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 ]
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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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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For 16-month-old Beijing Bright Culture, making an impact on the market is the top priority, and Jef Nys’s Jeremy series (or Jommeke in the original Belgian) is the answer. “We have published only 25 out of the available 278 volumes, meaning that we have a built-in long seller in our portfolio,”... Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-03-09 00:00:00 UTC ]
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In a conversation with PW, Jonah Goldberg -- whose new book infuses religious language in a critical look at politics, economics, and society-- explains how Americans are risking the future of capitalism and liberty. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-03-08 00:00:00 UTC ]
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Comedian Sofie Hagen’s debut, an "intelligent, funny, provocative response to body shaming", will be published by 4th Estate. Continue reading at The Bookseller
[ The Bookseller | 2018-03-03 00:00:00 UTC ]
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In the run-up to this spring's Bologna Children's Book Fair, a total 30 children's publishing companies are nominated for Best Children's Publisher of the Year, an awards program turning six years old this year. The post Bologna’s Top Five 2018 Children’s Publishing Companies from Six World... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-02-28 00:00:00 UTC ]
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HarperCollins imprint 4th Estate will publish a book about the "new Ice Age of politics" by one of Turkey’s best-known novelists and political commentators, Ece Temelkuran. Continue reading at The Bookseller
[ The Bookseller | 2018-02-27 00:00:00 UTC ]
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Taking note of the fact that two of the six shortlisted titles are Turkish in this year's EBRD Literature Prize–to be awarded during London Book Fair–Istanbul's Nermin Mollaoğlu looks at the rights scene in 2018. The post Agent Nermin Mollaoğlu: The French Market Is Beginning To Open Its Doors... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-02-27 00:00:00 UTC ]
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Michael Joseph is this year releasing a “Best of Nicci French” collection to mark the 21st anniversary of books from Nicci French, a.k.a. the husband and wife crime writing team Nicci Gerrard and Sean French. Continue reading at The Bookseller
[ The Bookseller | 2018-02-27 00:00:00 UTC ]
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News Corp Australia, Fairfax Media, Macquarie Media, the ABC and the Seven and Nine networks line up with publisher BauerMajor Australian media companies have lined up with the magazine publisher Bauer in its appeal against the record amount of damages awarded to actor Rebel Wilson last year.The... Continue reading at The Guardian
[ The Guardian | 2018-02-26 00:00:00 UTC ]
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Countless tech companies have pledged their commitment to diversity in recent years, but it’s largely only giants like Facebook and Google that have caved to pressure and published diversity reports. In the pursuit of transparency, a new initiative called Dear Tech People dug through tens of... Continue reading at Fast Company
[ Fast Company | 2018-02-20 00:00:00 UTC ]
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Theatre bookshop Samuel French has found a new home in the Royal Court theatre a year after rent hikes forced it to close. Continue reading at The Bookseller
[ The Bookseller | 2018-02-15 00:00:00 UTC ]
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