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 ]
Well, Simon & Schuster is not going to be sold, for now. A federal judge ruled in October that Penguin Random House couldn’t buy the publisher, and since then, Simon & Schuster’s parent company has decided against mounting an appeal. That said, the future of America’s third-largest... Continue reading at Literrary Hub
[ Literrary Hub | 2022-11-29 09:53:56 UTC ]
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Mercer Mayer, author of 300 books including the long-running Little Critter series, has partnered with digital media developer John Sansevere to form a new company, Twelve/30. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-11-29 05:00:00 UTC ]
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On Friday, Longwood University announced the finalists for the 2022 John Dos Passos Prize, which is the oldest literary award given by a Virginia college or university, and which honors “one of America’s most talented but underappreciated writers. . . whose work offers incisive, original... Continue reading at Literrary Hub
[ Literrary Hub | 2022-11-21 14:30:02 UTC ]
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US law enforcement isn't just interested in shutting down video pirates. The feds have charged two Russian nationals, Anton Napolsky and Valeriia Ermakova, for allegedly running the pirate e-book repository Z-Library. The site was billed as the "world's largest library" and held over 11 million... Continue reading at Engadget
[ Engadget | 2022-11-17 21:44:09 UTC ]
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The 11th iteration of University Press Week highlights 'pressing social conversations' and 'vital scholarship,' among other things. The post University Press Week: A Total 158 Campus Publishing Companies appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-11-14 20:15:56 UTC ]
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The venture capital market is slowing -- and while that might be a good thing for some investors, it'll likely be more difficult for media companies to raise capital. Continue reading at Digiday
[ Digiday | 2022-11-10 05:01:00 UTC ]
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PRH's third annual demographics report shows that diversity among its leadership and executive teams continues to be a work in progress. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-11-09 05:00:00 UTC ]
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Women have faced gender-based discrimination in the workforce throughout history, denied employment in all but a handful of subservient roles, regularly ignored for promotions and pay raises — and rarely ever compensated at the same rates as their male peers. This long and storied socioeconomic... Continue reading at Engadget
[ Engadget | 2022-10-30 14:30:31 UTC ]
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The 28th issue of Kayak—a literary magazine edited and published by George Hitchcock out of Santa Cruz, California—appeared in 1972. The issue includes mostly poetry, as well as a few book reviews, a work of verse fiction, collages, illustrations lifted from old books and manuals, and an acerbic... Continue reading at Literrary Hub
[ Literrary Hub | 2022-10-19 08:57:28 UTC ]
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Prince Shakur’s debut memoir When They Tell You to Be Good starts with an argument between him and his mother which recalls the image of his father’s murder, a man he never got to know. In unflinchingly honest detail Shakur traces his own journey of self actualization as a queer, Black Jamaican... Continue reading at Electric Literature
[ Electric Literature | 2022-10-13 11:00:00 UTC ]
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This morning, the Swedish Academy awarded the Nobel Prize in Literature to the French author Annie Ernaux “for the courage and clinical acuity with which she uncovers the roots, estrangements and collective restraints of personal memory.” Annie Ernaux is the author of some twenty works of... Continue reading at Literrary Hub
[ Literrary Hub | 2022-10-06 11:09:56 UTC ]
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Annie Ernaux, 82, was cited for “the courage and clinical acuity with which she uncovers the roots, estrangements and collective restraints of personal memory." Continue reading at The Huffington Post
[ The Huffington Post | 2022-10-06 11:03:31 UTC ]
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Book piracy in France has taken a hit, with court action led by the SNE and 12 publishing companies against 'Z-Library.' The post French Publishers Cheer a Court’s Order to Block a Book Piracy Site appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-09-19 20:26:31 UTC ]
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How this little-remembered "robber baron" shorted stock, collected railroads, caused a financial panic -- and amassed a fortune. Continue reading at The Washington Post
[ The Washington Post | 2022-09-16 10:00:15 UTC ]
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The 12-year-old English powerhouse in independent children's publishing is distributed in the States by Hachette Book Group. The post The UK’s Nosy Crow Opens a US Company appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-09-15 00:53:36 UTC ]
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There are very few things in the world that we at Electric Lit love more than bookstores, but one of those things is pets. We are absolutely obsessed with our furry friends. It only stands to reason that to our minds, there is no greater place in the world than a bookstore with a pet. […] The... Continue reading at Electric Literature
[ Electric Literature | 2022-09-05 11:00:00 UTC ]
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In ‘Slaying the Dragon,’ Ben Riggs chronicles the rise and fall of the company behind the granddaddy of role-playing games Continue reading at The Washington Post
[ The Washington Post | 2022-08-26 12:00:00 UTC ]
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Did you know streaming TV was the future? Nielsen data shows streaming TV viewership in the US surpassed cable for the first time this July. About 34.8 percent of viewing time went to shows on internet services — slightly more than the 34.4 percent for cable.Breaking it down further, Netflix had... Continue reading at Engadget
[ Engadget | 2022-08-19 11:15:00 UTC ]
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It was seemingly just a matter of time before streaming overtook at least one form of conventional TV, and now that moment has arrived. Nielsen data indicates that streaming TV viewership in the US surpassed cable for the first time this July. About 34.8 percent of viewing time went to shows on... Continue reading at Engadget
[ Engadget | 2022-08-18 16:44:57 UTC ]
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