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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Survey: Institutional Library Spending Up Slightly in North America; Europe Declines

The annual survey, conducted by the Publishers Communication Group (PCG) found that a sputtering global economy is still affecting library budgets. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-31 00:00:00 UTC ]
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J K Rowling honoured by PEN America

J K Rowling has been honoured by PEN America with the 2016 PEN/Allen Foundation Literary Service Award. The Harry Potter author received the award for her work that "opposes oppression in any form" and "champions the best of humanity". Continue reading at The Bookseller

[ The Bookseller | 2016-05-18 00:00:00 UTC ]
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California regulators approve Charter's takeover of Time Warner Cable

Charter Communications has cleared a final regulatory hurdle in its nearly year-long quest to clinch its $71-billion acquisition of Time Warner Cable and Bright House Networks. California Public Utilities Commission members on Thursday voted unanimously to approve the transfer of phone licenses,... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-05-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #charter communications #year-long quest


BEA 2016: The Okee Dokee Brothers Celebrate America’s Great Outdoors

While the late Prince represents the Minneapolis sound to millions of adults, two other Twin Cities musicians, the Okee Dokee Brothers, represent its flip side: a more pastoral and family-friendly Minneapolis sound. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-12 00:00:00 UTC ]
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CCC acquires publishing solutions company Ixxus

The Copyright Clearance Center has acquired London-based publishing solutions company Ixxus. Continue reading at The Bookseller

[ The Bookseller | 2016-05-05 00:00:00 UTC ]
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Clays' parent company issues profit warning

St Ives, the parent company of book printer Clays, has warned of lower profits for the final quarter of 2016 and the next financial year because of “global economic uncertainty”. Continue reading at The Bookseller

[ The Bookseller | 2016-04-27 00:00:00 UTC ]
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Staff Pick: 'The French Resistance' by Olivier Wieviorka

Reviews editor Everett Jones recommends 'The French Resistance' by Olivier Wieviorka, a synthesis of existing research into the Byzantine, mutating infrastructure of the Resistance. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-22 00:00:00 UTC ]
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Henry Holt & Company Celebrates 150 Years

Henry Holt & Company has undergone a number of incarnations since it was formed in 1866, when Henry Holt partnered with Frederic Leypoldt to publish books under the name Leypoldt & Holt. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-22 00:00:00 UTC ]
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Irish Company Focuses on Diversity for New Personalized Children's Books

Irish startup Writing for Tiny allows users to create personalized books with characters of all sizes and colors. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-15 00:00:00 UTC ]
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BBC Worldwide invests in Curtis Brown parent company

BBC Worldwide is to take a 10% stake in Curtis Brown, which is set to "unlock further production opportunities" for the agency's talent. Continue reading at The Bookseller

[ The Bookseller | 2016-04-15 00:00:00 UTC ]
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Asia, North and South America, Africa, Europe featured in London Book Fair’s Excellence Awards

France, Australia, US, China, Sudan, Brazil, Poland, New Zealand and more factor into the honors: New Bookstore of the Year category a popular favorite. The post Asia, North and South America, Africa, Europe featured in London Book Fair’s Excellence Awards appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-04-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post asia #south america #excellence awards #year category


Should Media Companies Fear Facebook Live and Instant Articles or Embrace Them?

Of the many talking points Tuesday at Facebook's F8 conference, two stood out because of their potential ramifications: the full rollout of Instant Articles and Facebook Live opening up to developers. We did a quick poll of tech players to gain insight into whether media companies should fear... Continue reading at AdWeek

[ AdWeek | 2016-04-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #monetization opportunities #online video #user base #watching closely


Behind the French Bestseller, 'Waiting for Bojangles'

This debut novel, about a child with eccentric parents, has sold over 120,000 copies in France since its January release and has benefited greatly from early support from booksellers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-12 00:00:00 UTC ]
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Facebook Live video service sees company paying news publishers

Payments to BuzzFeed and others reflects Facebook’s desire to ensure Live has sufficient engaging contentFacebook is paying news publishers and broadcasters, including the New York Times, BuzzFeed and Sky, to provide content on its live video service.Video has become a priority for Facebook and... Continue reading at The Guardian

[ The Guardian | 2016-04-06 00:00:00 UTC ]
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Time Warner Cable sweetens deal again for Dodgers TV channel -- and still no takers

In a last-ditch effort to strike a deal before the start of the new baseball season, Time Warner Cable has once again sweetened an offer to other pay-TV providers in hopes of winning wider carriage for the Dodgers' TV channel in Southern California.But there still are no takers — increasing the... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-03-30 00:00:00 UTC ]
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28,000 French-Language Ebooks Are Newly Available in the US

Eighty-eight French publishers and some 28,000 French-language titles are represented in bookstore Albertine's ebook expansion. The post 28,000 French-Language Ebooks Are Newly Available in the US appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-03-30 00:00:00 UTC ]
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America's Test Kitchen Geeks Out

The media company behind Cook's Illustrated and Cook's Country is creating a new vertical all about the science of cooking. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-03-25 00:00:00 UTC ]
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The four types of fan reactions to Time Warner Cable's ongoing Dodgers channel plight

It was the news that had hard-core Dodgers fans personifying the spectrum of face emojis on their smartphones.Time Warner Cable said Tuesday that it had cut by 30% the price of the sports channel owned by the Dodgers with the hope ends the standoff over distribution of the channel with DirecTV... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-03-24 00:00:00 UTC ]
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French publishers are cracking down on adblock users

France declared war on freeloaders this week, as the Paris Métro cracked down on ticket fraud and the nation's newspapers formed a bloc against ad-blockers. But it seems freeloading does still pay. Ten percent or more of travelers on the tramways circling Paris don't pay, according to the local... Continue reading at PC World

[ PC World | 2016-03-23 00:00:00 UTC ]
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Time Warner Cable lowers price of Dodgers channel, hoping to end stalemate

Time Warner Cable is floating a proposal designed to end the standoff over distribution of the sports channel owned by the Los Angeles Dodgers to allow legions of Southern California baseball fans to enjoy Hall of Fame announcer Vin Scully's final season in the broadcast booth.Time Warner Cable... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-03-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #final season