:00:00 UTC ]
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In columns and notably “The New York Times Book of Wine,” he introduced Americans to European and premium domestic varieties in the 1970s and ’80s. Continue reading at The New York Times
[ The New York Times | 2024-06-03 18:35:34 UTC ]
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Citing a sharp decline in membership, Romance Writers of America has filed for chapter 11 bankruptcy. The organization's dwindling ranks are due in large part to controversies over issues of diversity that wrought internal havoc in 2020. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-05-30 04:00:00 UTC ]
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By large majorities, Indigo shareholders approved the sale of the Canadian bookstore chain to private equity firms controlled by Canadian billionaire Gerald Schwartz, an Indigo board member and the husband of Indigo founder and CEO Heather Reisman. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-05-28 04:00:00 UTC ]
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Journalist Maria Ressa named Mark Zuckerberg and Elon Musk in speech at Hay literary festival in Powys“Tech bros” such as Mark Zuckerberg and Elon Musk are “the largest dictators”, Maria Ressa, who won the Nobel peace prize in 2021 for her defence of media freedom, has said.The American-Filipina... Continue reading at The Guardian
[ The Guardian | 2024-05-27 15:11:47 UTC ]
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In “Reading the Room,” Paul Yamazaki, the chief buyer for City Lights Booksellers, calls this “one of the richest and most rewarding times” to be a literature fan. Continue reading at The New York Times
[ The New York Times | 2024-05-23 09:00:58 UTC ]
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The following are from Terrible Maps: Hilarious Maps for a Ridiculous World by Michael Howe. __________________________________ From Terrible Maps: Hilarious Maps for a Ridiculous World by Michael Howe. Copyright © 2024. Available from HarperCollins, an imprint of HarperCollins Publishers. Continue reading at Literrary Hub
[ Literrary Hub | 2024-05-22 08:55:38 UTC ]
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Want to know what the best youth poets in America are thinking? Literary Hub is pleased to exclusively share a poem, collaboratively written by Scholastic’s 2023 National Student Poets, along with new data from the Scholastic Kids & Family Reading Report™ that underscores the importance of... Continue reading at Literrary Hub
[ Literrary Hub | 2024-05-21 14:00:54 UTC ]
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Free expression nonprofit PEN America held its annual Literary Gala yesterday at the Museum of Natural History in Manhattan. A small group of protesters critical of the organization's response to the humanitarian crisis in Gaza passed out mock programs outside. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-05-17 04:00:00 UTC ]
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Gathering together writers and translators who withdrew from PEN America's Literary Awards and World Voices Festival, the event, held in New York City on May 7, featured stirring readings, offered sharp critiques, and raised money for the Gaza-based nonprofit We Are Not Numbers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-05-08 04:00:00 UTC ]
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