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 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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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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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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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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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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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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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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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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