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 ]
Former Regnery Books president and publisher Marji Ross argues that conservative publishers, after finding their voice and audience, now face challenges to being heard. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-04-19 04:00:00 UTC ]
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News Corp Australasia executive chairman issues all-staff memo, with scrutiny on election coverage likely to increaseGet our free news app; get our morning email briefingFollow our Australia news live blog for the latest updatesRupert Murdoch’s Australian lieutenant has told News Corp... Continue reading at The Guardian
[ The Guardian | 2022-04-13 07:57:04 UTC ]
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Publishers have been talking about diversification for as long as the tech companies have insisted they’re not media owners. The challenge for publishers, however, is moving beyond charging people to read content to make money. The post ‘Big steps’: Slowly, but surely French publisher Groupe... Continue reading at Digiday
[ Digiday | 2022-04-13 04:01:00 UTC ]
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Invoking #SayHerName, this new book fuses together history, data and first-person stories to envision a world free of violence. Continue reading at The Huffington Post
[ The Huffington Post | 2022-04-11 14:10:48 UTC ]
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With the sale, Captain America joined Superman and Spider-Man in having debut issues that topped $3 million at auction. Continue reading at The New York Times
[ The New York Times | 2022-04-08 13:21:14 UTC ]
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The new report finds an astonishing 1,586 book bans and restrictions in 86 school districts across 26 states, targeting some 1,145 unique book titles. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-04-08 04:00:00 UTC ]
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The four of the Big Five publishers to release their financial results publicly all saw strong increases in earnings in 2022. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-04-01 04:00:00 UTC ]
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Nielsen is being acquired for $16 billion, including debt, about a week after the media measurement company rejected a smaller offer Continue reading at ABC News
[ ABC News | 2022-03-29 21:47:16 UTC ]
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"French Braid," Anne Tyler's 24th novel, will be immediately recognizable to her fans. Continue reading at The Washington Post
[ The Washington Post | 2022-03-22 12:00:08 UTC ]
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With more than 4,000 library workers and advocates expected to attend, library leaders say this week's Public LIbrary Association conference, the largest in-person library gathering since February 2020, feels like a sign of renewal. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-03-21 04:00:00 UTC ]
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The events of 2000, including the disputed election and the 9/11 hijackers' preparations, "broke" America, Andrew Rice argues. Continue reading at The Washington Post
[ The Washington Post | 2022-03-18 12:00:11 UTC ]
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Historian Anne F. Hyde examines intermarriage among tribes, and between Indigenous people and Whites, and the challenges these families faced. Continue reading at The Washington Post
[ The Washington Post | 2022-03-11 13:00:33 UTC ]
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Qian Julie Wang’s debut memoir Beautiful Country is a compelling and intimate portrait of an undocumented childhood. Much like Betty Smith’s A Tree Grows In Brooklyn and Frank McCourt’s Angela’s Ashes, we are carried into the heart and mind of a child: this time, a young, undocumented girl in... Continue reading at Electric Literature
[ Electric Literature | 2022-03-10 12:00:00 UTC ]
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As the only Black director on her team, an employee at a large digital media company quit after the support and resources she needed to succeed went to her white colleagues instead. The post ‘They excluded me’: Confessions of a Black director at a digital media company who felt ‘invisible’... Continue reading at Digiday
[ Digiday | 2022-02-22 05:01:00 UTC ]
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The winners of the 2022 BolognaRagazzi Book Awards, given in six categories, have been announced. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-02-22 05:00:00 UTC ]
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The founder of Audible Inc., a leading force in the booming audiobook industry, will be honored in May at PEN America’s annual gala Continue reading at ABC News
[ ABC News | 2022-02-18 15:03:22 UTC ]
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During his time at Princeton, the writer was one of the most impactful "militant humanists" working against the Nazis. Continue reading at The Washington Post
[ The Washington Post | 2022-02-18 13:00:42 UTC ]
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In 'Fortune: How Race Broke My Family and the World and How to Repair it All,' author and activist Lisa Sharon Harper says structural racism isn't just a political or even only an ethical problem – it's a religious one as well. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-02-09 05:00:00 UTC ]
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The latest of the 17 national transformative agreements Springer Nature has announced are in Canada and Colombia. The post Springer Nature: Open Access Transformative Agreements in the Americas appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-02-08 16:07:39 UTC ]
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Lakeside Book Company, the book printing division of LSC Communications, will acquire Phoenix Color from ALJ Regional Holdings for $134.8 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-02-07 05:00:00 UTC ]
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