A French Company Is About to Become America's 4th Largest Cable Provider

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 ]

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Company spotlight: Dunlop on A&B's 50-year business

Allison & Busby, which recently celebrated five decades in business, has struck a rich niche in crime and saga series which sell and sell to their devoted fans. Continue reading at The Bookseller

[ The Bookseller | 2017-07-10 00:00:00 UTC ]
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French publishers are joining forces to take on Google and Facebook

Le Monde and Le Figaro have paired up to offer a scaled digital ad proposition, and 15 other publishers are pooling audience data to rival the duopoly. The post French publishers are joining forces to take on Google and Facebook appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-07-10 00:00:00 UTC ]
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Investment company Chester buys majority stake in Urbane

Chester Investment Group has acquired a majority shareholding in independent publisher Urbane Publications. Continue reading at The Bookseller

[ The Bookseller | 2017-07-08 00:00:00 UTC ]
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French Publishing Sales Rose 4.25% in 2016

A change in the curriculum at schools gave France's book business a boost in 2016, while its new minister of culture, a former publisher, is addressing lingering challenges, including the regulation of online bookselling. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-06 00:00:00 UTC ]
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Cassava Republic Brings Africa to America

Nigerian publisher Cassava Republic has begun distributing books to the U.S. and will introduce several bestselling African adult and children's authors to American readers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-30 00:00:00 UTC ]
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America’s Test Kitchen Readies for Big Changes

The publisher that plays home to the most watched instructional cooking TV show in the U.S.—and its attendant bestselling books—pepares for a move from Brookline, Mass., to Boston. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-30 00:00:00 UTC ]
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Pubnet, PubEasy Sold to German Company

Effective July 1, MVB Marketing, a subsidiary of Börsenverein, the German Publisher and Bookseller Association, will take over ownership of Pubnet and PubEasy. Ted Hill has been named general manager. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-29 00:00:00 UTC ]
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Defining American Cuisine: PW Talks to the Editor of ‘America: The Great Cookbook'

Joe Yonan, the editor of 'America: The Great Cookbook,' discusses the challenges of representing the American food scene, in all of its complexity diversity, in a single volume. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-21 00:00:00 UTC ]
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4th Estate signs Mexican author Luiselli's novel and non-fiction 'companion'

HarperCollins imprint 4th Estate has bought a novel and a non-fiction “companion piece” by Mexican author Valeria Luiselli. Continue reading at The Bookseller

[ The Bookseller | 2017-06-16 00:00:00 UTC ]
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Greenpeace Wars with Paper Company, Sticking Publishers In the Middle

The Big Five have found themselves in the middle of a long-running battle between Greenpeace and Resolute Forest Products over logging practices in Canada’s Boreal Forest. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-16 00:00:00 UTC ]
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German and French book trades issue impassioned plea for government support

Germany and France have called on policy-makers in their respective governments in Berlin and Paris as well as in Brussels for sustainable policies to promote books in the digital age. Continue reading at The Bookseller

[ The Bookseller | 2017-06-16 00:00:00 UTC ]
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The Book People acquires gift company Qwerkity

The Book People has acquired gift company Qwerkity, heralding its “natural” expansion into the gift market. Continue reading at The Bookseller

[ The Bookseller | 2017-06-13 00:00:00 UTC ]
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Behind the French Bestseller, 'Thinking and Acting Like A Cat'

This self-help book, which instructs people how to emulate the best qualities of cats, was helped along by an innovative marketing campaign in which its publisher reached out to cat lovers via Facebook. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-13 00:00:00 UTC ]
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‘In reality, we are a content company’: Football clubs embrace the role of digital publisher

Some teams' marketers are already back on the training field in a bid to monetize an uptick in digital consumption they have so far struggled to understand. The post ‘In reality, we are a content company’: Football clubs embrace the role of digital publisher appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-06-12 00:00:00 UTC ]
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PRH buys literary merchandise company Out of Print

Penguin Random House has acquired a New York-based company specialising in creating and selling licensed illustrated literary-themed products called Out of Print. Continue reading at The Bookseller

[ The Bookseller | 2017-06-09 00:00:00 UTC ]
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PRH Acquires Literary-Themed Apparel Company

The publisher has acquired Out of Print, which produces and retails literary-themed apparel, accessories, and home goods. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-07 00:00:00 UTC ]
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BookExpo 2017: At PEN America First Amendment Panel, Different Takes On Protecting Speech

BookExpo and PEN America's joint panel on Thursday afternoon, "The First Amendment Resistance," found activists and speech advocates debating the ethical and civil responsibilities of writers and publishers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-02 00:00:00 UTC ]
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BookExpo 2017: PEN America Named BookExpo Ambassador Award Winner

BookExpo will honor PEN America with its seventh annual Industry Ambassador Award, which recognizes major innovators and creative leaders that make the book industry better, on June 1. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-01 00:00:00 UTC ]
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BookExpo 2017: Amazon Will Be the Fifth Largest Bookstore Chain

A combination of bookstore attrition and its own startup efforts will make Amazon Books the fifth largest general bookstore chain in the U.S. based on the number of outlets. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-01 00:00:00 UTC ]
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'Help desk tax' could cost companies in Pennsylvania

A single word in the language of a law passed in Pennsylvania last year could have long-ranging implications for companies that use or provide a common service — technical support. The so-called "help desk tax" emanated from Act 84, a statute designed to levy the Pennsylvania Sales and Use Tax... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2017-05-25 00:00:00 UTC ]
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