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 ]
President Barack Obama announced a new program on Thursday aimed at delivering access for more than 10,000 ebooks to financially strapped schoolchildren throughout the United States. The $250 million program will feature titles from numerous publish... Continue reading at Engadget
[ Engadget | 2015-05-01 00:00:00 UTC ]
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Serpent's Tail has acquired Adrien Bosc's Constellation, a literary sensation in its native France. The novel is based on the true story of the crash of a Lockheed Constellation passenger plane which went down when travelling between Paris and New York in 1949. The book combines stories of the... Continue reading at The Bookseller
[ The Bookseller | 2015-04-03 00:00:00 UTC ]
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Watch highlights from the opening panel session at the Changing Media Summit 2015 Speaking at the Guardian Changing Media Summit 2015, a panel of leaders from Hearst Magazines, the Financial Times, Guardian News & Media, Johnston Press and FremantleMedia, describe how their businesses are... Continue reading at The Guardian
[ The Guardian | 2015-03-24 00:00:00 UTC ]
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As Hearst Magazines president, David Carey is constantly on the lookout for growth, from Hearst's longstanding titles, acquisitions and new launches. But publishing a monthly magazine isn't what it used to be. In the first of our media CEO Q&A series, Carey talks about challenging... Continue reading at Digiday
[ Digiday | 2015-03-23 00:00:00 UTC ]
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With meager advances, often just 500 euros, and royalty rates of 3-8%, French children's book authors have much to complain about. The post French Children’s Book Authors Suffer Pint-sized Payments appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-03-23 00:00:00 UTC ]
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The Amazon Publishing France had hired its first employee, Clément Monjou, who will start by publishing a pair of translations under the Crossing imprint. The post Amazon Publishing France: How Will the French Respond? appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-03-20 00:00:00 UTC ]
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Nine out of ten French read books last year and on average people read 16 books a year: 14 in print, 2 digital. Still, the French see room for improvement. The post Study Reveals the Relationship Between the French and Reading appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-03-18 00:00:00 UTC ]
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It's a fact: even though printed books are not yet dead, there's an increasing number of people who are turning to ebooks to read their favorite book. Trajectory, a Marblehead-based company launched three years ago by two technology veterans, seeks to not only help publishers distribute their... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2015-03-16 00:00:00 UTC ]
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(Reuters) - A little-noticed change in the way Google selects search results has allowed company statements to top the list of news links shown when users search for information on businesses. The measure may cost news publishers web traffic a ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2015-03-13 00:00:00 UTC ]
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Audible, the largest producer and seller of audiobooks, has reportedly begun commissioning original audio works. A book by Jeffery Deaver is one of the works currently being created by the company. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2015-03-11 00:00:00 UTC ]
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Want to get through to the hard-to-reach millennial male? Thrillist Media Group thinks it knows the formula. The digital publisher announced the creation of The CoLab, its own in-house agency that will work with brands to create native activations and content. "We wanted to have one cohesive... Continue reading at AdWeek
[ AdWeek | 2015-03-10 00:00:00 UTC ]
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We spoke with the deputy editorial director at Paris-based Belfond about the importance of independent booksellers in her country, and the Irish debut novel she's publishing thanks a plug from to Colum McCann. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-03-10 00:00:00 UTC ]
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Canongate has created a spin-off company to further develop its Letters Live series of events. Five shows, which will feature actors Benedict Cumberbatch and Louise Brealey, will run at the Freemasons’ Hall from 31st March to 4th April 2015. The live events will celebrate the “enduring power of... Continue reading at The Bookseller
[ The Bookseller | 2015-03-10 00:00:00 UTC ]
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The future of platforms like Facebook and Twitter is like cable providers, and publishers will be like networks, publishing content directly on platforms -- and relying on the platforms, to a large extent, for monetization. Jon Steinberg, CEO of North America of Daily Mail, sees Snpachat... Continue reading at Digiday
[ Digiday | 2015-02-26 00:00:00 UTC ]
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They were three college students reading magazines like Cosmo, Marie Claire and Vogue. And they just knew: Something was missing. They were craving content geared specifically to college women, and as they investigated further, they realized they had found a hole in the media... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2015-02-19 00:00:00 UTC ]
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Voltaire’s Treatise on Tolerance is a bestseller again in France 200 years after its publication as people try to understand the Charlie Hebdo murders. The post In the Wake of Tragedy: Voltaire Hits the French Bestseller Lists appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-02-17 00:00:00 UTC ]
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Chicken House and Altitude, a film production company, are teaming up to develop book and film projects simultaneously. “Instead of waiting for a final book to take into movie production, we will find scripts or treatments together and develop them at the same time,” said Barry Cunningham, m.d.... Continue reading at The Bookseller
[ The Bookseller | 2015-02-12 00:00:00 UTC ]
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French readers like many trashy books just as much everyone else; Americans are the most unlikely to finish a book…and more insights from ebook pros. The post Oui, French Readers are Just as E-Trashy as Everyone Else appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-01-20 00:00:00 UTC ]
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In 1964, Robert Cameron became well known in San Francisco when he published The Drinking Man’s Diet, the original low-carb diet allowing ample booze consumption. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-01-16 00:00:00 UTC ]
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