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 inaugural Portobello Prize has been awarded to "electrifying new voice" Samira Shackle for Karachi Vice, a "fresh and thrilling" non-fiction exploration of Pakistan’s largest city. Continue reading at The Bookseller
[ The Bookseller | 2018-05-02 00:00:00 UTC ]
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In an effort to combat harassment in the creative fields, PEN America has published, on its website, a free Online Harassment Field Manual. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-04-20 00:00:00 UTC ]
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About six months into his new role as managing director of the Bureau international de l'édition française, or BIEF, Nicolas Roche is leading the French publishing industry's outreach program to open new markets and develop new readership for France's literature. The post BIEF’s Nicolas Roche on... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-04-20 00:00:00 UTC ]
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With 1,350 exhibitors on tap and more than 800 sessions and events planned for visitors, the 28th iteration of the Abu Dhabi International Book Fair is expected to showcase some 500,000 titles and to introduce the Kalima Translation Project's latest volumes. The post Abu Dhabi International... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-04-19 00:00:00 UTC ]
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Women’s Prize for Fiction winner Naomi Alderman has been poached by 4th Estate in a four book-deal, after more than a decade with Penguin Random House. Continue reading at The Bookseller
[ The Bookseller | 2018-04-11 00:00:00 UTC ]
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A top AT&T Inc. executive was questioned Thursday about past emails critical of content providers selling programming to online distributors as the government argued that the telecommunications giant should not be allowed to purchase Time Warner Inc. In the third week of an antitrust suit to... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-04-06 00:00:00 UTC ]
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4th Estate will publish an “exceptional” debut about survival against a dystopian, water-filled landscape from an environmental literature expert. Continue reading at The Bookseller
[ The Bookseller | 2018-04-04 00:00:00 UTC ]
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Clay Stafford, founder and CEO of the Killer Nashville writing conference, has launched Clay Stafford Books, which will look to capitalize on the writing talent discovered at the writing conference. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-04-03 00:00:00 UTC ]
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The Week in Libraries: March 30, 2018: At PLA, librarians show they ‘get it’; Libraries get a bump in the 2018 federal budget (and a warning for next year); And the New York Times looks at two of Wikipedia’s young citizen editors. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-03-30 00:00:00 UTC ]
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As more publishers and booksellers release their gender pay gap data, we are keen to hear your thoughts on the figures being revealed. Continue reading at The Bookseller
[ The Bookseller | 2018-03-29 00:00:00 UTC ]
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Former Curtis Brown Creative editor Rufus Purdy has launched a new company offering a range of editorial services for novelists. Continue reading at The Bookseller
[ The Bookseller | 2018-03-29 00:00:00 UTC ]
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The Federal Trade Commission confirmed Monday that it opened an investigation of Facebook and the Senate Judiciary Committee called on the company’s chief executive, Mark Zuckerberg, to testify as scrutiny mounts over the social media giant’s handling of user data. The unfolding crisis at... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-03-27 00:00:00 UTC ]
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Jacqueline Woodson, who won a National Book Award for her memoir in verse “Brown Girl Dreaming,” won the 2018 Astrid Lindgren Memorial Award on Tuesday. The award comes with a prize of $608,000. Publishers Weekly reports that Woodson is the 18th person or organization to win the prize, which is... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-03-27 00:00:00 UTC ]
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The Federal Trade Commission confirmed Monday that it has opened an investigation into Facebook Inc.'s privacy practices. The social media giant’s stock quickly dropped more than 5% before recovering somewhat. Around 10:20 a.m. Pacific Time, Facebook shares were down 1.8% at $156.41 — down 19%... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-03-26 00:00:00 UTC ]
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4th Estate has won a five-way auction for a literary crime thriller The Plotters by South Korean writer Un-su Kim. Continue reading at The Bookseller
[ The Bookseller | 2018-03-21 00:00:00 UTC ]
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A sharp loss for Facebook is helping to pull technology companies lower as stock indexes decline in early trading. Facebook slumped 5.3% early Monday. The company is facing new criticism following reports that a data mining firm employed by the Trump campaign improperly kept data on tens of... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-03-19 00:00:00 UTC ]
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Even as the National Book Foundation begins taking submissions for its first translation award this year, the French-American foundation has announced shortlists in its 31st annual translation prizes. The post France’s Literature in Translation: The 10 Shortlisted Titles From the French-American... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-03-16 00:00:00 UTC ]
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Unlike Facebook, YouTube offers publishers a video-specific audience and an established path to revenue. The post Why media companies are shifting their attention from Facebook to YouTube appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-03-14 00:00:00 UTC ]
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Beijing Yutian Hanfeng’s full-color 222-page catalogue is a testament to the company’s dedication to design and art: every page, highlighting a particular series of books, is beautifully illustrated and meticulously designed. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-03-09 00:00:00 UTC ]
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Baby Cube was founded by husband-and-wife team Yang Wenxuan and Liu Hong. The company grew out of their past professional experience in online retailing and literary publishing and out of their community outreach work focused on helping children to start reading. “It started as a reading club in... Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-03-09 00:00:00 UTC ]
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