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 ]
Chandler education technology company StrongMind has moved into a larger, custom office, expanded by 60 percent over the last year, and plans to continue hiring this year. StrongMind develops technology and content curriculum for 6th to 12th graders that online schools and blended-learning... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2017-04-18 00:00:00 UTC ]
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Renowned makeup artist & best-selling author Bobbi Brown talks finding her passion, leaving her namesake company, and her newest book on "No Limits with Rebecca Jarvis. Continue reading at ABC News
[ ABC News | 2017-04-18 00:00:00 UTC ]
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CMO Michael Brunt details the 175-year-old magazine's strategy to boost circulation revenue by penetrating a still largely untapped market. The post Inside The Economist’s Plan to Conquer America appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2017-04-07 00:00:00 UTC ]
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There are five of them in all, starting with the premise 'That Thomson Reuters shall at no time pass into the hands of any one interest, group or faction.' The edicts were created in 1941 in partnership with shareholders and the Newspaper Publishers Association. This week, Reuters announced that... Continue reading at AdWeek
[ AdWeek | 2017-04-07 00:00:00 UTC ]
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The annual festival, focused on indie comics and graphic novels, attracted more than 4,000 fans on Saturday. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-04-05 00:00:00 UTC ]
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Bertelsmann has acquired a stake in Indian ed-tech company Eruditus Executive Education. Continue reading at The Bookseller
[ The Bookseller | 2017-04-04 00:00:00 UTC ]
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Google, Facebook, et al are in reality media companies and must accept the responsibilities that go with it Attention, like snow, comes in two varieties; the fun, beautiful kind, and the “wrong” kind, the kind that stops trains and freezes democracy. Recently the seemingly unstoppable digital... Continue reading at The Guardian
[ The Guardian | 2017-04-02 00:00:00 UTC ]
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Mitchell Beazley, part of the Octopus Publishing Group, has commissioned New French Table from the mother-and-daughter team behind the Roux empire, Giselle and Emily Roux. Continue reading at The Bookseller
[ The Bookseller | 2017-04-01 00:00:00 UTC ]
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What would it look like if America went to war with itself over oil, against a backdrop of devastation from the effects of climate change? The dystopian “American War,” a debut novel by journalist Omar El Akkad, makes such catastrophic “what if?” scenarios personal via an intimate portrait of a... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-03-31 00:00:00 UTC ]
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Tech culture has the reputation for long hours, intense competition, and little time for reflection. But Asana, a workplace-productivity management company founded by former Facebookers and Googlers, couldn’t be further from this stereotype. The company is built on the idea that mindfulness,... Continue reading at Fast Company
[ Fast Company | 2017-03-29 00:00:00 UTC ]
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“We want a return to democracy, to serve the readers. We want to fight against corruption,” said Edwy Plenel, co-founder of independent French online publisher Mediapart. The post How French publisher Mediapart has used political tumult to drive subscriptions appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2017-03-28 00:00:00 UTC ]
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Children’s Fun Publishing is a joint venture between Egmont Group and Posts & Telecommunications Press, so the wealth of foreign works in its 6,000-title catalogue is not surprising. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-03-17 00:00:00 UTC ]
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Editions Fayard will publish Barack and Michelle Obama’s memoirs in the French language, chairman and c.e.o. Sophie de Closets has announced Continue reading at The Bookseller
[ The Bookseller | 2017-03-16 00:00:00 UTC ]
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This year's education innovators are transforming how—and what—we learn. This year's education innovators are transforming how—and what—we learn.Online learning used to involve little more than clunky ebook versions of standard textbooks. No longer. Today the most... Continue reading at Fast Company
[ Fast Company | 2017-03-09 00:00:00 UTC ]
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Actor Sir Derek Jacobi has spoken out against the imminent closure of the Samuel French Theatre Bookshop, which is to become online-only following a “crippling” hike in rent by its landlord. Continue reading at The Bookseller
[ The Bookseller | 2017-02-28 00:00:00 UTC ]
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A decade-by-decade history of race and racism in America, compiled by a National Book Award Winner. Continue reading at The New York Times
[ The New York Times | 2017-02-22 10:00:01 UTC ]
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PEN America has announced the winners of the majority of its 2017 Literary Awards, which include novelist, essayist, and critic Aleksandar Hemon and novelist Helen Oyeyemi. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-02-22 00:00:00 UTC ]
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Specialist theatre bookshop Samuel French has been forced to close after 34 years following a “crippling” hike in rent by its landlord. Continue reading at The Bookseller
[ The Bookseller | 2017-02-17 00:00:00 UTC ]
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Greg Hywood, himself a male champion of change, dismays staff by bringing in new management team that sidelines womenFairfax Media’s chief executive, Greg Hywood, has come under fire for appointing 10 men and just one woman to lead his “next generation publishing model”, part of the company’s... Continue reading at The Guardian
[ The Guardian | 2017-02-15 00:00:00 UTC ]
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In what may have been the industry's biggest-ever team-building program, more than 1,400 Penguin Random House employees took part in PRH’s first Company Week. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-02-10 00:00:00 UTC ]
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